Here are seven good reasons why you should consider ClickBank.com as your credit card processing solution and merchant account alternative.
1. Accept Credit Cards Without a Merchant Account
If your products are digital (such as electronic books or software), you can use ClickBank to process credit cards and on-line cheques. The cost is $49.95 upon signup and $1.00 per transaction plus 7.5% of sales.
2. Start Your Own Affiliate Program
With ClickBank, you have your own built-in affiliate program. You decide what commission (from 1% to 75%) you would like to pay your affiliates.
3. Receive Free Advertising
You receive additional exposure through free listing on the ClickBank website and through the search and advertising facilities of other websites, such as CBPortals.com.
4. Obtain Referral Commissions
Even without applying for ClickBank credit card processing, you can earn referral commissions on thousands of ClickBank Marketplace products.
5. Eliminate Sales Tax Problems
Since you must agree to sell your product to ClickBank for resale, ClickBank becomes the retailer responsible for collecting sales taxes — not you. ClickBank will not be subject to sales taxes in most jurisdictions. ClickBank is registered for European Union (EU) purposes and adds the appropriate Value Added Tax (VAT) to each applicable transaction.
6. Accept PayPal
ClickBank now accepts PayPal as a payment method. According to PayPal.com, PayPal has “more than 86.6 million accounts in 56 countries and regions …growing by 83,000 a day.”
7. Automated Product Delivery
After purchasing your product through ClickBank, the customer is redirected to a “thank you” page. This page may contain information about how the customer can download your product, thus automating your product delivery.