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  #1  
Old
Newbie
 
Join Date: Jun 2004
Posts: 24

Third party processor needed ASAP


We need a third party processor for an online software shop.

We do 15 - 20k/month in transactions.

If anyone can help. please icq me at #212830962



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  #2  
Old
Junior Guru
 
Join Date: Feb 2004
Location: Scotland, UK
Posts: 178
Re: Third party processor needed ASAP

Quote:
Originally posted by nenadm
We need a third party processor for an online software shop.

We do 15 - 20k/month in transactions.

If anyone can help. please icq me at #212830962
With that volume of sales surely it would be more cost effective to get a 'real' merchant account with a bank.

  #3  
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Join Date: Jun 2004
Posts: 24
I agree, but i have no expirience in setting up a merchant account, i am open to suggestions though.

We offer 14 products for sale, 95% of all orders come from USA and Canada.

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  #4  
Old
Junior Guru Wannabe
 
Join Date: May 2004
Posts: 36
If YOU are in the US, you should try someone like cdgcommerce who posts here regularly and seems to provide amazing service. If you are NOT in the US, I'd probably start by asking your bank to see if they provide a merchant account - if you're doing that kind of business then their small business advisor should be quite willing to chat with you for a while.

Best known third party is probably paypal (but understand limitations before using) or 2checkout.com. Search for 2checkout in the forum and you'll also get a list of competitors. But 2co is 5% plus $49 setup plus additional fees for international withdrawals, so check into fees before you sign up!

Best Wishes,
Peter

  #5  
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Newbie
 
Join Date: Jun 2004
Posts: 24
Still looking for a good merchant account, please post suggestions.

  #6  
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Newbie
 
Join Date: Jun 2004
Posts: 10
There are a lot you can choose, something like linkpoint,cardcommerce, trustcommerce....

  #7  
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The E-Commerce Answer Guy
 
Join Date: Aug 2003
Location: Chesapeake, VA
Posts: 3,375
Based on what you have mentioned above, a direct merchant account with a U.S. merchant processor *seems* like it would be the most cost effective option.

Are there any issues that have been raised by processors that you have spoken with which you feel might preclude you from being approved? (i.e. credit, type of business/products, etc.)

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  #8  
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Texan at Heart
 
Join Date: Jul 2003
Location: Castle Pines, CO
Posts: 7,189
I agree. But I did not catch what country nenadm was located in?

  #9  
Old
WHT Addict
 
Join Date: Jun 2004
Posts: 112
I would highly recommend Corey Bryant and the team at Merchant Accounts 4 Less (http://www.merchantaccounts4less.com). We used them to open our merchant account and we have been extremely happy. They also offer WHT members a discount!

  #10  
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Junior Guru Wannabe
 
Join Date: Apr 2004
Posts: 99
2checkout.com and paysystems.com ain't too bad.

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  #11  
Old
Disabled
 
Join Date: Jan 2004
Posts: 257
Paysystems are not accepting new signups so thats a no-no.

World pay have a high decline rate.

Try and ask tyler@volpay.com he has a few good solutions.

or

www.chronopay.com
www.ecs-world.com

2cehckout is okay but doesnt really give a proffesial company image.

Hope this helps.

Gavin

  #12  
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Join Date: Jun 2004
Posts: 24
Company i work for is located in British Virgin Islands.

  #13  
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Join Date: Jun 2004
Posts: 24
We are still using Paysystems to process orders, but would like to switch because of their high rates.

Our chargeback rate is only 0.30% so perhaps the best way to go is our own merchant account ?

  #14  
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Disabled
 
Join Date: Jan 2004
Posts: 257
Paysystems rates are not high for a offshore account.

  #15  
Old
Texan at Heart
 
Join Date: Jul 2003
Location: Castle Pines, CO
Posts: 7,189
Quote:
Originally posted by nenadm
We are still using Paysystems to process orders, but would like to switch because of their high rates.

Our chargeback rate is only 0.30% so perhaps the best way to go is our own merchant account ?
It depends - Paysystems might be able to offer you a merchant account as well. Most thirf party processors are going to be a bit higher due to the risks involved

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