Choosing the Right Online Payment Tool

The experts report that organizations that want software that supports several typical kinds of payments without a lot of complicated setup choose one of the following hosted online payment services (meaning the payment forms are reached through the vendor’s server).

* Paypal Standard (www.paypal.com). Inexpensive and relatively flexible. Requires someone with HTML skills to set up. Offers support for donations, recurring payments and a shopping cart. Can’t integrate seamlessly with an organization’s Web site, (i.e., visitors will know that they’re leaving a site to go to PayPal). One of the least expensive ways to take payments online, with a single charge of about 3 percent per transaction.