Introduction
Setting up an online business is by no means is rocket science. A proper framework exists for setting up an online business with minimal resources and low investment. Yet there are a lot of trainers and course creators who complicate the online money-making journey so that they can benefit from it. This becomes a massive problem for a beginner just entering the online business and wants to understand about the whole journey of online business. In this article, we will specifically discuss how to select the best digital product payment gateway for beginner.
Overview of digital product payment gateways
There are several payment gateways in India, and new payment gateways are coming up occasionally. Finding a payment gateway for your online business becomes a challenge if you are a beginner. Even if you have spent some time in the online business industry, you need to be aware of the pros and cons of every payment gateway. The first important factor while onboarding a payment gateway should be its simplicity. Why do you also need to look at the commission part? The simplicity of boarding predominates everything else. If you are a beginner, you want to connect a payment gateway to your online business so that you can get started right away. You need to select a simple payment gateway. There are several payment gateways today, like PayU, RazorPay, CashFree Payments, Instamojo, CCAvenue, Billdesk, etc. As we move on, let’s determine what is the easiest way to find the best digital product payment gateway for your business. If you are completely new to digital product selling and want all the information in one place to kickstart your online money-making journey, you watch a free video about Digital Product Selling Mastery 2.0 here.
Why Cosmofeed as a Digital Product Payment Gateway?
When I started my online money-making journey, my biggest challenge was finding a payment gateway that was easier to integrate and didn’t have any complicated documentation & processes. Once my digital product was ready, I contacted several payment gateways like Razor Pay You CC avenues, and almost everyone needed help being onboarded as a merchant. Most of these payment gateways consider you an established business and demand several documents from you. As someone who’s a beginner in the online business industry, you should be more knowledgeable about this documentation. Hence, all you need is a seamless payment gateway solution that enables you to get on board quickly.
Cosmofeed ticked all the boxes in terms of sheer simplicity, clear documentation, and a non-complicated process. I tried several payment gateways and finally landed on the Cosmofeed. The folks at Cosmofeed ensure you make your first money on their platform as soon as possible. As I move on, I shall inform you about several features that might suit you as a beginner and someone trying to find a simple and straightforward payment gateway solution.
Benefits of opting Cosmofeed as a Digital Product Payment Gateway
While Cosmofeed offers multiple functionalities for creators, let’s discuss the features relevant to selling digital products. Cosmofeed provides a very intuitive user interface through which even a beginner can create a payment page on the platform. By entering a few details and completing a few steps, anyone can make a payment page seamlessly. The other benefits of the Cosmofeed platform are listed below.
- Cosmofeed is a creator-friendly platform based in India. It encourages Indian creators to monetize their skills and upscale their businesses to profit.
- Cosmofeed may not be an exact payment gateway, but it can be called a payment solution that integrates with top payment gateways and simplifies creators’ payments.
- Creators are likely to perceive it as a payment gateway because they do not have to deal with the complications of opening a merchant account with a separate payment processor. Cosmofeed serves as a one-stop shop for managing content and finances.
User-friendly interface
Cosmofeed is a user-friendly interface that requires little technical understanding. You can concentrate on creating your most significant content rather than navigating a complex platform. When I started making a payment page in the Cosmo feed, I was able to do it without any guidance or documentation. It’s interesting how intuitive and user-friendly the whole platform is. Also, they want you to earn money from the platform as soon as possible, so they keep the user interface more straightforward.
As a creator selling digital products, your primary use case will be creating a payment page. If you create an effective payment page, it will be easier for you to convince your audience to purchase your digital product.
The payment page I created using Cosmofeed helped me sell my digital products at better profit margins. The platform provides a step-by-step process: You enter the required details, and your payment page is ready. Always ensure that you provide genuine details and comprehensive information so that your audience knows about your value proposition.
To get started, click on the payment page option. Provide details about your product and upload resources and links. You can even customize your payment page according to your preference.
Once you have entered the essential details, you can click on the publish changes button and use the payment page link to sell your digital product. If you need some guidance on how to create, package, and sell your digital product, I have made a course called “Digital Product Selling Mastery 2.0” to help you achieve this seamlessly.
Cosmofeed Customer Support
While Cosmofeed has built an intuitive payment solution, it also provides several customer support options. The self-servicing documentation is clear and contains articles, FAQs, or tutorials to address common user questions. You can also reach out to their customer support through the form on their website and a dedicated email address.
Cosmofeed Pricing
Cosmofeed has a free plan and charges a 10% flat commission on every digital product sold by you. You can opt for a minimal commission by paying them a monthly fee. You should start with the free plan and scale to a paid plan once you have made significant revenue from the platform.
Final thoughts
Cosmofeed is not a full-fledged digital product payment gateway, but a beginner in digital product selling will only worry about needing a complex platform, which will serve as a hurdle in their money-making journey. I have contacted almost every payment gateway for digital products and had to choose Cosmofeed for its simplicity and straightforward process. If you are new to selling digital products, you can have a look at my free video on digital product selling called Digital Product Selling Mastery 2.0. Happy Selling.
