> You don't always need all of these players. Right know, I have my credit > card account with Northern Trust and they've hired an electronic provider > (ADP/Chase) that we use to process transactions. We do not have any > additional fees besides the rate we negotiated with our bank. The > majority of our transactions are card not present all settled > electronically.
Some companies provide all three services (payment gateway, Internet merchant accounts and merchant account). I'm no expert, but I believe that, in the United States, you need an Internet merchant account that's separate from your merchant account (business checking account) for card-not-present transactions. If that's indeed the case, then you do need all three components, even they are provided by the same company. I did a quick search and found a little more info of Verisign's site: http://searchsupport.verisign.com/content/kb/vs8619.html >From what I've seen, you get the best deals by picking and choosing. For instance, we use Authorize.Net for the payment gateway. As I said, we've had good luck with them, there's no software to install, and they provide a couple different integration methods. We use Heartland (I believe) for the Internet Merchant Account. I don't think we chose them for price but because their bills are broken down in a manner that our accountant can actually use to reconcile our books. For our business account, we go with a regional credit union. As it turns out, despite the fact that we bombard them with thousands of small money checks, they actually end up paying us to have an account with them as opposed to the reverse. Anyway, I've already told you more than I know, so I'll stop now. :) Ben Rogers http://www.c4.net v.508.240.0051 f.508.240.0057 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Discover CFTicket - The leading ColdFusion Help Desk and Trouble Ticket application http://www.houseoffusion.com/banners/view.cfm?bannerid=48 Message: http://www.houseoffusion.com/lists.cfm/link=i:4:195480 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/4 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:4 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.4 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
