Does any of the merchant's account services offer a similar convenience to PayPal, where the merchant service provider takes responsibility for storing the credit card number of your customer?
That is the biggest issue in my view, when considering a merchant's account solution. You'll be taking on new responsibilities with regard to storing sensitive customer data, and there is a significant liability there. Daniel On Dec 23, 2009, at 5:07am, Tom M. Blenko wrote: > > Actually not (lots of moving parts). > > You get your merchant account (which may be some paperwork, they want > to know that you are who you say you are). They provide a library/jar > that you can load into your application/website. Maybe a little code > to interface theirs to yours, set a few configuration parameters, do > some testing, and you're done. They provide instructions for doing > all the software integration/configuration/testing. > > Tom > > On Dec 21, 2009, at 5:21 PM, Stefan Reitshamer wrote: > > > Does anyone know of a write-up on how to set this up? > > I'd like to do it, but it seems like there are a lot of moving > parts. > > > > - Stefan > > http://www.haystacksoftware.com > > > > On Dec 21, 2009, at 10:58 AM, Ryan Britton wrote: > > > >> A full merchant account setup is fairly cheap and easy, so I'm not > >> sure why that hasn't been thrown out there as an option. My rates > >> are 2.2% for qualified (i.e., AVS matches) Visa/MasterCard > >> transactions, 2.9% unqualified, and American Express/Discover > >> slightly higher. These are full merchant accounts tied into the > >> Authorize.net gateway and run $15/mo + $0.20 per transaction fixed. > >> > >> > >> On Dec 20, 2009, at 8:19 AM, David wrote: > >> > >>> Hi, > >>> > >>> I can appreciate that the CEO of Fastspring was attentive enough > >>> to respond directly to emails and web postings, but their rate is > >>> extremely high IMO. We were paying a net (ie, with fees) 5-6% > >>> with a merchant account provider that worked out fine > >>> (Cardservice International) and was easy to integrate into our > >>> own shopping cart. But I felt that was too high a rate, and > >>> switched to the paypal merchant account (which was a tough > >>> process to get into, compared to the regular paypal payments > >>> processing, but worth it). For November our total fees from them > >>> were under 4% so I'm happy with the move as it's saved me several > >>> hundred dollars a month. > >>> > >>> If you're looking at an alternative to Paypal, I'd do your > >>> homework as there are many providers around the 4% + fees rates > >>> which seems to be a lot cheaper than what you're looking into > >>> there, and that can add up quick! > >>> > >>> --- In [email protected], John Fox <j...@...> wrote: > >>>> > >>>> Hello: > >>>> > >>>> Just wanted to chime in. Back in 2008, I posted on the list > >>>> about having my PayPal account frozen because I withdrew ~$10K > >>>> at one time. This happened the morning of Macworld starting, > >>>> which was not fun. After getting my account unfrozen, I've not > >>>> had any problems, but I have been very nervous. > >>>> > >>>> This past Thursday, I started looking into FastSpring, and have > >>>> been blown away by their professionalism and responsiveness. > >>>> While they do have direct Aquatic Prime support, you can't add > >>>> custom key/value pairs, which is delaying my using them right > >>>> away. I have to echo the sentiment that it's worth having > >>>> multiple payment processor options. I suspect that in the near > >>>> future FastSpring will be my primary with PayPal as the backup. > >>> > >>> > >> > >> > >> > >> [Non-text portions of this message have been removed] > >> > >> > >> > >> ------------------------------------ > >> > >> MacSB email guidelines: http://tinyurl.com/2g55d6 > >> Use MacSB-Talk for off topic messages: http://groups.google.com/ > >> group/macsb-talk > >> Yahoo! Groups Links > >> > >> > >> > > > > > > > > ------------------------------------ > > > > MacSB email guidelines: http://tinyurl.com/2g55d6 > > Use MacSB-Talk for off topic messages: http://groups.google.com/ > > group/macsb-talk > > Yahoo! Groups Links > > > > > > > > ------------------------------------ MacSB email guidelines: http://tinyurl.com/2g55d6 Use MacSB-Talk for off topic messages: http://groups.google.com/group/macsb-talk Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/macsb/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/macsb/join (Yahoo! ID required) <*> To change settings via email: [email protected] [email protected] <*> To unsubscribe from this group, send an email to: [email protected] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
