11 June 2008

Online Business Case: Another Payment Services

A month ago I have write on some payment service provider and its benefit to online store. Now, I will write some business prospect as the payment provider itself. Five star payments is one example of the payment service provider. As payment provider they accept Visa and MasterCard as main payment card.

Payment service generate income from every client that they have, payment provider could charge fixed fee to their client or online business store, or charge by the amount of payment that accepted by the online store through their service. This two kind of business model, conducted by payment provider seems to be a prospect business, as long as your service is easy to use and reliable at all time and condition.

So, why you don’t start your own payment provider services. The only thing you should prepare is cheap human resources and also reliable technology.

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