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  1. #1
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    Best Payment Processing Gateway
    I'm looking to start subscription based website and currently researching best payment processing gateways for recurring payments.

    Can anyone suggest who offers quality service with no setup cost and low transaction fees?

  2. #2
    Full Member jollygoodpirate's Avatar
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    FYI

    Paypal merchant services supports subscriptions, credit cards, and of course Paypal payments.

    Have you taken a look at paypal?

  3. #3

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    Skip paypal. Paypal is the devil.

    Look at setting up a merchant account. Companies like charge.com do it for no money upfront, and you can have authorize.net or linkpoint.com. Such things are real merchant accounts and usually give you good low fees. All e-commerce packages (shopping carts, etc) work with authorize.net or linkpoint, etc.

  4. #4
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    http://www.amember.com/

    It runs my membership website and it's an amazing piece of software.

  5. #5
    Affiliate Manager adambha's Avatar
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    Merchant Account vs. Payment Gateway
    Just remember, there are two pieces to this puzzle: the merchant account and the payment gateway.

    The merchant account is the actual service provider who sets fees, handles support, etc.

    The gateway is a name like authorize.net, etc. and is an 'add-on' service, although is required for online transactions.

    Much like everything else, the best option all depends on your situation...

  6. #6
    Full Member jollygoodpirate's Avatar
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    Quote Originally Posted by nakedgamer
    Skip paypal. Paypal is the devil.

    Look at setting up a merchant account. Companies like charge.com do it for no money upfront, and you can have authorize.net or linkpoint.com. Such things are real merchant accounts and usually give you good low fees. All e-commerce packages (shopping carts, etc) work with authorize.net or linkpoint, etc.
    I see your smilie, so I am taking it as a joke - BUT would you care to elaborate why you think Paypal is the devil??? There's got to be a reason for the comment, even with a smilie behind it

  7. #7

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    1) Paypal has higher fees.

    2) Paypal has no problem seizing people's accounts (history of it) and holding their money without anything you can do about it (whereas merchant accounts are different).

    3) Takes slightly longer to get your money via paypal (to get it to your real protected bank account), but this is not as important to most.

    4) You have more protections, and arbitration, for credit card disputes on a traditional merchant account.

    5) Paypal is owned by ebay.

    6) Paypal changes their script often and there have been many times a lot of shopping carts stop working with it until a fix is offered by the shopping cart maker.

    7) Traditional merchant account/gateway also allows for swiping and phone processing.

    8) Paypal wants you to limit your processing to a single site (usually), and things like passback parameters it's necessary. Merchant gateway does not have this limit.

    It's simple really. If you EVER find you are going to process a lot of orders, the fees alone you save on a traditional merchant account/payment gateway far outweigh the cost of paypal.

    I have used a merchant account for years (10+) and have always preferred it. Money is in the bank automatically within 3 days MAX, and usually within 24 hours.

    I tried paypal and found it to be more of a hassle, higher fees, and more geared towards the buyer than the seller. Only reason I accept it on any of my sites is just for the convenience of those particular customers, BUT at the top of my list is my own merchant gateway (which is seamless and doesn't take the customer away from my site).

    Also I love taking American Express/Discover with my merchant account. I only pay a flat fee per month (like $10) and there are NO additional fees (even a percent) taken out. Whereas paypal charges me a heavy fee.

    Ever wonder why Sams club and Costco love American Express and Discover so much? A few years back they allowed us small time merchants the same perks. (though now Sams takes MasterCard)

    Also, over the years, I have learned to hate the Paypal dispute system. Seems that anyone can dispute for any reason they want and ties up your money until the dispute is over. Though not a single dispute has ever been ruled in the favor of the buyer (always ship with tracking) it was a long drawn out process.

    Merchant account is a bit different. You are notified of a dispute, and given time to provide the information against the dispute (receipts, shipping information, etc). It's rare they hold funds during the process (ie they never have with me).

    The bottom line. I have more power over the process of accepting credit cards, and pay less fees. It's that simple besides the long winded post.


  8. #8
    CPA Network Rep Joe Lilly's Avatar
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    I work very closely with a company called TransFirst. They specialize in card-not-present, and all of my advertisers have been very happy with them. PM me for their contact information.....
    Joseph Lilly
    PartnerWeekly, LLC 702.407.0707 joe.lilly at partnerweekly.com
    PartnerWeekly

  9. #9
    AM Navigator Geno Prussakov's Avatar
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    QUICK: 2CheckOut

    THOROUGH: CardService International

  10. #10
    Affiliate Manager Alan Hamilton's Avatar
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    I have a processor that we have used for over 7 years now and they are very good to work with, deposit daily, and have a very high user satisfaction rate.

    I highly recommend them, especially the agent who personally handles our internet accounts for us. If anyone is interested you can PM or email me and I will be happy to put you in touch with them.

    Alan
    Join the Spicy Aprons Affiliate program on ShareASale Visit us on Facebook www.facebook.com/spicyaprons Follow us on Twitter @Spicyaprons

  11. #11
    Full Member jollygoodpirate's Avatar
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    Thank you for the long Post
    NakedGamer,

    Thank you for taking the time to elaborate. I have just signed up with Paypal merchant, although I have not started taking subscriptions. Your post is going to make me rethink Paypal. I'll do some further research outside of Abestweb and see what else is out there.

    Thank you very much.

  12. #12

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    2Checkout.com should no longer be considered an option. They have terrible customer service, high rates, slow payment times, and their "not allowed" list is LONG and extensive. The list makes Paypal look like a Saint.

  13. #13
    Newbie Zen Marketing's Avatar
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    I've used 1shoppingcart as a software platform which works pretty well. (You will need your own merchant account through something like authorize.net though)

  14. #14
    Affiliate Manager
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    I also like paypa;, paypal websites pro & virtual terminal. Its very cheap ($20/month) and their rates are quite decent. 2.9%-1.9% depending on volume.

  15. #15
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    I think these processors are charging less comparatively, velocitypay, chronopay, secpay, barclay & protx, you may wish to check their prices and get insure about their services.

  16. #16
    Full Member Zdig's Avatar
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    Quote Originally Posted by nakedgamer
    Skip paypal. Paypal is the devil.

    Look at setting up a merchant account. Companies like charge.com do it for no money upfront, and you can have authorize.net or linkpoint.com. Such things are real merchant accounts and usually give you good low fees. All e-commerce packages (shopping carts, etc) work with authorize.net or linkpoint, etc.
    i just came across the post, as i'm looking for a payment processor. i was looking into paypal, but the idea of a "real" merchant account is intriguing.

    i'm a little confused...it sounds like you need 3 things to be a "real" merchant?
    -merchant account (via charge.com or similar)
    -authorize.net (or similar) for payment processing
    -shopping cart to integrate it with (oscommerce or similar)

    does authorize.net offer merchant account services? (to simplify things, so i could use authorize.net for merchant account and processing)

    anyone care to share some advice?? what am i missing here?

    *update: i should mention that i need a payment processor for a subscription site that offers only 1 product (a subscription to the website/service, basically) - so i don't need fancy checkout software, necessarily
    Last edited by Zdig; July 30th, 2007 at 07:51 PM.

  17. #17
    Resident Genius and Staunch Capitalist Leader's Avatar
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    what am i missing here?
    What you're missing is how Authorize.net works. I don't mean how the mechanics work, but in regards to ease of setup.

    My merchant account processor set up my Authorize.net account, and all the fees (merch acc't fees and Authorize.net fees) go through the one place. It's pretty much like this:
    does authorize.net offer merchant account services? (to simplify things, so i could use authorize.net for merchant account and processing)
    Except it's the exact reverse: (Some) merchant accounts offer Authorize.net, instead of the other way around. But the end result is that all the bills are coming from one place. Mine sends stats with every statement, and I can also get stats from Authorize.net's interface, which comes in handy when I lose the paper statements!

    Some merchant account places may NOT also offer Authorize.net, so you'd have to make sure that any place you're considering does.

    Don't get scared by Authorize.net "developer" documentation that details a complicated setup process. Most of that is programming--and any serious cart will already have done all that programming for you. All I needed to do with ZenCart is "install" the Authorize.net AIM module (read: click the Install button!) and put in my Authrize.net txn code. You have to have something called cURL enabled--but you can bug your web host or server mgmt for that part if it isn't already on.

    I might have missed a few steps, but those are the basics. Plus, YMMV depending on your cart and merchant account provider.


    *update: i should mention that i need a payment processor for a subscription site that offers only 1 product (a subscription to the website/service, basically) - so i don't need fancy checkout software, necessarily
    Recurring billing's $10 extra at Auth.net.

    As for checkout software being "fancy" or not...it all basically does one thing AFAIK: It gets the person's billing info, and info on what they're buying. Some interfaces, however, are more intuitive and trust-inspiring than others.

    ZenCart (and, very likely, OSC also) is more set up for selling things than selling subscriptions, so a different cart may be better for you... and you may find that some merchant account providers are shy of dealing with subscriptions (although this is changing now that more G-rated sites are getting into subs, some still equate subscriptions with pr0n and gambling).
    There is no knowledge that is not power. ~Hemingway

  18. #18
    Full Member Zdig's Avatar
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    leader, thanks for the explanation!

    this is all new to me, and slightly confusing...

    let me see if i understand this:

    i set-up a merchant account with a service like charge.com - and they also set me up with service like authorize.net for processing? i guess i don't understand why the need for two steps, why can't the merchant account provider also do processing?

    update: also...i'm selling G-rated subscriptions, so i'm not looking for a porn-friendly provider or anything like that

  19. #19
    ABW Ambassador 2busy's Avatar
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    Merchant Accounts don't do processing. Ever. The Merchant Account is what you need before you can get the processing. Authorize.net is a payment gateway (processor) that can interface with your cart if you have one or usually offers a virtual terminal if you do not need a cart. Your local bank can set you up with a POS (point-of-sale like you see in the stores) terminal if you want to really go cheap but with a POS you are on your own for verifying/authenticating the buyer/card combo. Your bank may even offer a merchant account but may require a minimum balance commercial account for that. You might be better off with a TMO account that is for processing payments made via telephone/mail order. You save the expenses of the payment gateway (there will always be fees to shop around for) but generally you are on your own for authenticating. Probably not a major problem for a subscription except there's no online payment method. There is a lot of information out there, just consider the source when you get information and don't sign up for anything until you know what you need and want.

  20. #20
    Full Member Zdig's Avatar
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    Quote Originally Posted by 2busy
    There is a lot of information out there, just consider the source when you get information and don't sign up for anything until you know what you need and want.
    thanks for the info 2busy. there is TONS of options related to shopping carts and payment processing I am finding out, and every situation is different...(recurring/subscription payments add another peice to the puzzle) i definitely plan to do a lot of homework on this, since the payment/checkout part of this particular project is pretty important.

  21. #21
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    Payment Processing
    Hi,
    After deciding on opting for business credit card processing, look for credit card processing company that offers the best deal. You can know more information from www(dot)merchantacquiring(dot)co(dot)uk.
    Last edited by loxly; December 4th, 2008 at 06:13 PM. Reason: creative, but still spam.

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