Thursday, December 13, 2007

Shopping Carts

I met with my friend last night with whom I'm starting up Business #2 and showed her the product samples. We also spent some time figuring out the next steps - one of which includes getting a website and shopping cart up and running.

So I spent some time this morning researching various shopping cart options and it looks like PayPal is the best bet for small businesses. With a PayPal business account it looks like you can accept Visa, Mastercard, AMEX, Discover, and PayPal but don't have to pay monthly fees, gateway fees, setup fees, etc and simply pay a transaction fee just as you do with any credit card sales. PayPal even helps you set up the shopping cart which is hosted on their site so you never have to worry about misplacing any sensative financial information.

I need to look at it further as I may end up changing Business #1's shopping cart and payment to PayPal as well since I think it'll save me a good deal of money.

If you're interested in learning more about it check out their info here: https://www.paypal.com/us/cgi-bin/webscr?cmd=_wp-standard-overview-outside

Just wanted to add that I am in no way paid by PayPal for this and I'll be more than happy to share later whether or not we used them and, if so, what we think about the functionality.

And as soon as we get things set up (hopefully in January) I'll post a link to Business #2. I think it will be fun and best of all 10% of proceeds goes to charity!

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