What Payment Processor Should I use for My IBK Business?
You might be looking at Internet Business Kits (IBK) and in a bit of a pickle over which payment option to pick. I understand because I went through this too. Your options are Paypal and Stripe. You must choose one or the other. You cannot use both.
You may not trust Paypal or you may have had Paypal problems in the past, but you have never heard of Stripe. Not to worry!
Being an honest and ethical IBK sponsor, I will give it to you straight. I do not endorse or recommend Paypal. Use Paypal at your own risk. Since they have been taken over by ebay, they have become increasingly strict. It is clear that they do not like us using their services for affiliate programs of any kind. If you get caught doing so, it can get ugly.
I recommend using Stripe. It is a free processor that is accepted in most countries. Stripe is very safe and the setup is simple.
In the IBK members area, Billee walks you through how to set up a Stripe account, how to link it to your bank account, and how to configure it with your sales page so you can begin taking payments immediately.
When you accept your first payment through Stripe, you must wait 7 days for it to transfer to your bank account. However, after that, payments will transfer automatically within 24 hours.
I love Stripe and have successfully accepted thousands of dollars in IBk commissions with no trouble at all with this particular payment processor.
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