Is it possible to be your own merchant and process CC's yourself?
I know it sounds probably like a silly question. But how difficult would it be?
I know nothing about the proccess of credit card billing etc. I really can't decide what to do. I just don't trust paypal, and it makes it inconvient for my buyers if they have never used paypal before.
Also, does anyone know of any popular affordable merchant accounts?
It is actually a very straightforward process to obtain your own merchant account, as long as you are based in the U.S. Non-U.S. merchants don't have quite as many good options but there are still some options available.
As TradeViceroy says, there are a lot of posts here on the WHT forums about this so you may want to check them out.
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How much will you be processing? If under $1,000 a month, you might consider a third party processors (like Paysystems or 2CO).
If you are not in the US, consider Paysystems or Worldpay.
As CDG pointed out, non-US based merchant rates are usually a lot higher than US based. You can get a US merchant account if you have a US bank & address but your discount rate is going to be about 2% more than a regular US based business.
Selling computers and hardware so yes it would be more than $1000 a month in sales.
I just am confused with the whole merchant vs 3rd party. I notice that 3rd party has a lot of chargeback problems. I realize I wouldn't really have trouble with that since the items i'm selling are actually shippable. But I would love to see my options for a true merchant account. It would also be a huge bonus if the merchant account came with a shopping card and check out script
Whipsmack, if you're selling hard objects and not services, it may be best to visit your local bank.
You may be surprised at what your local bank can offer you, especially if they're a good bank and are rated in the World's Top 20. If I were you, I'd give them a try first and then if they turn out to be not so good, you can look at other solutions.