Home – New Forums Selling online Best payment gateway for low volume/low $ sales Reply To: Best payment gateway for low volume/low $ sales

  • Total posts: 15

Hi Mary, as already mentioned PayPal is probably the best option for basic online sales.
It is relatively easy to setup, with the first step being signing up as a business account and going through the banking verification process, which at most will take 4-5 days before you’re up in running. I believe the paypal account interface is setup for novice users in mind, with a number of user-friendly buttons and instructions to get your paypal gateway setup for the website.

There are a number of other payment gateways, however paypal is probably the most easiest. The base fee structure for paypal is 2.9% + 0.30c for each transaction. This rate obviously gets cheaper if you surpass X number of sales for the month. However lets say you’re selling a book for $20. After you do the calculation, this leaves you with $19.12.

Hope that helps.