Comments on: Taking payments online – merchant account & payment processor fees

By: Jamie

Jamie — Fri, 24 Jun 2011 09:40:02 +0000

I thought readers of this massively informative post, might be interested in my experiences with Paypal and why you should be very careful!

http://www.jamieandrews.name/blog/2011/06/start-ups-beware-paypal/

By: Payment Processors – What do I need to know if I want to accept credit cards on my website? — htmlcoderhelper.com

Sat, 28 Aug 2010 14:25:27 +0000

[...] blog post gives a complete rundown of handling credit cards (specifically for the [...]

By: ian

ian — Fri, 06 Aug 2010 10:20:03 +0000

I have a paypal account.. it is really useful in payment methods and could process my transaction fast. transaction fees is fine as long as I could easily done all my task for my business.

By: Processor Benchmark

Processor Benchmark — Fri, 05 Mar 2010 16:40:28 +0000

Sweet…. This is what I’m looking for

By: David M

David M — Mon, 26 Oct 2009 09:14:38 +0000

PayPal fees are much higher than getting a merchant account and their API was not available at the time I wrote this article. Whether it is as flexible as what we have now I don’t know. We can also keep the customer within our own payment pages, which is a big bonus for working on conversion improvements.

By: Marc Gayle

Marc Gayle — Mon, 26 Oct 2009 08:18:02 +0000

Did you know that you could use Paypal and they have a micropayment plan, where the fees are much less tenuous.

Typically micropayments apply for charges of $10 – $12 or less. For your service, it might work well.

https://micropayments.paypal-labs.com/

Would love to hear feedback on how this works out for you, as opposed to going through all of that hassle with the banks and merchant accounts.

By: ann

ann — Thu, 08 Oct 2009 08:59:41 +0000

Another useful comparison tool is on the Electronic Payments site – http://www.electronic-payments.co.uk/acquiring_banks.jsp

By: David M

David M — Mon, 28 Sep 2009 07:02:23 +0000

We have to be PCI compliant. We do not store actual card information other than the cardholder name and expiry date but even if we stored nothing, because we transmit the card details through our server (we host our “enter your card details” page) then we have to be compliant.

It is time consuming but there is a free wizard that takes you through the process, including free server security scans, at http://www.hackerguardian.com/hackerguardian/qa_sa_wizard.html

By: Laurent

Laurent — Sun, 27 Sep 2009 23:05:41 +0000

Hi,

Thank you for the information. It is clear and very useful.

One point not clear for me. I suppose your server never contains your customer’s credit card information because they are immediately transferred to the Netbanx servers through the API ?

So do you need to fill for the PCI compliance ? If so, is it a simplified process ? What are the costs and time requirements for this ?

Thank you,

Laurent

By: David M

David M — Wed, 09 Sep 2009 19:42:06 +0000

Looks like a good choice not to go with Proxt/SagePay – http://www.theregister.co.uk/2009/09/09/sagepay_outage/