Too many payment methods?

How many is too many?

[hopeful1]

Hi,

With the advent of Google cart, will offering too many payment methods confuse the end user? Keep the check out process as simple as possible is surely a good thing so should I just offer one credit card payment processor or multiple? Has anyone any experiences of a switch in tactic either way? I suspect multiple processors simply spreads customers across different methods.

Cheers

[tootalldave]

I would think PayPal would be a good second option as they do have quite a few members that prefer easy checkout.

One day I'm sure soon Google Checkout will have a rather large membership and can also be a great alternative for Google shoppers that want an easy checkout.

All the other third parties such as CCNOW, Alertpay don't really have quite a large enough membership yet to offer them.

[Corey Bryant]

Some of the larger companies might have multiple gateways but you do want to keep it simple - especially during the check out process.

-Corey

[arquan]

I suggest having one main real time payment processor for the credit cards, then having the additional methods such as PayPal and Google Checkout. More payment options within reason is not a bad thing. It will also keep your expenses a bit lower and less headache reconciling your banking over having multiple main credit card processing gateways / Internet Merchant Accounts.