There are numerous ways to monetize a blog. You can put ads on it, promote affiliate offers, sell your own items or accept donations from your readers. If you want to take donations or sell products, you will need to set up a payment processing solution that will allow you to receive payments on your blog. This is actually quite easy to do. You will need to sign up with a payment processor like this that allows you to accept credit card payments online. You will then need to set up payment buttons for different items that you’re selling and put them on your blog. After the customer pays, the funds will appear in your online payment account, where they can be withdrawn directly into your bank account, or in some cases sent to you as a check.
Online payment processors charge fees for each transaction. This can be a fixed fee for each purchase, a percentage of the transaction amount or both. There are dozens of online payment solutions available for those who want to make money from their blog. Some of the most popular ones at the moment include Google Checkout, which charges 2.9% of the purchase amount + $0.30 per transaction and Amazon Payments, with fees of 2.9% + $0.30 per transaction for purchases over $10 and 5.0% + $0.05 per transaction for purchases under $10.
Both of these services are owned by some of the biggest players in the online world, Google and Amazon respectively. They are known to provide an easy to use service which is used by many types of online sellers. Of course, there are other online payment services that you can use as well. You just have to compare the services of various companies and choose the one that will be the best for your needs.
Guest Post by Michele Gill with MommyBloggerDirectory.com