posted on January 19, 2006 05:29:03 PM new
Hi, can anybody recommend credit processing company that can process my payments from my web site.
how about PayPal Website Payments Pro did anybody try that.
all this company I'm looking at they want minimum of $299.00 set up fee and another $80.00 in monthly fees .
Please advise.
Thank you.
Mike.
posted on January 19, 2006 07:34:27 PM new
I recommend checking out the NOVA Network. I use them for off-line sales, but I am pretty sure that they probably have a set up for on-line transactions.
We have found their customer service to be excellent (unlike our previous CC service) and if you are a Costco Executive Member the fees in every area are minimized.
posted on January 19, 2006 09:31:21 PM new
I've never had a successful paypal chargeback against my account. I did have one for fraud, but the person made good (I think his credit card got stolen and he just challenged everything) - I've had over 14,000 paypal transactions in the past two years as well...
I just started to use paypal for credit card processing, so far, so good. I currently pay about $50 a month with my merchant account, not to even talk about the unreal startup costs (I've been doing this for about 10 years now though, so things were different in 1996)
Just as a FYI, paypal chargebacks are not really related to this, because when you run a credit card, your customer won't even know that it is being run though paypal. Your chargeback rate will be no higher using paypal than company x. I've been on a free trial with paypal, I am in the process of moving completely over and hope to dump my other company soon.
posted on January 20, 2006 06:15:37 AM new
how can monthly fee be 80 dollars ??
are you renting a terminal??I dont mean a virtual terminal,I mean a physical one??
Try contacting this outfit,it serves many Yahoo shops -
www.emerchantdiscount.com
/ lets all stop whining !! /
[ edited by hwahwa on Jan 20, 2006 06:54 AM ]
posted on January 20, 2006 07:25:28 AM new
After paying everybody that is involve Bank fee is $25.00 Authorize.net was $20.00 and theirs was other fees involved for statement and each transaction individual fee NOT THE PERCENTAGE they take I figured will ad up easy to $80.00 or even more.
posted on January 20, 2006 07:33:23 AM new
There will always be a transaction fee for verifying the credit card-address,credit limit etc,the company which amasses a data base of such information is an independent company .
Paypal charges 35 cents per transaction.
There is also minimum discount fee if you dont give them enough business.
There is also annual fee.
/ lets all stop whining !! /
