Ecommerce Checklist & Costs

You will need the following items in place to operate a safe and effective online store.

Domain Name
Web Site Hosting
Web Site Design
SSL Certificate
Shopping Cart Solution
Payment Gateway Provider
Merchant Account
Commercial Bank Account

Costs
Domain Name $ 20/year
Web Site Hosting $ 20/month
Web Site Design $ 1249+/ one time
SSL Certificate $ 65/year
Shopping Cart Solution $ 20+/month
Payment Gateway $ 10+/month
Merchant Account $ 10+/month
Commercial Bank Account $ 8+/month

Setup Fees, Discount Rates and Transaction Fees
Depending on the merchant account and the payment gateway provider there may be one-time setup fee for each account, a discount rate applied to each transaction, and a minimal per-transaction fee.

The one time setup fees range between $0 and $50

The discount rate is a percentage of each sale, usually between 2% and 3%.

The minimal per transaction fee is usually between .25 and .50 per sale.