Category Archives: e-commerce

PPCalc – Paypal Payment fee calculator

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PPCalc is useful website that can calculate PayPal payment fee. This is useful if you’re planning sell product and service on the internet using Paypal.

By using the fee calculator, you can determine the exact amount of money you will get (minus fee) when the customers pay you, thus it will give you the general idea on the revenue you’re getting.

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Reverse Fee Calculator
Another useful feature of this website is the Reverse fee calculator, which can be use when you want to make sure the person you’re sending money to receive the *exact* amount you’re intending to send.

For example, if you’re owe Brian USD10 and then you decided to pay him using Paypal, you need to make sure that Brian receive USD10 even after Paypal deducted processing fees.

PPCalc takes care of this problem by calculating the payment markups you need to add in order for Brian to receive USD10 after the processing fees (in this case you need to send USD10.66).

In conclusion, PPCalc provide you with a handy tool to calculate Paypal processing fee for your convenience to send or receive payments across the internet.

[tags]paypal,payment processor,calculator,e-commerce,ecommerce,credit card,ccnow[/tags]

2Checkout does not permit selling Paypal, Clickbank related Items

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I don’t know if any of you already know about this, but I recently read in one forum about 2Checkout won’t let a newly registered seller use its service solely because he sells Paypal and Clickbank related e-book.

Here’s the excerpt from the 2CO email taken from the forum :

Hello,

Sorry for the delay. 2CO does not support the service you wish
to provide. There is nothing illegal about it, it is just that 2CO
chooses not to support software that allows clients this type of
information on Paypalâ„¢ and Clickbankâ„¢. I do apologize for this
inconvenience. Please let me know if you wish to use the 2Co account for
something else or I can certainly close and refund the account?

Xxx2CO
Risk Dept.

Sounds like 2Checkout has its own anti-competition policy regarding items related to Paypal and Clickbank. It seems that the product status fell into “2CO’s sole discretion”, as it is not included in the “official” list ofProhibited Products in 2CO site.

btw, the seller did get his money back from 2CO because of that. So you can forget about using 2Checkout service if you’re planning to sell its competitor related items.

[tags]2checkout, 2co, e-commerce, online business, ecommerce, credit card processor, paypal, clickbank[/tags]

Google Checkout is out!

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The latest product from Google, Google Checkout (informally referred as GBuy) is out! Google Checkout aims to simplify online shopping experience by eliminating the need of memorising countless login details for online payment gateway.

Availability

Google Checkout seems to have quite a number participating business judging from their ‘sample’ list at the Checkout website. Registration is free and and the business account is charged 2.0% + USD0.20 fee per transaction, much lower than Paypal

Google Checkout incentive

Google also offers a very attractive incentive to sellers that use Adwords service, if you’re an AdWords advertiser, you can earn free transaction processing through Google Checkout.

For every $1 you spend on AdWords each month, you can process $10 in sales the following month through Google Checkout for free. For example, if your AdWords spend in August is $300, you can process up to $3000 in sales for free through Google Checkout in September.

Types of Account

Google Checkout buyer account is available to all users around the world, where you can register at the Checkout website, all you need to do is just key in your Debit/Credit Card details in the account, and you’ll be ready to shop online with Google Checkout.
The Google Checkout seller account however is limited to US users only.Google has yet to announce the availability of Google Checkout sellers account to other countries.
It’s still remain to be seen how Google Checkout could impact the landscape of e-commerce around the world.

My Thoughts

Having Google Checkout holding all your credit card info is nice, however one question arises since Google Checkout uses the same Google account id as other Google service that you use (i.e GMail, Google-talk Analytics, Froogle, Base, Sitemaps,…), I hate to see the consequences if (in theory) somebody manage to get hold on your Google password and start spending on the internet at your expense.

[tags]google, google checkout, paypal, e-commerce, ecommerce, webshop[/tags]

Shopify: Create online e-commerce shop within minutes

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Ever thinking of opening your own e-commerce retail shop? Does the cost or the hassle to setup an e-commerce website stops you?

Then I think you should try Shopify! Shopify is a service that helps you to setup an e-commerce website within minutes. It has a build-in robust e-commerce solutions such as shopping cart, stock management tools and pricing tools.

You can start selling your merchandise immediately after clicking few buttons. Your can also customise your online webshop with custom templates and spruce up your site with blogs and your own private domain.The only downside of Shopify is that it only supports US/Canadian payment processor, so users outside US/Canada would have to depend to Paypal to receive payments.

All in all, Shopify is a nice service if you’re planning to open your own e-commerce website with minimal cost.
[tags]e-commerce,ecommerce,sell online, webshop,online retailers, ruby on rails[/tags]

AlertPay an alternative Online Credit Card Processor?

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AlertPay is yet another online payment processor from a Canadian company. Dub as a PayPal alternative, AlertPay offers funding it’s account from EFT,Check, Money Order, E-Gold and Credit Cards.

AlertPay funds can be withdrawn to your bank account using either Bank Wire, Bank Transfer and Check or to your e-gold account.

Like Paypal, AlertPay lets you sell online using the popular “Buy Now” button, but unlike Paypal, AlertPay let you sell Adult related product using their service, something that most Payment Processor won’t do for you.

However the fee and charges for selling Adult related stuff is higher than other product on the internet.
Click the icon below to register AlertPay.

[tags]paypal,alertpay,credit card,adult,ecommerce,stormpay,egold,e-gold[/tags]