Chapter 3: Alternative Payment Acceptance Services

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While credit cards are the preferred method of payment for products and services online, you’ll find that not everyone is completely comfortable with purchasing by credit card. Some customers don’t own a credit card at all. It should go without saying that offering other methods of payment acceptance is an absolute must if you’re interested in targeting all types of customers. Giving your customers the option of how they want to pay for their order gives them a greater sense of trust and credibility in your company.

Let’s take a look at some of the other payment acceptance services you can offer your customers:

1. Debit/ATM Card Processing & eChecks
2. Micropayments & Digital Cash
3. Escrow Services

Next Page: Debit/ATM Card Processing & eChecks