Understanding and Selecting Online Payment Systems

Lori Halley 01 May 2013 0 comments

In our recent release of Version 4.5, we increased the number of online payment systems supported by Wild Apricot’s Membership Management software. As we updated our online help documents, we realized that for small organizations thinking about or just getting started with online payments, understanding and choosing from among the many payment services can be a little daunting. So we decided to create a series of articles and resources to help you navigate all of the different online payment service options, and decode the jargon.

New resource for newbies: Understanding Online Payment Services

Since many small organizations have been handling payments for membership fees, event registration or donations manually, we created an article that explains everything you need to know about accepting online payments on your website. The article:

  • explains the advantages of online payments;
  • clarifies some of the terminology
  • takes you through a step-by-step, illustrated online transaction process
  • outlines some of the factors to consider when choosing an online payment service provider

This free resource is now available in our Membership Knowledge Hub and you can download it here: Understanding Online Payment Services.

How to Select an Online Payment Service Provider

Once you’ve decided it’s time to enable online payments, the next step is selecting the right provider to meet your specific needs. We’ve developed a separate article that outlines the criteria to consider when choosing an online payment service, including:

  • Do they support organizations located in your country?
  • Do they support the currencies you want to use in your transactions?
  • What kind of fees do they charge – per transaction, monthly, setup?
  • What volume of transactions do you expect on your website?
  • Are payments processed on your website or theirs? Do you care?
  • What kind of payments do they accept – credit card, debit card, PayPal?
  • Do they support recurring payments?

The article also includes a Payment Service Selection Checklist (Excel file) that you can use to compare providers.

This free resource is now available in our Membership Knowledge Hub and you can download it here: How to Select an Online Payment Service Provider. 

We hope these new resources are helpful for organizations trying to understand and select online payment services.

Get a Special Report on Simplifying Membership Management

Enter your email and receive this special report in your inbox.
Lori Halley [Engaging Apricot] Lori Halley [Engaging Apricot]

Posted by Lori Halley [Engaging Apricot]

Published Wednesday, 01 May 2013 at 8:30 AM

Get a Special Report on Simplifying Membership Management

Enter your email and receive this special report in your inbox.
Sorry, this blog post is closed for further comments.