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E-Commerce FAQ

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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