August 7, 2009 - 2:28am
Making business online I have noticed that no matter how much money is invested in business you should ask the client about his/her preferences before offering your range of services. Sometimes it happens so that in addition to the close attention paid to the client you put the preferences of a target audience to the first place however the sales in the Internet shop still do not go all the way. What’s up? Well, stop running your head into stone walls and ask your client not about the range of the goods, prices and even the ways of delivery! You are to find out the most convenient ways to pay on your site for your customers.
The thing is that in various countries various ways of payment are developed differently. So, for example bank wires that seem so simple and common in the US and Europe are very problematic in Eastern Europe and CIS due to the financial laws and tight governmental control. However the SMS payments that are very popular in Eurasia just started attracting attention and gain the popularity of the US population. Hereupon today payment issues became a real nightmare for webmasters and sometimes even worse, especially when the owner of a what should be done?
As early as a year ago a webmaster was to create accounts with various payment systems, open accounts in merchants and banks to introduce several ways of payment to his/her site. However the most vexing thing is that when making withdrawals you lose not only your money but time as well, and paraphrasing Bill Gates we can say that – Business online is made at the speed of thought.
Some time ago I finally decided to introduce payments through SMS as well as the merchants to accept plastic cards of PayPal and Moneybookers. Today everything goes well and I’m satisfied with my business though I should admit that I will hardly forget that month and a half that I spent to register and verify my accounts. The most difficult thing for me was to open PayPal business account. This payment system refused to open an account for me as according to their policy it’s impossible to open business accounts in my country. So, I had to act through my acquaintance from the US who made me a favor and opened account to his name. And when I finally coped with all those problems I found on the Internet that some international payment system Perfect Money (I even haven’t heard that name) offers to launch an account and to set a Merchant on your site that allows people around the world to come to my site and to make payments in various ways.
You know, Perfect Money provides an opportunity to make instant payments not only those people having Perfect Money e-currency but even those who have no accounts in the system. In other words now any consumer may pay with a bank wire by sending money to the bank details provided by Perfect Money, send an SMS or use PM prepaid cards which according to the system will be accepted everywhere soon. As soon as payment procedure ends I, being an owner of the business, receive my funds to my account in Perfect Money with a memo containing information about the goods a payment made for.
So, nothing ventured, nothing gained, and I decided to sign up with the system. Installation of a merchant took me not so long since Perfect Money provides detailed instructions containing information on how and where to put scripts in the program code of my shop. Once having installed the merchant I decided to test it myself. One by one I tested all the payments methods to check whether all of them work smoothly as it was said by the system. And you know, I cannot raise any complains indeed. I even cannot believe that everything is so simple ad I do not need to waste bags of time to open accounts with the banks.
I have been watching my operations via Perfect Money merchant for several days and still haven’t got any problems. Moreover I noticed an increase in sales at my site was probably caused by the fact that now all the clients of Perfect Money can purchase some digital goods on my site and pay by Perfect Money. One more pleasant thing for me with the system was that Perfect Money site is available in 16 languages including Polish, French, Arabic and Korean – languages of the countries where the hugest traffic to my site comes from.
I decided to withdraw my profit by bank wire which can be made directly from my account in Perfect Money. If the turnovers of Perfect Money grow I think I will not even withdraw my funds in future and will pay my SEO specialist and designer by the PM e-currency from my account.
The only thing a regret of is that Perfect Money has no such a gigantic client base as PayPal owns. However I hope that very soon Perfect Money will gain popularity even in the smallest countries worldwide, or PayPal will introduce some features offered by Perfect Money, though a success of Perfect Money is more probable.
The thing is that in various countries various ways of payment are developed differently. So, for example bank wires that seem so simple and common in the US and Europe are very problematic in Eastern Europe and CIS due to the financial laws and tight governmental control. However the SMS payments that are very popular in Eurasia just started attracting attention and gain the popularity of the US population. Hereupon today payment issues became a real nightmare for webmasters and sometimes even worse, especially when the owner of a what should be done?
As early as a year ago a webmaster was to create accounts with various payment systems, open accounts in merchants and banks to introduce several ways of payment to his/her site. However the most vexing thing is that when making withdrawals you lose not only your money but time as well, and paraphrasing Bill Gates we can say that – Business online is made at the speed of thought.
Some time ago I finally decided to introduce payments through SMS as well as the merchants to accept plastic cards of PayPal and Moneybookers. Today everything goes well and I’m satisfied with my business though I should admit that I will hardly forget that month and a half that I spent to register and verify my accounts. The most difficult thing for me was to open PayPal business account. This payment system refused to open an account for me as according to their policy it’s impossible to open business accounts in my country. So, I had to act through my acquaintance from the US who made me a favor and opened account to his name. And when I finally coped with all those problems I found on the Internet that some international payment system Perfect Money (I even haven’t heard that name) offers to launch an account and to set a Merchant on your site that allows people around the world to come to my site and to make payments in various ways.
You know, Perfect Money provides an opportunity to make instant payments not only those people having Perfect Money e-currency but even those who have no accounts in the system. In other words now any consumer may pay with a bank wire by sending money to the bank details provided by Perfect Money, send an SMS or use PM prepaid cards which according to the system will be accepted everywhere soon. As soon as payment procedure ends I, being an owner of the business, receive my funds to my account in Perfect Money with a memo containing information about the goods a payment made for.
So, nothing ventured, nothing gained, and I decided to sign up with the system. Installation of a merchant took me not so long since Perfect Money provides detailed instructions containing information on how and where to put scripts in the program code of my shop. Once having installed the merchant I decided to test it myself. One by one I tested all the payments methods to check whether all of them work smoothly as it was said by the system. And you know, I cannot raise any complains indeed. I even cannot believe that everything is so simple ad I do not need to waste bags of time to open accounts with the banks.
I have been watching my operations via Perfect Money merchant for several days and still haven’t got any problems. Moreover I noticed an increase in sales at my site was probably caused by the fact that now all the clients of Perfect Money can purchase some digital goods on my site and pay by Perfect Money. One more pleasant thing for me with the system was that Perfect Money site is available in 16 languages including Polish, French, Arabic and Korean – languages of the countries where the hugest traffic to my site comes from. I decided to withdraw my profit by bank wire which can be made directly from my account in Perfect Money. If the turnovers of Perfect Money grow I think I will not even withdraw my funds in future and will pay my SEO specialist and designer by the PM e-currency from my account.
The only thing a regret of is that Perfect Money has no such a gigantic client base as PayPal owns. However I hope that very soon Perfect Money will gain popularity even in the smallest countries worldwide, or PayPal will introduce some features offered by Perfect Money, though a success of Perfect Money is more probable.