PaymentsJournal
SUBSCRIBE
  • Analysts Coverage
  • Truth In Data
  • Podcasts
  • Videos
  • Industry Opinions
  • News
  • Resources
No Result
View All Result
PaymentsJournal
  • Analysts Coverage
  • Truth In Data
  • Podcasts
  • Videos
  • Industry Opinions
  • News
  • Resources
No Result
View All Result
PaymentsJournal
No Result
View All Result

New Payment Processor Claims Alternative to Paypal

Mercator Advisory Group by Mercator Advisory Group
August 14, 2013
in Analysts Coverage
0
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

New payment processor Selz.com says it has an alternative to PayPal for online processing that can help to avoid abandoned shopping carts by handling the payment from the merchant’s website directly instead or redirecting the customer to the processor’s site.

From BusinessDaily.com:

To use Selz.com’s in-page button, website owners choose from a “buy now” button or widget showing the product details and price. The button or widget can be added to their blog, website or online store by cutting and pasting a snippet of code, thus there is no programming required. It can also be added to their Facebook page so customers can shop directly within Facebook, or sellers can use the platform’s built-in sharing tools to post products on their Facebook profile, Twitter account and Pinterest boards.

Selz.com provides an out-of-the-box e-commerce framework that handles everything from secure payments to delivery. The service does not require a contract or a merchant account. While there are no monthly fees, Selz.com charges sellers a flat fee of 5 percent plus 25 cents per transaction. The service is available to buyers and sellers worldwide and supports physical items, such as clothing, artwork, furniture, electronics and merchandise, as well as digital products, including e-books, MP3s, software , and photos. The option to purchase services such as consulting via Selz will be available soon.

Abandoned shopping carts are a problem most online sellers face, and often cumbersome checkout experiences are to blame. PayPal’s checkout service doesn’t fall into that category, regardless of whether it’s through a redirect from a merchant’s own checkout page. Selz.com might want to adjust its marketing pitch to avoid mentioning PayPal, which also charges merchants a much lower rate: 2.9% plus 30 cents, with volume discounts as low as 2.2% with heavy sales.

Click here to read more from Business Daily.

0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

    Analyst Coverage, Payments Data, and News Delivered Daily

    Sign up for the PaymentsJournal Newsletter to get exclusive insight and data from Mercator Advisory Group analysts and industry professionals.

    Must Reads

    eCommerce On Social Media, social commerce

    The Rise of Social Commerce and Social Payments

    February 3, 2023
    Electroneum AnyTask; ETN Crypto, sales enablement

    Ethical Financial Selling: The Role of Compliance Technology and Sales Enablement

    February 2, 2023
    direct deposit

    Nacha Launches Campaign to Reach Millennials on the Benefits of Direct Deposit

    February 1, 2023
    Equinix Helps UK-Based Payments Provider Enable Faster, More Reliable Payments Processing

    Equinix Helps UK-Based Payments Provider Enable Faster, More Reliable Payments Processing

    January 31, 2023
    credit card tumbling

    How to Detect, and Prevent, Credit Card Tumbling

    January 30, 2023
    Why Businesses Need to Adopt Real-Time Payments as a Competitive Differentiator

    Why Businesses Need to Adopt Real-Time Payments as a Competitive Differentiator

    January 27, 2023
    faster payments

    Faster Payments Are Set to Revolutionize Modern Digital Payments

    January 26, 2023
    How AI can Help Manage Payments Risk in 2023

    How AI can Help Manage Payments Risk in 2023

    January 25, 2023

    • Advertise With Us
    • About Us
    • Terms of Use
    • Privacy Policy
    • Subscribe
    ADVERTISEMENT
    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Videos
    • Industry Opinions
    • News
    • Resources

    © 2022 PaymentsJournal.com

    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Industry Opinions
    • Faster Payments
    • News
    • Jobs
    • Events
    No Result
    View All Result

      Register to download the Equinix report - Dojo Delivers Fast, Reliable and Secure Card Payments to Businesses on Platform Equinix