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View Full Version : merchant account (better in canada)


go77306
09-13-2002, 08:02 AM
please recommend one, thanks!

j_rumba
09-13-2002, 06:19 PM
check out Quicken...
http://www.quicken.ca/creditcard.php#rates

cheers, J

refcom
09-13-2002, 06:46 PM
Go to your bank and apply for a merchant account, works well in Canada. Tell them its going to be "MOTO" or Signatureless. They will know what you mean if you ask for a MOTO account, but if you ask for an Internet Merchant account they might just kick you out of the bank. (Canadian Banks are about 2 years behind the deal here when it comes to Internet stuff.)

go77306
09-13-2002, 07:14 PM
can I use services like paysystems from USA companies?

refcom
09-14-2002, 02:59 PM
You can use the services of anyone you wish. If you set up an account with your bank you won't pay any per-transaction processing fees like you will with most people on the internet. Your only fees will be a 2.5-4.5% "Discount Rate" that they keep for their fees. That's a lot cheaper than 5% + $0.35/transaction + $80/Month + ....

You get more control when you go directly through a bank, but on the other hand - a third party charges more but usually provides much better support and software. You do get extra for the extra money you are paying.

Kaumil
09-14-2002, 07:47 PM
We went to the banks and we asked for an Internet Merchant Account about 1-2 years ago. They were so confused, I must've been sitting there for 30 minutes trying to explain!!

http://www.soltrus.com does help a lot!