It is a big mystery to a lot of people how money exchanges hands on the Internet.
Basically you need a “Merchant Account” which is a service which allows you to accept credit cards. The merchant account is connected to a page on your web site which is an “order page” where your customer can pay you by credit card.
You need this service because that is how money exchanges hands on the Internet, via credit and debit cards. You need you own merchant account to process the cards, or your company needs to provide one where they handle the transactions for you.
The advantage of having your own merchant account, if you are working with a company which allows you to have it (some don’t) is that you are handling the money.
That means that you are getting paid first, and then you give the company their portion.
If you must use the company-provided merchant account, then you will be in the position of having to wait for your money. So the issue will be how often they pay. Do they pay every week, month, quarter? And what is their accounting period? For example, do they pay for sales made in the previous week, or is there a delay? Some companies hold the money for several weeks or months for it to “clear” before paying their consultants. “Clear” generally means that the company’s return policy has expired, and customers cannot get a refund.
Also, what system does the company have to get the money to you? Do they send a check? Direct deposit? PayPal?
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There are so many different ways which you can be paid. Many Internet business owners get discouraged because of the long delay in receiving their funds. So ask the question and make sure you are comfortable with the answer.










