If you’re looking to set up an online store and sell your products, you’re probably wondering how you can process payments.
With all the solutions and information available, it can get a little confusing… Basically, you will only need the following:
- Shopping cart/store solution
- Payment gateway
- Bank account
WordPress Shopping Carts
For WordPress users, there are two main players you can look at when it comes to online store plugins. WooCommerce and EasyCart Both will allow you to configure your products, name a price, and then get ready to sell.
You can also use Shopify to set up your online store/shopping cart.
Payment gateway
What is the best Payment Gateway? What is a Payment Gateway?
Basically it is the online system that securely takes your buyer’s credit card information , collects the money and then sends it to you.
The most popular gateways are as follows.
- Paypal
- Square
- Stripe
- Payoneer
After choosing a payment processor, you’ll need to link it to WooCommerce or EasyCart. This way, it will be set up to handle actual payments from those who purchase from your store.
To link WooCommerce/EasyCart to your payment processor, you will need to log into your account and generate an API key (code that links to your account). Then place that API key in the “settings” section of your plugin.
More information here WooCommerce and EasyCart .
Bank account
Make sure your bank account is linked to the payment gateway. This will ensure that you can send money to your final stop: your wallet.
And that’s all you need. If you don’t have a website yet, Click here to find a hosting package to start your online store.