We`re a very small company, bootstrapping with zero capitalization. We sell enough product to matter in our personal lives, making us for the moment a boutique business. We have a planned growth path, but also some unusual requirements in how to accomplish some of that growth, so we`re taking it slow.
Right now, using PrestoSell, we`re paying $10/month for an order form
that is not a shopping cart---only an order form. It includes a live
link to PayPal, if customers want to pay the invoice they receive. We
currently take ONLY PayPal, no checks, no money-orders, and no credit
According to PrestoSell, we could add in a merchant account that they
work with, for an additional $20/month. It`d be $10 for the gateway,
then $10 for the services. Plus there`d be the 2.1% per transaction if
we wanted to expand and take credit cards.
That`s what...a 300% increase in our monthly costs (I use Midwest math,
so my numbers may be wrong). At any rate, we would have an extra
$20/month ongoing, so would it be worth it?
NuEvolution (I think?) once mentioned a 40% increase in sales by taking
credit cards, and not limiting customers only to PayPal. And we`ve had
numerous discussions about the perception of PayPal. What are your
I know some people started right up with a shopping cart. That`s not
our situation. I also know some folks also use only PayPal, then
transition into a PayPal shopping cart. Our particular needs don`t lend
themselves well to that path. How much have you specifically increased
your orders, directly as a result of opening up to accepting credit