Results 1 to 13 of 13
-
06-05-2006, 02:07 PM #1New Member
- Join Date
- Jun 2006
- Posts
- 4
I'm thinking about using 2Checkout..
I'm thinking about using 2Checkout.. Has anyone had experience with 2CO?
Fees are $0.45 per Sale, 5.5% of sale amount is this a good price for a small business that sells 35-50 products a week?
Thanks everyone
-
06-05-2006, 02:35 PM #2Web Hosting Master
- Join Date
- May 2001
- Location
- United States of Walmart
- Posts
- 687
depends
Originally Posted by Delsol2
Depends on what you are selling and where you are located. High for some needs, low for others. Provide a bit more information, and I'm sure everyone will assist.
-
06-05-2006, 03:19 PM #3Web Hosting Master
- Join Date
- Oct 2000
- Location
- Toronto
- Posts
- 1,110
I'm based out of Toronto.. And I don't really have anything negative to say about them. I've never had a time where they've not paid me on time or given me any hassle.
-
06-05-2006, 05:29 PM #4New Member
- Join Date
- Jun 2006
- Posts
- 4
My store sells a broad range of woman’s bath and body products. Presently we do not sell online and I just started researching, it is kind of overwhelming. I live in the Richmond, Va area... Do you think I could save more by using my bank as a merchant account? Any suggestions?
-
06-05-2006, 06:38 PM #5Newbie
- Join Date
- Apr 2006
- Location
- NY
- Posts
- 24
Using your bank for processing will not put you at an advantage because most banks outsource their credit card processing or charge much higher rates & fees compared to processors.
I suggest you visit your local branch and see what they have to offer. Then compare their numbers with a few other processors and see which has the lowest rates & fees and best customer service.Max Globin
Regional Sales Manager
Bank Associates Merchant Services
maxglobin@bankassociatesms.com - 917.945.0803 Direct - 866.510.BAMS Office - 212.208.2989 Fax
-
06-06-2006, 01:32 AM #6Junior Guru Wannabe
- Join Date
- Jun 2006
- Posts
- 77
We have good experience working with 2checkout. They respond fast, check credit card frauds, pay in time... The only drawback - they have no option to pay affiliates.
-
06-06-2006, 02:58 AM #7Web Hosting Master
- Join Date
- May 2006
- Posts
- 598
Also good experience here with 2CO. Support tickets are responded mostly within 24 hours time, they do an anti-fraud check so you don't have to worry about it & never experienced any serious problems so far.
-
06-06-2006, 10:22 AM #8Web Hosting Master
- Join Date
- May 2001
- Location
- United States of Walmart
- Posts
- 687
Originally Posted by Delsol2
As to using your bank for your merchant account business, that is certainly one option. As max mentioned, you will want to shop around to ascertain where you can get the best rates. There are a lot of options, and as you mentioned it can be overwhelming. One suggestion is to make sure you are conducting business in a secure, PCI-Compliant manner. We are hearing more and more of our customers being told by their banks (and MA providers) that they need to sign up with a Scan Vendor for $xx per month which doesn't really mean that they are conducting business safely. Good luck in your searching.
-
06-06-2006, 03:05 PM #9New Member
- Join Date
- Jun 2006
- Posts
- 4
Another thing is..I don’t intend to sell abroad just yet, but I will in the future. Any suggestions on other merchant account processing systems I should check into? Thanks
-
06-06-2006, 04:10 PM #10Web Hosting Master
- Join Date
- Oct 2003
- Posts
- 1,479
A real merchant account. CDGCommerce.com is popular on WHT.
2CO should be reserved for international sellers with no other options. Judging by the volume of consistent complaints for as long as this forum's existed, they prey on those with no other way to accept credit cards with high fees, missing money, and unexplained fund holds.
-
06-06-2006, 04:54 PM #11New Member
- Join Date
- Jun 2006
- Posts
- 4
Thanks everyone..Ok, assuming I sign up for a merchant with CDGCommererce.com, then I need a payment gateway right? or, is that included?
-
06-06-2006, 05:03 PM #12Web Hosting Master
- Join Date
- May 2001
- Location
- United States of Walmart
- Posts
- 687
You will need a payment gateway, SSL, and a shopping cart, yes. I would assume CDG resells authorize, but there are other gateways as well. Included, no. Available, yes.
-
06-06-2006, 06:42 PM #13Web Hosting Master
- Join Date
- Oct 2003
- Posts
- 1,479
CDGCommerce offers a choice of at least 2 or 3 gateways included with the accounts. One option is Authorizenet.
With SIM you could get away with nothing else, but for people to pay you by credit card on your own site, you do need a shopping cart and SSL cetificate as JKLIVIN said.