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How To Accept Payment For Your Social Network

published on 8/20/2010 in Social Networking
How To Accept Payment For Your Social Network Accept Payment at Your Social Networking Site

When starting a social networking site business, it is not surprising that you will have so many questions. Going into a new business venture needs careful planning and thinking. You have to consider all options and check what is applicable or not. And one of these concerns is how to earn or make money.

Many social networking sites offer free memberships. So, if you will start your social networking site, you have to offer the same. However you can still earn through these methods:

Affiliate Marketing

One way to make money is through affiliate marketing. You can be a partner or affiliate of other businesses and allow them to put up banners with affiliate links and use your social site's space to advertise products or services. When your members or visitors check their sites from your banners and links on your site, you will receive pay for these. You can be given a percentage for every transaction or sale if the customer linked through your site. It will depend on your arrangement with the other company.

Google Ads

You can also earn via Google Ads. When Google Ads appear at your social networking site, you will earn every time someone from your site clicks on a Google Ad. This will of course depend on the traffic you get for your site. The more traffic you have, more ads will be placed on your web pages. These ads being clicked on by your site members and visitors will definitely bring you dollars in revenues and earnings.

Now that you can see possible earnings, we have to check acceptable payment methods for your site. Here are some payment methods that your site can use:

PayPal is one of the most trusted and well-known companies to process third party payment. A subsidiary of eBay, it facilitates payments via electronic debit from any bank account or credit card. You can set up a deposit account with PayPal, request for a PayPal e-check or a bank account transfer.

CCBill is an online billing service that is almost the same as PayPal and accepts payments through e-check, credit card, or debit card. You can also pay with European Debit/Direct Pay or telephone payment using CCBill.

GSPay is a moniker for Global and Secure Pay. It accepts payment through credit card for products and services.

WorldPay is another payment option for your site. It accepts payments over the net, phone, fax, and mail. It honors all major credit cards, debit cards, or local payment schemes.

Intabill, a global company that is into e-commerce, accepts e-checks and debit / credit card payments.

Everything will boil down to what payment option you will choose. You just need to ensure that your software for social networking allows for easy setup of your chosen payment process. DatingSiteBuilder, a well-known and trusted software provider for dating and social networking since 2004, provides reliable social networking software and scripts. This software allows for a copy and paste of the payment code of your chosen method into the system of DatingSiteBuilder. It is no fuss and easy way of posting your payment option. Then you are all set to do your business online.


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