I have getting many clients now and i am trying to figure out how i can charge them every month. Most are not every technical and don't know how to use Paypal. I wonder if they is a way i can charge there card every month. 2checkout.com looks like it has what i want. Is there any that don't have a setup free.
I just read there FAQ and it says that i can not sell:
IRC Chat Hosting, Game Server Hosting, Shell Accounts
Are you interested in just a 2Checkout account or maybe something like a real merchant's account?
How do you pick? From what I've seen, it's common that at around $1k/month of processing, you'll benefit from a merchant's account with the associate monthly fees and monthly transaction minimums. If less, you'll benefit from something like 2Checkout.
There are some companies like CDG Commerce that will offer a solution inbetween those two and then let you move up to a full merchant's account. If you aren't at that level of $1k/month yet and feel it will be something you'll do in the future, then think about this ahead of time. It can be hard to switch over later on rather than now, even if it costs you a bit more till you reach that point.
Note: I wouldn't bother trying to compare setup fees, that's a comparison tool that shouldn't (IMO) hold much value because it's a one time fee, which usually isn't too bad.
Ankit Gupta - Cernax Hosting
"We're always second in the industry, the customer comes first."
If the merchant is in the United States - usually a merchant account is better. They get their money in a day without having to wait a week or to contact the payment service provider for their money.
$1,000 is a good way to look at it - a lot of agents just look at this as a good way to start to consider a merchant account only because of financial reasons. But another reason is what I pointed out - the time. You money is worth more today than it will be next week.
What you are selling - some companies deem high risk mainly because the customers are risky causing possibly fraudulent transactions. But your SIC will be 7372 (web Hosting / design) which is not considered high risk. You will want to scrub the transactions a bit more to hopefully prevent chargebacks.
Some electronic payment gateways (LinkPoint, Authorizenet.com, Verisign's Payflow) will do recurring billing for you each month. LinkPoint's recurring billing is free and Verisign and Authorizenet.com charges about $25.00 extra per month.
I guess i will go with 2checkout. The thing i don't like about them is the transaction fee. I don't have to worry about fraud because i only host local people and i know each one of them or at least where there are located at.