Affiliate Marketing - The Dummy's Guide To Making Online Payments and Actually Spending the $10,000 You Made Online!

Posted by shermanchoo 4 August, 2008

How To Make Payment Online.

When making payment online, you can use 1 of 3 modes. Debit/Credit card, Paypal or Virtual Visa.

Let's jump in.

1. If you have a Credit Card or Debit card (see your local bank), these are the most straight forward mode of payment for online transactions. If you don't have either, carry on reading.

2. If you're from the USA, things are much easier because you just need a Paypal account and simply T/T funds from any US bank into your paypal account. Then use your paypal as your internet business account. Before making payment, you just need to make sure of 2 things.

  • There are funds in your paypal account. (naturally :))
  • Check that the amount you're going to pay the merchant is the correct one.

In this case, you won't need a credit or debit card.

Click here to set up your PayPal account

3. If you cannot fund your paypal account via T/T because you're not from the USA and you don't have a credit card or debit card to fund your paypal account…

Then purchase a prepaid VIRTUAL VISA Card. It works exactly the same as Mastercard and Visa.

Click here to purchase your Virtual Visa Card

How To Spend The Money You Make Online On Gas, Mcdonalds, That New Mobile Phone, Cool Watch, Milk From a Shelf in Walmart.

Since this is an affiliate money magazine, i'm gonna have to assume that you're selling a company's product. After you've made money online, the merchant will send you the money in 3 ways, the 3rd way I don't recommend if you're new to the internet industry and your checks/commissions are not yet consistent.

1. Your commissions are credited into your paypal account. You'll be able to withdraw your commissions from your paypal account into your banking account (there is a "Withdraw Funds" tab in your PayPal account, just click on it and you'll know what to do instinctively). After 5 days, visit your local ATM and use your ATM card to withdraw this money. Spend that money at Walmart on that delicious bottle of low fat milk or the installment for your new car or home.

2. A check is mailed to your home. Cash in this check at your local bank. Visit your local ATM and use your ATM card to withdraw this money. Spend that money…you get the idea.

3. The 3rd way merchants pay out is by cash cards such as Payoneer, Global Cash Card. I don't prefer these payment styles for the simple reason that these modes of payment take money from you even when you don't make any withdrawals. So if you had $10,000 deposited into these accounts lying dormant, you'll find your balance dwindling each month simply for keeping funds in the account. I would only recommend you use cash cards to receive your commissions if your monthly commissions are a stable $500+ per month or more, then the withdrawal fee of about $5.00+ is neglible. But for those that have little commissions, you may find that whatever commission you have earned goes to funding your account. You won't be able to accumulate your commissions to a few $100 before withdrawing since the funds are constantly being nibbled away by the payment provider. Of course, this is my experience and feedback to you…you're free to use this payment style if you like :)

So there you have it, Affiliate Marketing - The Dummy's Guide To Making Online Payments and Actually Spending the $10,000 You Made Online! Hope this post clears up any cloud and mystery about how money from the internet appears magically in your hands :)

By The Way…

Whether or not you decide to make online purchases using Paypal, its still a good idea to setup a paypal account. After all its free. And you never know when you might need to use it to receive your $1,000s of commission dollars. Set it up here

That's the tips I have for today.. stay safe. Think I better dance now :)

Categories : Weekly Tips Tags : , , ,

Comments
August 8, 2008

hi,

iam bala Kumar your massage is catch but iam job busy my job is construction company accounts department but your sherman .com facility is confusion so request for business for your help

your friendly
M.B.Kumar

Posted by M.Bala Kumar
August 16, 2008

i hope on the day that i will be paid my first check into my bank account cos i only saw it and i hope of havin it in one of the days, completely from Africa - Nigeria. I ve no person to fund my tuition fees for the next session cos i just lost my father and i found it hard to drop out of the school system, pls help me to complete my education career. succour

Posted by Succour
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