We all know the fact in affiliate marketing the commission which you receive or give is all based on the account through which you debit or credit the money, the credit card which you use it charges some amount of fee, entirely depending on the company of that credit card which you are using. Generally the company charges around 5% fee during the transaction. This fee is unavoidable but you can surely save some amount of money during the transaction and can invest this saved amount in your business by following three ways:-
1)Decide the type of account you want to choose
Overall if you will look then own merchant account saves you well from such fees during transaction, it will cost you less if you compare it with combined account, getting combined is very easy that’s the main reason that small business owners choose combined account, so if your business is running good do choose merchant account as it will lower down the credit card transaction fee. PayPoint and Sagepay are the gateways which ask you a personal account but payment gateways like PayPal and Stripe ask you for a combined payment gateway and merchant account.
The main thing to look over here is what option do you want to choose the PayPal and Stripe or you need a tech team to suggest you the required software?
2) Research, Compare and then choose
Whether you owe a large business or small business, you want the best deal in order to pay less during the transaction, this is the human nature you are not the only one out there, no problem the first thing you should do before choosing the right company through which you want to issue the credit card and use it in your business, the smartest and easiest way to find out the information is on Google, don’t hesitate look at the companies call them up ask your doubts on this, clear out the startup fees and other charges and tell them your needs and negotiate accordingly this will not only tell you the companies through Google you can gain knowledge also about the company’s reputation you will able to get a deep knowledge out of this if any complaint is there regarding companies you can shortlist and choose the second best option for you.
3) TEN Popular Gateways to choose
- Google Wallet