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Which Payment Processor do you use?

View Poll Results: Which Payment Processor do you use?
Authorize.net 6 35.29%
2Checkout 2 11.76%
Paypal 3 17.65%
Worldpay 0 0%
PlanetPayment 0 0%
Paysystems 3 17.65%
CyberCash 0 0%
iBill 0 0%
Pay Flow Pro 1 5.88%
Other 2 11.76%
Voters: 17. You may not vote on this poll

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  #1  
Old 12-17-2003, 01:01 PM
joelmoss joelmoss is offline
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Which Payment Processor do you use?


We are looking into starting a payment service offerring full ecommerce services without the need for your own merchant account - similar to 2checkout - but I need to know which is the most popular Payment process out there. Feedback would be appreciated on what your ideal service would be.

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  #2  
Old 12-17-2003, 01:20 PM
cdgcommerce cdgcommerce is offline
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With respect to your question... AuthNet, CyberCash and Payflow Pro are all just payment gatways - NOT actually payment processors or merchant acquirers.

In other words, they are such point-of-sale services that -attach- to an existing merchant account setup with an acquiring bank.

The rest of the items on your list are actually third party processors and thus probably a better comparison for what you are trying to put together.

One suggestion for you - be very, very careful in the planning of this new service. There is a lot of risk involved in it and most banks will not approve that kind of an account. And the ones that do, will likely require reserves and strong financials.

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  #3  
Old 12-17-2003, 01:22 PM
Corey Bryant Corey Bryant is offline
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Are you looking for a third party or your own merchant account?

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  #4  
Old 12-17-2003, 01:31 PM
joelmoss joelmoss is offline
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Quote:
Originally posted by coreybryant
Are you looking for a third party or your own merchant account?
We are not looking for any. We are thinking of starting our own.

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  #5  
Old 12-17-2003, 01:36 PM
Corey Bryant Corey Bryant is offline
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I agree with CDGcommerce.

You have two companes - the gateway & the processor. And they cannot be owned by the same company due to anti-trust laws. There are a few ways around it & it is very tricky.

As far as maybe becoming a third party processor - that is getting to be more & more difficult these days with Visa/Mastercard.

That was why I as asking. The lst was a mixture mainly of gateways & third party processors.

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