Web Hosting Talk : Web Hosting Main Forums : Running a Web Hosting Business : billing solutions

[khaled_helmy]

hello guyz
i know its a really stupid question, but i'm really totally confused about how is the billing system runs. i heard about strange systems like 3rd party and merchant account and alot of things about this but never got a clue about them and i hope that anybody could help me her.
and also hope that anybody can tell me how is the whole matter goes on, from A-Z :
thanksss alot buddies

[sswebhost]

Hi Khaled:

Merchant account lets you accept online payments:

the easy and most straight forward merchant account to use is :
2checkout.com :
They do charge a setup fee of $49 and no monthly fees.

when you have an account with them, then whenever you want to sell something, you send the customer to 2checkout website to pay, then 2checkout takes care of the payment
and that's it really.

[khaled_helmy]

okk .. about the type of the credit cards like visa.... does it depends on me, i mean should i open a bank account and choose which cards does i accept, or 2checkout.com take care of everything, and another question after the payment had been processed how 2CO transfer the money to me??

[Amdac]

Originally posted by sswebhost
the easy and most straight forward merchant account to use is :
2checkout.com :

2checkout.com do not offer merchant accounts, they have nothing more than a credit card gateway. If you're looking for an actual merchant account which is your best choice, some of the big ones are authorize.net (US) and psigate.com (US & Canada).

For a simple payment gateway, 2checkout.com and paysystems.com seem to be the big ones here. Both have a quite a few negative reviews so I'd recommend a little research on them ahead of time.

[Ramprage]

Your own merchant account = Your companies name on credit card bills, greater flexibility and control of billing cycles, less processing fees

3rd Party Merchant account = Their company name on clients cards, pain to change recurring amounts and track paid invoices, higher processing fees and chargeback fees

[Bashar]

2checkout process payment for you to deduct money from ur customers and then send you the money

you can use ready made softwares like modernbill or any others for billing which can integrate with 2checkout and make things automated

[sbalmos]

TrustCommerce!!!

Those guys have a quite advanced system for payment processing. They help you through the whole process of getting a merchant account and everything. And their payment gateway API is completely open-source (a version for nearly every language under the sun).

I've found them to be a joy to work with so far. I don't have a full-blown account with them yet. But if you contact them, they'll set you up with a free developer access account, which lets you do everything with their payment gateway save for actually charging/crediting/whatever the cards.

--Scott

[shaokhee]

Originally posted by sswebhost
Hi Khaled:

Merchant account lets you accept online payments:

the easy and most straight forward merchant account to use is :
2checkout.com :
They do charge a setup fee of $49 and no monthly fees.

when you have an account with them, then whenever you want to sell something, you send the customer to 2checkout website to pay, then 2checkout takes care of the payment
and that's it really.

Hi,
Since customer will send to 2checkout, then how to verify the payment transaction to avoid chargeback? Thanks.

[Bashar]

2checkout as 3rd party processor they do their fraud checking and alert u

u can also cancel orders and refund customers if u suspect its fraud

[shaokhee]

Ok, thanks.
So we just need to do the second level fraud checking.

Is that the same for PayPal?

[khaled_helmy]

mmm.... i dun know what to say, u'r just an amazin helpful people
ok i think now my choice gonna be 2CO as a begining for me.
but about the Paypal systems does it need a unique system or also 2CO support it ?

[Bashar]

me no paypal