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General discussion

Payment Solutions Provider

Dec 31, 2008 2:01AM PST

Hi everyone,

I'm looking into opening an ecommerce website and I'm currently searching for a payment solutions provider to accept credit and debit cards online. I'm leaning towards PayPal but I noticed that (of those I have seen) all such services charge a small transaction fee ( about 3%) and 30 cence or so additionally per transaction. Due to the nature of my business, I would much prefer a service that charges higher transaction fees and no additional 30 cent fee. Does anyone know of any such service? Also, if it matters, I'm planning on using Yahoo! merchant solutions stater package to build my site so the service must be compatible with that. I am however open to other suggestions as long as they are similarly (or much more preferably) priced. This package costs $40/month. Thanks a lot!

Discussion is locked

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Which is about right.
Dec 31, 2008 8:35AM PST

Credit cards do incur that much. If you accept debit cards, not as much.

I'm unsure how long you've been in business so let's get this out of the way fast. Yup!

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Payment Solutions Provider
Jan 1, 2009 1:51AM PST

Its not the cost of accepting credit cards that bothers me, I would just rather pay a higher transaction fee and not pay a 30 cent charge on every transaction. What are you reffering to when you say "Yup." Are there services that don't charge such a fee on every transaction.

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It appears
Jan 1, 2009 4:46AM PST

You are new to how credit cards work. Yes, that fee is about right. I do know that when people just start they may find it annoying but the numbers you shared are about right.

-> What to do? Offer cash or debit card discounts.

"Are there services that don't charge such a fee on every transaction."

Yes, but these would not be Visa, Mastercard or any 'credit card.'
Bob

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Flat Rate - We can deliver on this.
Feb 12, 2009 8:36AM PST

Hi nb1277
If you are still in need of payment processing service at a flat rate with no per trans. fee, feel free to contact me. I have served this industry for 10+ years and we do offer "bundled" rates which means there is not a per trans. fee.
RBSWorldpay.us
Wanda.Cox@RBSworldpay.us
Toll Free: 1-800-984-5965