Just starting my web hosting company and I've got a reseller account. But what I need next is a way to except credit cards. I'm looking for one that I wouldn't need to pay monthly but just charged by interest on each transaction.
Both 2checkout and RevEcom / Paysystems offer 3rd-party credit card processing accounts with no monthly fee - just a startup fee and a percentage of each transaction.
I finally chose to go with Paysystems because when I decide to get a merchant account, if I like their services, I can seamlessly switch from an IBA to an IMA account. They have, right off the front page of their site, a tool which allows clients to check on the status of a transaction processed with Paysystems. They also have a well-publicised support number, which I admit made a difference to me. You can use their software for tracking clients, or use your own software (I use Perlbill), so that's a nice thing to have.
The all-popup site navigation kind of makes my teeth itch; and just as 2checkout is currently experiencing growing pains, Paysystems is not perfect: some other WHT members recently had a problem with recurring chargebacks (which was eventually resolved).
I also accept PayPal - if you have a business account with them, you can accept credit card payments. That option, though, requires that your clients create an account with PayPal. Some clients may be put off by this. I (and many other hosts) have both a third party CC processor (or a merchant account) and also accept Paypal.
Looking into this myself. I'm looking at really small transactions, like $5/each. Seems like most services that charge a per transaction fee (som as high as a dollar) will be taking a much larger chunk of my transaction than I would want. Anyone charge just a %age?
Well, PayPal has low rates: 2.9% and .30 per transaction for business accounts. If the majority of your transactions are truly that small (US$5), you should consider PayPal.
Again, though, they aren't the easiest people to contact when you have a problem; and they do require that your clients create an account with them. For some people, having to create another account on another system, let alone having to hook in either a credit card or their chequing account as surety, can deter some people from using your service. So it appears that you get what you pay for.
I've been using paypal for well over a year now, and it has been working out just fine, but the disadvantage of having new orders have to create paypal accounts [if they don't already have one] is a hassle. I just signed on with paysystems as our new credit card processor, and their rates are cheaper as well.
I recommend paysystems, for a $49 set up fee, it's well worth it. You can order it and not pay the set up fee, just as a 'test'.
hmm.. yeah, paysystems looks very good. I've been looking into cc processing ... I currently use ccnow.com for my label but they don't handle services, only goods, so I can't use them for hosting fees.
paysystems looks really good. I think I'll sign up there soon.