Any good feedback on a credit card processing mrchant?

[craigcriv]

Just getting started with my e-commerce site. Please give some feedback, positive or negative, on credit card processing merchants.
Any other advice would be appreciated.
I am going to be using the Magento shopping cart software.

Thanks
Craig

[roban]

I use Authorize.Net and have been happy with them for several years.

[craigcriv]

OK I've decided on authorize.net for the website, and undecided on first data (thru Wells Fargo) or e-onlinedata for the actual processor. Their pricing is pretty close. Anyone have any experience with either.

[roban]

e-onlinedata has been good to me.

[Lelou]

Have you looked at Pay Pal? Its 2.9% per transaction + 0.30 cents. No monthly fee, no setup fee, no other charges.

I chose pay pal for 2 primary reasons:

1. No monthly fees/etc means I don't have to worry about my business actually losing money while I work on the rest of my ecommerce process.

2. Pretty much 99% of people who know how to use the internet know and trust Pay Pal.


Also the money will sit in my Pay Pal account. Which means I can make transfers to my small business checking account (150 transactions free) and only transfer money to that banking account when I want. Which means every sale doesn't count towards my 150 transactions.

You can also get a Pay Pal credit card now days which means I can do my purchasing (for free) from my pay pal account as well.

Now I do have to warn you, this is my first time attempting ecommerce, so you'll want to review any of the sources I recommend on your own. Just in case I miss something. But to my knowledge this is an accurate account of the Pay Pal credit card processor and its advantages.

[siotw]

Just use PayPal until your sales volume can justify the cost of a dedicated merchant account.

[Collabora]

PayPal is good but they are not a credit card processor. We use that and FastTransact for our cusotmers.

[siotw]

PayPal is good but they are not a credit card processor. We use that and FastTransact for our cusotmers.

Yea, totally get that PayPal isn't a processor. 3rd party merchant. But he doesn't need a credit card processor if he's "just getting started". If he wants to pay the ridiculous start up fees right out of the box, OK fine. From my experience, that's like bringing a bazooka to kill an ant.

[BST]

As you the poster wrote, he is just getting started so I'd advice that he tries using a processor like Paypal since they don't charge you monthly fees. But, if you are ready to pay some monthly fees you may try the other option.

[Nexternal]

Have great things to say about e-onlinedata - https://www.e-onlinedata.com/

[netpox]

PayPal does have merchant solution and is a processor. Website Payments Pro Solution

See here:
https://www.paypal.com/us/cgi-bin/we...p-pro-overview

I am using this and so far i'm happy with it. $30 monthly fee and then transaction fees. Still cheaper than authorize.net.

[sam40]

i have been using 2checkout and satisfied with them

[Seifert Tech]

Have you looked at Mainstreet Commerce? Seifert Technologies is one of their integrators, they may be able to answer some of your questions.

[Richard777]

There are so many different options online today. Just make sure you do your research and choose a reputable and reliable source. Otherwise, you'll lose customers....translation lose out on profits.

[mike2016]

most of the banks offer merchant processing accounts, for all sizes of companies. I've used bank of america, nova(elavon), and I just switched to Wells Fargo. They are desperate for new accounts, and I paid NOTHING start up for all of my merchant accounts.

1 pc of advise, DO NOT USE Paymentech, they are horrible and give you rip off rates, and they take up to a week to deposit funds. Wells Fargo and Bank of America offer next day funding if you bank with them.

they all offered great rates, by far Wells Fargo beats all of my previous processors. And all of them offer popular gateways such as Authorize.net, Paypal's PayFlow Pro...etc