Anyone using http://global.ginix.com
They have cheap service fee

Ginix Billing Service
Set Up Fee None
Monthly Fee None
Transaction fee 38¢
Service Fee 9%
Monthly Minimum Fee None
Activation 24 hours
Billing Name ginix-billing.com or ginix-charge.com
Country Restriction None
Payout Once a month
Charge occurs: 1st-end of month
Payment issue: end of the next month.
Receiving Fund Direct Deposit ($5) to your US checking account or wire transfer ($29) to any bank account in the world.
Charge Back $29 for each dispute or charge back
Maximum Product Price $500
Monthly Sales Volume Limit None
Card Accepted Visa, Master, Amex

9% :eek: thats a lot!!

ye! I would do a search on this forum. You'd get better rates, ie. there's revecom, clickbank and...

9% is too much.

even IBill.COM has a 10% charge, but no transaction fees.
(1% more, 38cents less per transaction).


I may be wrong thoough.
:D

Originally posted by RunOfTheMill
even IBill.COM has a 10% charge, but no transaction fees.
(1% more, 38cents less per transaction).


Who uses iBill?:eek:

i think if u live in the US, thats too much.. but for other countries this is less

Jeffrey, if you are not in the US, you may want to check out revecom, 2checkout and verza. Their charges are only about half of what you have found there.

Don't forget RevEcom charges $1/transaction.

They make around 8 cents, and 6.5%/transaction.

or you may want to try sfcommerce.com , you can get a US merchant account even if you are not in the US. It's only 299 setup fee to get you the merchant acocunt.

Originally posted by RunOfTheMill
even IBill.COM has a 10% charge, but no transaction fees.
(1% more, 38cents less per transaction).


I may be wrong thoough.
:D

i use ibill.com but it is 15% and not 10%. also there is 10% reserve for six months. :stickout

Originally posted by Ericwenlong
or you may want to try sfcommerce.com , you can get a US merchant account even if you are not in the US. It's only 299 setup fee to get you the merchant acocunt.

Wished support was good though, I've emailed them a few questions and haven't heard from them at all.

http://sfcommerce.com/ they contacted me, the fee is okay but the setup fee is too much! $299

Revecom has a setup fee.. and i found out in this forum that my country is not accepted even they place it to the faq page.

ibill.com is 15%

versa or verotel is 19% - 12%


I found kagi.com has a good rate, specially for large amount of transactions

If you are looking for a US merchant account without a US company presence, the $299 fee is an extremely cheap fee for a merchant account in US.

Originally posted by Ericwenlong
If you are looking for a US merchant account without a US company presence, the $299 fee is an extremely cheap fee for a merchant account in US.

but why should i pay $299 when others are offering no setup fee

because the *others aren't for merchant accounts
they just do the billing for you [in their name]

Right, the others are known as 3rd party processors, quite different from companies like sfcommerce which offer actual merchant accounts.

You'll have to decide which will suit your needs better.

I C .. now i learn today .. thanks :) let me review again sfcommerce.com

Jeffrey, if you take some time and look at the costs and hassles to get a US merchant account, you will know how good the deal is. Moreover, if you are dealing in quite a number of $$$$ , then the merchant account is for you. You will be able to save back the setup fee from the saving in the discount rate and per transaction fee, as compared to other 3rd party processors.

Originally posted by jeffrylee
but why should i pay $299 when others are offering no setup fee
Originally posted by lovelie
because the *others aren't for merchant accounts
they just do the billing for you [in their name]
Originally posted by Jonathan K.
Right, the others are known as 3rd party processors, quite different from companies like sfcommerce which offer actual merchant accounts.

This is not true. I too just got my own merchant account through http://www.electronictransfer.com and there was no setup fee, also http://www.charge.com has no set up fees either. These both set up full merchant accounts in which you accept payments under your own name.

Originally posted by ljprevo




This is not true. I too just got my own merchant account through http://www.electronictransfer.com and there was no setup fee, also http://www.charge.com has no set up fees either. These both set up full merchant accounts in which you accept payments under your own name.

How is it not true? :)
The other companies mentioned are indeed all known as 3rd party processors. lovelie's and my post did not mention about there always being a setup fee. The companies you stated offer full merchant accounts too. There is a difference between companies like charge.com and sfcommerce from others like revecom, instabill and ibill.

Originally posted by Jonathan K.


How is it not true? :)
The other companies mentioned are indeed all known as 3rd party processors. lovelie's and my post did not mention about there always being a setup fee. The companies you stated offer full merchant accounts too. There is a difference between companies like charge.com and sfcommerce from others like revecom, instabill and ibill.

Ok, I went back and ready they thread again, I'm sorry :confused:

Originally posted by jeffrylee
versa or verotel is 19% - 12%



I was told by Versa and Verotel: "** PLEASE NOTE! - Verotel processing is only available for the sale of CONTENT (access to a protected area of your website).Verotel processing is not available for the sale of SERVICES (such as advertising/search engine submission, marketing programs, anything sent by e-mail, design, web hosting, etc...). "

BAH!

another bites the dust as for possibilities for credit card processing....

Hi,

I'm from Canada and I must agree that 299 is a very good price to get a US merchant account. Not so long ago I was considering getting a US incorporation and mailing address just to be able to open a US merchant account. Of course the very expensive costs made me open an account with instabill.com, but now that they are CLOSING (I got an email telling me to find another CC company this morning!), I am considering surefire..


Thanks,

Cédric

Originally posted by ljprevo




This is not true. I too just got my own merchant account through http://www.electronictransfer.com and there was no setup fee, also http://www.charge.com has no set up fees either. These both set up full merchant accounts in which you accept payments under your own name.

But how much you pay for charge.com monthly?

Originally posted by sergio


But how much you pay for charge.com monthly?

I don't use charge.com I use electronictransfer.com

I was set up within one week, they were fast.

Very nice people to deal with.

$29.95 per month terminal lease fee.

$10 gateway fee.

this thread has popped quite a few of my bubbles.. :
after the instabill die off i'm looking for a new processor with no setup/yearly/monthly fee.
[ie: per transaction only]

so far it's a choice between:
ibill -15%
propay - 3.5% + .35

if i can use my husband's checking account for propay.. i'll go with that.
otherwise, i suppose i have to go with ibill.

now.. what's wrong with ibill?
[i'm assuming something is :eek4:]

& if you can think of any other options.. :)

Hi,

I think you should ask what's wrong with propay :)

This is unconfirmed, but I heard the way they're doing things is illegal. Anybody using them? I'd like to know how it is, as I am in the same situation as a lot of people now that instabill is closing.


Thank you,

Cedric

http://www.electronictransfer.com


Do they accept non-us request for merchant accounts ?

lovelie , what's wrong with small setup fee like revecom or 2checkout has and an acceptable disocunt rate rather than having no setup fee and huge discount rate ?
If you are not using it for a considerable large amount, or just one large order per year and not going to do anymore business after that, then ibill may be the choice for you.

perhaps i'll switch to revecom when i break even and/or start getting more signups, but i'm a [poor&lowly] college student, and in australian dollars the setup fee is around $100.

after looking further into ProPay's system I'm reconsidering using them, i don't really like the transaction procedure. payment request emails? what a hassle.

perhaps when they have web sign up rather than doing everything through email; though that will cost extra.

but i guess now i'll be going with ibill : <-- mouthless smile
*curses instabill*

Originally posted by fox
<< mod edit.. -kunal >>


Obvously you are an affiliate of ProPay.

And since you try to make money from anyone who signs up by using your affiliate link, your opinion can not be taken seriously.

This is not the right place for affiliate links.

not to mention that fact that it's against the rules. :rolleyes:
by the by.. i did sign up for propay. but not through your link. :stickout

Originally posted by Ericwenlong
http://www.electronictransfer.com


Do they accept non-us request for merchant accounts ?

They don't.
The banks will only approve your application if you have a U.S. based business. Please do not apply if you are not a U.S business. Your application will be discarded. Apply to the link below if you do have a foreign business.

Your business must be located in the US and you must have a physical street address. If you have a Non-U.S. based business please check out our international program here:E-Transfer (http://e-transfer.com/new/foreign.html)

Originally posted by Jonathan K.


They don't.
The banks will only approve your application if you have a U.S. based business. Please do not apply if you are not a U.S business. Your application will be discarded. Apply to the link below if you do have a foreign business.

Your business must be located in the US and you must have a physical street address. If you have a Non-U.S. based business please check out our international program here:E-Transfer (http://e-transfer.com/new/foreign.html)

On their main page at the bottom it says:

We Approve The Following businesses:

<SNIP>
Merchants From Puerto Rico
Merchants From US Virgin Islands
Merchants From American Somoa and Guam
All US Minor and Outlying Islands

All these places are US territories though. Wonder if that makes a difference.

Originally posted by smash
Hi,

I think you should ask what's wrong with propay :)

This is unconfirmed, but I heard the way they're doing things is illegal.
a bit late, but before i signed up i emailed them asking how their users could enter other peoples' credit card information when they don't have a merchant account/the merchant account isn't theirs, and this is the answer i got:

The ProPay system is legal. If you sign up for a ProPay account you are the merchant of record and you are processing credit cards on your merchant account.
Darrel Welling

which is why, i guess, it's your email address that comes up on their statement, rather than propay.

lovelie, how did you manage to sign-up with propay...

this is what I read on their website.
NOTE: ProPay only accepts applications from U.S. residents who are 18 years old or older. You must have a valid Social Security number. Please keep your password confidential. Please note that ProPay will never ask you for your password, even if you require customer service.

I am a US resident.
I'm Australian-born though and still tend to think in terms of Australian dollars. I also need to update my profile. :D

I wanted to sign up with ProPay and they are down. 2nd time in as many days.

I tried signing up with them - and their system tried to pull up my SSN and it failed.... I got married in '99 - so my name should be changed from my maiden name to my married name (I changed it with Social Security). But I think its still seeing my Maiden name instead. I think I tried using them over a year ago - and it did the same thing - and I lost the form they sent me.

So I have to fill out an Account Exception Form....

Here's my error:

"ProPay was unable to open an account for you! You may have mistyped your Social Security Number, Date of Birth, or other piece of information, which made ProPay unable to identify you. You may be able to open your ProPay account by contacting Customer Service and requesting an Account Exception Form."

If you're going to use a 3rd party billing service, why not go with paypal? They give you a 2.9% fee which is lower than most 3rd party services. They also do recurring billing. Their service also has a shopping cart that works with it (actually, two. There's a 3rd party shop cart made specifically for paypal at emartcart.com). It's true, your customers will have to sign up for a paypal account to do this, but they only have to do that once, and it's free for them. I do alot of business on ebay and will tell you that I hardly ever have a problem getting someone to use paypal (even those folks who don't like using a credit card online in the first place). All I have to do is mention the insurance that they offer to both the buyer and the seller. Also, mentioning that they have over 9 million members doesn't seem to hurt much either. And for those who already have an acccount at paypal, they are even that much more comfortable knowing that you are using a service that they are familiar with. Anyway, just thought I'd give my two cents.

Beau

we do accept paypal as an alternative.. but i also want something that isn't going to scare customers away because they have to sign up. & it does scare them away...
other than that.. paypal is great. especially the new recurring billing.

Have anybody tried ginix.com ? If yes how is it?

Hi all!

jeffrylee, did you really used ginix.com to process your credit cards? If yes, had you troubles with them?

We are having big troubles... and with our very first payout request.

I'll appreciate if you can cooperate with us.

Thanks in advance.
Kind regards.

I wish I could find the article now, but apparently, Visa and M/C have quite a large lawsuit against Ginix for fraud and chargebacks.

If I can find the link again, I will be sure to post. But certainly something to consider when having people handle your money!

Thank you.

I'l appreciate if you can find and post the.

We made a big search over 6 months and we can't found anything bad on Ginix.com.

We found suspicious the too many sites they have with diferent domains and diferent languages. As far as I can remember they even have www.yahoo.com/user/ or something like that. But we toll them and everything run clean till the first time we ask "how to request a payout" since we already have +1000 USD and they never made any wire transfer.
To my question they reply that theis comercial partners forced them to close all over sea and "porno" kind sites (we are not a "porno business" and we never had one chargeback) and the monies are blocked at the finantial institutions.

They told me to wait till next week in order to receive more information.

I'll respect so I'll wait.

Any further information I'll be in touch. At least I can contribute to others safety.

Kind regards and thanks in advance for all contributions.

paypal!!!!!

This is not the article, however, I did find this on multi-level marketing scam site. I don't remember how I happened upon it, I think I was forwarded to it somehow - but anyways, here it is:

8/4/03 NEWS : MatrixSale.com is now closing its doors. The reason to this was because of the lawsuit filed against our merchant account Ginix as many have suspected. There was an update due for July 25th which could not be met. We were forced to file bankruptcy and are returning office equipment and money to the state. The people whom purchased May - the closing of the company should call 1.408-942.7140 and ask for a refund. The people whom purchased March - April were filed on the bankruptcy paper and the state should either refund 50 - 100 % of your original purchase. No e-mails will be answered so please do not bother to e-mail us. Thank you for your time.

Well done VanHost.

It seems it's not the first time their comercial partners "force" them to close "all" (all according to them) accounts.

In my opinion Ginix.com is choosing some customers to get some extra money. Nice business.

Well I'll wait till next week to see what hapen.

Thank you once more.

Kind regards.

Not a problem - just want to keep fellow WHTers aware of what they "may" be getting into!

Thanks.

Hi there.... i too am a victim of Ginix's bogus business ethics. They owe me approximately $1000.00 that was in my account and i have lost $100,000's in sales and revenues. Ginix is a FRAUDULANT company and it burns me up knowing that they are still online taking new clients to be their next victims!

It has been about one year now since they ' closed ' my account and i am still getting thier lame emails to inform me that thier accounts have been seized and that i will have to wait until they have been released before they can pay me.....GRRRRR!!!!

PLEASE, if anyone has info on lawsuits with these criminals, i am begging you to send info on how to get them dawgs to pay me!!!

I just discovered this forum and have a keen interest since Ginix/BofA owes me about $36K. For the life of me, I can't understand why people in my situation, who did absolutely nothing wrong, aside from just a very few chargebacks, should have to bear the burden of chargebacks and penalties supposedly incurred by Ginix and/or others. I haven't reviewed the TOS, but doubt that a court would uphold such a liability even if it were stated in the contract.

The alleged release of funds is a positive step, but we are woefully short of details. After all, its our money, and we are deliberately being kept in the dark. I'm sure the attorneys for Ginix and BofA are counseling total vagueness in communicating with merchants.

Please update me as to any activities regarding another forum or class action.

Niiiice... Opening/Bumping really old threads...

Originally posted by Get-Hosted.com
Don't forget RevEcom charges $1/transaction.

They make around 8 cents, and 6.5%/transaction. Revecom / myPaySystems has two options

$1 and 3.95% (what I use)
$0.35 and 5.5% (better for low charging o.)

Check it out http://www.mypaysystems.com/ - only takes 3-4 days to get your account setup if you have a fax machine too :)

Hoolyman & Potentmix

sorry to hear your losses incurred, so have you taken any legal actions? Anything at all...?? Maybe you should contact BBB or your local authority to seek help.

If you people were incurring such losses why didnt you shift? I know its not easy, Authorize.Net is pretty good and MypaySystems too. Wish you best of luck in recovering your money.

"Charge Back $29 for each dispute or charge back"

Rip off, big time. Anybody can make a dispute to your business, only 20 disputes, and your business is dead.

i think it might even be LESS than 20 and they can close your account and seize your monnies...... :angry:

Thats really insane! 29$ first of all for a single charge back is too much then on top of it to make it worse less than 20 and your account closed! talk about unfair rules and business ethics!