coolguy23
05-22-2001, 05:42 PM
has no fees whatsoever but only they deduct a % of the transaction, i know instabill.com but don't you think 10% is alot?
thanks for any help
thanks for any help
![]() | View Full Version : what billing service... coolguy23 05-22-2001, 05:42 PM has no fees whatsoever but only they deduct a % of the transaction, i know instabill.com but don't you think 10% is alot? thanks for any help Annette 05-22-2001, 06:24 PM There are a number that do this, and all will charge a higher percentage thatn a regular merchant account. What you're paying for, at least partially, are their costs associated with maintaining transaction services *and* whatever protection they might need as far as insurance and such due to fraudulent transactions that might pass through their network (think in terms of chargebacks, etc.). The fees these services may vary, but you'd be hard pressed to find one that matches the better merchant account providers out there. I seem to recall one charging somewhat lower than 5%, but can't remember the name of it offhand. ksstudio 05-22-2001, 07:09 PM Revecom - 3.95% + $1 + $49 one time setup fee. Go for a search, I am sure Revecom and Instabill are among the best price. Others will be lower if you have a merchant account: $195 -$295 to setup + $0.25 per transactipn + monthly gateway fee :) Mark Vockler 05-23-2001, 02:23 AM You might find the following link helpful: http://ecommerce.about.com/smallbusiness/ecommerce/cs/paymentprocessing/index.htm Most of them require you to have your own merchant account, and some (like Instabill) don't, but they're all mixed in that list. Ibill, Globill, and Digibuy are a few more that don't require any fees whatsoever other than the per-transaction discount rates. Revecom is pretty cost-effective if you don't mind the $49 one-time setup. They don't charge monthly fees and have a good fraud protection system in place. Mark Vockler Aletia Hosting thomas830 05-23-2001, 04:16 AM iBill (http://www.ibill.com) offers that, 15% per transaction and 10% reserve for 6 months Thomas coolguy23 05-23-2001, 11:49 AM what do you guys think of ccbill.com ? is it 2.95 per transaction? i think that's good don't you? thanks for the suggestions above chaos 05-23-2001, 12:03 PM $2.95????? Not if you want to keep your web hosting at a good price. What if you were offering a 10MB plan at say $5... Because of the billing that's 160% of what you were originally going to charge.. Instabill would probably be your best bet! ksstudio 05-23-2001, 12:48 PM If your service selling price is less than $17, go with Instabill or other company charge you for only 10% per transaction. If it is more than $17, Revecom is more cost effective. Why? How? See below: Product selling for $15: Instabill: $15 - 10% = $13.50 Revecom: ($15 - 3.95%) - $1 = $13.40 Product selling for $20: Instabill: $20 - 10% = $18.00 Revecom: ($20 - 3.95%) - $1 = $18.21 :) coolguy23 05-23-2001, 09:47 PM i thought instabill keeps 20% 10% transaction and 10% charge-back funds.... Ericd 05-23-2001, 10:07 PM you get the 10% charge-back after 6 months. Cheers! coolguy23 05-24-2001, 12:09 AM cool! thanks alot guys :) now what domain service should i use.... ksstudio 05-24-2001, 01:41 AM Originally posted by coolguy23 cool! thanks alot guys :) now what domain service should i use.... What do you mean by this? If you want to register a domain, you can register from us (any host from WHT and a long list of ICANN accredited registra) If you want to resell domain, you can go with OpenSRS or GoDaddy or other ICANN accredited registra who offer reseller / partner program. Feel free ask if you need any info. :) |