How to Accept Money on a WordPress Site
It’s 2021, and especially in light of recent global events, businesses must start accepting credit card payment online, on their websites, if they haven’t already done so. Holding 60.8% of CMS market shares and powering 14.7% of the world’s top websites, there’s no denying that WordPress is now the standard for content management systems in the world.
Whether you’re running a blog or an e-commerce website, WordPress allows you to create a platform where you can build your brand, sell your products and just nourish a community of consumers and subscribers.
But more than that, there are several ways to accept money on a WordPress website through various payment gateways.
WordPress Payment Gateways
PayPal
When talking about payment gateways, PayPal almost always comes to mind first, and it’s how a lot of businesses accept money on their WordPress websites.
As a trusted payment processor, PayPal offers a wide range of tools for you to use in processing payments and it’s also very transparent with its fee schedules and processing fees, although you can find cheaper rates from other payment gateways.
Some of PayPal’s rates include 2.9%+$0.30 per transaction, 3.5%+$0.15 per transaction for mobile and in-store transactions, and 3.1%+0.30 per transaction for virtual terminals.
Pay Kings
If you’re categorized as a high-risk merchant account, you might find it hard to secure an account with more traditional payment gateways. But Pay Kings has you covered with its extensive solutions for both low-risk and high-risk businesses that you can easily integrate with your WordPress website.
You just need to apply for an account with this payment gateway and you’ll have no problems processing credit and debit card payments on your website using the WooCommerce plug-in that also allows you to create customizable product pages, shopping carts, and checkout pages.
Tips for Accepting Payments on a WordPress Site
Now that you have two smart options for your payment gateway, you should also learn the tricks to making sure that you don’t encounter any problems when you accept money on a WordPress website.
For one, you should only go for a credit card processing company that you can fully integrate with your website. This helps you avoid any errors that might affect checkouts and eventually make you lose money.
It’s also very important to choose a web host that can handle online payments. The easiest way to determine this is by checking if your plan includes SSL/TLS certificates.
If your web host doesn’t have this feature, you might need to purchase it separately, which means additional expenses on your end. So, if you don’t want to spend more, you have to go with a web host already equipped for online payment transactions.
The Takeaway
Online payment processing gives more leverage to your WordPress website because it doesn’t only allow you to sell your products faster online, but it also boosts your brand’s credibility to ensure that you get that much-needed edge from the competition.
So if you haven’t decided on the right payment gateway yet, both PayPal and Pay Kings are smart options that you can try.
Just do your research to make sure that your payment gateway would fit your exact business needs and offer you credible support in case you encounter some problems with your payment processor.
Contact us today to find out which option best suits your business when you open a merchant account with First Card Payments.
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My interest in the financial world started to blossom in High School. However, my parents tell me I use to watch financial programs before the age of 5. So, I guess I was born with the Financial bug. In high school I was accepted into their Finance Academy, which I attended for 4 years. In addition to graduating high school, I accumulated a substantial amount of financial knowledge few people experience at such a young age. During which time, I won the State of Florida Stock Market Contest and I also finished in the top 100 in the CNBC stock market contest which had over 1 million participants throughout the country (including some of Wall Street’s elites) with a take home prize of $1 million. These achievements allowed me to be invited to many shows and events with top people in their fields of business from around the world.
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