Which Micropayments Platform Should You Use?

A micropayments platform is simply a company that allows small to large businesses to handle transactions that are smaller than a typical business would have. These are payments that will be $10 or less, and although this is common at many retail stores across the nation, some companies deal only in transactions that are that low on a consistent basis. The reason that finding a platform that will allow you to continually do these smaller payments specifically is that they will charge less for the fees involved. This is especially true for companies that are doing hundreds, if not thousands, of transactions on a regular basis, helping them to save a substantial amount of money every month. The following companies are ones that you should certainly consider working with because of the reputation, and the low amounts that they will charge when you are using their systems.

What Is A Micro-Payment Platform

The most obvious example of a company that allows micro-payments to occur on a continual basis is PayPal, the company of choice for most small and medium-size businesses today. In fact, it is almost always an option on larger retailers including Amazon, simply because most people already have a PayPal account making it simple to complete the transactions. There are a couple others that are definitely worth trying out which includes Dwolla and Stripe. All of these are very good companies, with PayPal leading the way simply because it is been a long much longer. You might want to consider the other two because their fees might be lower which will help you save money every month. By comparing the plans, you will be able to make a logical and economical decision when considering how many transactions you are going to make compared to how much they are going to charge for the sales that you make throughout the year.

It only takes a few minutes to sign up for any of these, and you should be up and running within hours. The downtime for learning each system is very short, perhaps an hour maximum, and you will be ready to take orders on your website for the products or services that you offer using these micropayments platform options.