How do I accept payments on my website? Part 2

In my last post, I mused about finding a simple way to accept payments on a website. That is a nebulous statement, and it is as fuzzy as any nebulous cloud could be. Coincidentally one of my friends (not sure if this merchant is actually a friend. Let’s say that’s it) came up to run along on this experiment.

So last Saturday, I locked myself up to decide on what I really want to do. I came up with this chicken list:

  1. This is a fashion website. To sell some pieces of pretty rags to anyone willing to part with cash before seeing the merchandize (merchandize are things merchants sell)
  2. The website must be able to accept all payment cards irrespective of country of issue. If this is not possible, at least we must accept Nigerian plastics.
  3. No additional registration would be required upfront. Just select goods, fish out card, input details, and bingo, goods show up at the door.
  4. The whole shebang shouldn’t cost ten arms and 5 legs.
  5. Must be easy to set up (No Ph.D. in hair-pulling) and to support

Upfront, I have decided to use Magento. Magento is an open-source (read free!) shopping engine that can be easily deployed. Well, that is what another friend who’s used it said. In this business, it is important to ask around sometimes. You can learn shiploads against trial by error.

Magento can be easily hosted, or I can use Magento Go, a simple hosted solution that I can pay per month. I haven’t decided on which to use. While Magento Go is tempting about the ease of deployment, what I need to confirm is if I would be able to muck around the codes for the integration I want to do.

That is another thought for next weekend.

Author: Adedeji Olowe

Adédèjì is the founder of Lendsqr, the loan infrastructure fintech powering lenders at scale. Before this, he led Trium Limited, the corporate VC of the Coronation Group, which invested in Woven Finance, Sparkle Bank, Clane, and L1ght, amongst others. He has almost two decades of banking experience, including stints as the Divisional Head of Electronic Banking at Fidelity Bank Plc. He drove the turnaround of the bank’s digital business. He was previously responsible for United Bank for Africa Group’s payment card business across 19 countries. Alongside other industry veterans, he founded Open Banking Nigeria, the nonprofit driving the development and adoption of a common API standard for the Nigerian financial industry. Beyond open APIs, Adédèjì works deeply within the fintech ecosystem; he’s the board chairman at Paystack. Adédèjì is a renowned fintech pundit and has been blogging on technology and payments at dejiolowe.com since 2001.

2 thoughts on “How do I accept payments on my website? Part 2”

  1. Hailings bruv,
    You can try http://www.webs.com, easy to set up with free basic plan allowing you to get a feel of different applications and platform is already integrated with some payment processors.
    Hope this will be helpful.
    Best Regards.

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