Saturday, June 28, 2008

Electronic Currency

Electronic currency refers to money or scrip which is exchanged only electronically. This typically involved uses of computer networks, the internet and digital stored value systems. One of the ways of e-micropayment that used to make online payment is PayLoadz.

Payloadz has carving its own niche and providing means to market and sell downloadable products such as music, software, e-books and other files. While, Payloadz offers an easy and powerful e-commerce service. If you want to sells downloadable digital files, Payloadz is definitely worth considering.

Besides, Payloadz not only provides the means to sell the software, e-books, music, movies, digital art, manuals, articles and anything that resides in a digital file and can be downloaded, it also managed the transactions through eBay and provides the server space to store the files.

After uploading and configuring your products, Payloadz generates software code that you simply paste into your Web site and that adds a "Buy Now" button. Beyond the secure storage and transactions, Payloadz carries out file delivery and handles product key registrations. Overall, the Payloadz is the seamless path to selling digital goods on the Web.

With the accounts configured, you're ready to enter the products that you wish to sell. A product page asks for item name, ID number and selling price and allows you to write a "thank you" note that will appear in a customer's e-mail along with the download instructions.




The product detail screen accepts product information before uploading your files to PayLoadz' servers.


When customers browse your Web site and decide to buy something, they simply click the "Buy Now" button that adds item to their shopping cart. After that, when they finished shopping, they click the "check Out" button and are prompted for their PayPal account information. If they don't have PayPal account, they can still pay with a credit card.


After the sale, PayLoadz sends an e-mail to the customer that thanks them with your message and provides a link to download the product. The link serves a traditional pop-up box so customers can "seve" or "open" files. As the vendor, you will receive the e-mail that lets you know that someone purchased your product.

For security, Payloadz supports keys that require customers to validate and register their products. As you would expect, these keys can be tied specifically to transactions. PayLoadz also offers an option to reference "remote key scripts" that are running on remote server to create keys.

Furthermore, optional features let you list an item on a PayLoadz e-store or PayLoadz eBay store. Here, PayLoadz offers an online store of its own that provides subscribers with an additional marketing channel. You can also work through PayLoadz to list and sell products through eBay auctions. Beside that, the service supports Google Checkout to charge credit cards, process orders and send payments to your bank account.


An impression affliate sales systems allows other sites to refer customers to you and receive a commission for promoting your sales. With each sale, both you and the affiliate are alerts via e-mail. At the end of each week, PayLoadz calculates the sales for the period and makes a payment to the affiliate through PayPal.


PayLoadz offers the reports that summarize sales and affiliate commissions.


In addition, PayLoadz offers you 2 types of pricing: 1) a flat monthly fee that is based on the size of your files and, 2) a fee that's a percentage of your sales, typically is 15%. At press time, PayLoadz was offering the first month of service for free. You can visit this websites to view the pricing information.
For more information about the PayLoadz, click here to have a look.

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