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E-Commerce FAQ
What will it cost?
Pretty much whatever you want to pay. The actual site can cost from
nothing up to several hundred dollars per month. You'll probably
like the sound of nothing, but the free e-commerce sites tend to
be a risky bet in today's economic climate. Many have gone bust,
and some of the others have started charging for their services.
As well as the cost of running the site, there is the additional
cost of processing payments. If you intend to accept credit cards
you will pay transaction fees to your bank and credit card-processing
companies as well as fixed monthly fees. The transaction fees mean
that you may end up paying from 2-5% of the sale plus up to $1 for
each transaction.
If you don't qualify for a Merchant Account, the payment processing
services can charge anywhere from 10% upwards depending on how much
of a risk they consider you to be.
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