We've just completed a fantastic new upgrade to our online store, which allows you to setup an ecommerce store and instantly accept credit cards without any additional monthly credit card processing fees. This is facilitated through Stripe, a refreshing new service that acts as the merchant account and payment gateway, all in one, which accepts payments from all the major credit cards with no additional hassle. You can create a new account instantly and have your store up and running in minutes.
Traditionally you would have to establish a relationship with a bank merchant service, and then setup a third party payment gateway at Authorize.net. Each of these costed hundreds of dollars in application and setup fees, and $35+ per month in service fees, statement fees, etc. This made setting up a store or accepting donations not cost effective unless you were doing large volumes of sales.
But now, with Stripe, setup is instant and free, and there are no monthly costs. The processing rate is a flat 2.9% + $0.30 per transaction, which happens to also be cheaper than most traditional bank merchant accounts. It's a win win for everyone.
Stripe also has web and mobile payment options for accepting credit cards as a mobile point of sale tool, and can power marketplaces to facilitate payment between buyers and sellers.
So if you want to sell your products, or accept donations for your non-profit, wait no longer. If you have a Gutensite Pro account, the store is already included for free, or you can add on the store to your existing site. Then create an account at Stripe, and copy/paste your secret key into your new store (we'll help) and that's it. Call or email us with any questions.
—Shoshana Frumkin
Owner/Founder