Who gives best merchant rates for credit card processing?

[acclaim]

I am seeking for suggestions on who gives best merchant rates for credit card processing online. Any one has experience with international credit card processing -- who has the best rates. I've looked at Card Service International, PayPal, best I could get for US 2.3% +/- many fees. Any suggestions?

[khasmoth]

Still Paypal IMO

[Amoy]

try this site can even be used on ebay Merchant Account (http://www.eworld-review.info/MerchantAccounts.htm)

[yaffer]

google checkout isn't charging any fees for the next year. i don't think you can beat that.

[acclaim]

Thanks a lot for your suggestions. How is google checkout working out for you?

[softwareprojects]

GC has too many issues, specifically when it comes to tracking conversions

I would recommend staying away from GC until they mature.

You can get a merchant account at 2.47% or PayPal one.

Don't focus too much on whether it's 2.47% or 2.3% or 2.2% at this point. Focus on a provider that can scale well and offers 24/7 service.

The top ones are CSI (Card Service International) First Data and HSBC

PM me if you'd like a link for a free merchant account setup

[debunked]

Costco even has descent rates through nova if I am not mistaken.

Your credit worthiness will affect how easy or who will accept you.

[stymiee]

Check out this article over at SitePoint: Solve the Payment Processing Problem (http://www.sitepoint.com/article/merchant-account-review). It compares providers and has a built in calculator to help you figure out which is the best for your business.

[yepya.com]

GC has too many issues, specifically when it comes to tracking conversions

I would recommend staying away from GC until they mature.

You can get a merchant account at 2.47% or PayPal one.

Don't focus too much on whether it's 2.47% or 2.3% or 2.2% at this point. Focus on a provider that can scale well and offers 24/7 service.

The top ones are CSI (Card Service International) First Data and HSBC

PM me if you'd like a link for a free merchant account setup

I wonder two things about CSI.

1. Does it support International accounts? (In the "Send Me Information" page only US address can be entered :confused: )

2. Does it have multilanguage support for the credit card processing pages?

Thx

[iBoy]

2CO is also good and reliable

[etechsupport]

You may wish to look into something like this;
http://www.litecommerce.com/payment_gateways.html

[stymiee]

2. Does it have multilanguage support for the credit card processing pages?


That would be a product of the gateway. If you use the API of any gateway you have full control over the page and can have it be in any language you'd like.

[Corey Bryant]

The top ISOs in the United States are Chase / Paymentech. They are owned by First Data - which is also owned by First Data. Talking to any of the agents - you are liable to get almost any rate - from 2.09% - 2.44% usually.

There are some smaller ISOs as well like www.cdgcommerce.com that might be better suited as well for you.

[Jelf]

for online ebay
offline shops termnetmw.com

[koolasia]

google checkout isn't charging any fees for the next year. i don't think you can beat that.

oh really that will be gr8

[stymiee]

Paypal charges extremly high rates and they are variable depending on the amount of business you do.

But considering they don't charge a monthly fee makes them almost always cost less then a true merchant account with a gateway. You can see this clearly demonstrated in this article (http://www.sitepoint.com/article/merchant-account-review).

[HumanIngenuity]

google checkout isn't charging any fees for the next year. i don't think you can beat that.



Even after the yr, they only charge 2% and .20 per transaction. still cannot beat that.

[Mia]

They are all about the same, and are in the business of sucking blood from a turnip. AMEX is the worst. Merchant always loses when it comes to charge backs, yet the cc merchant keeps the commission.

That said, we use Authorize.Net. We used to use viaklix/Nova through our bank and they were bastards! Horrible system.

[stymiee]

They are all about the same, and are in the business of sucking blood from a turnip. AMEX is the worst. Merchant always loses when it comes to charge backs, yet the cc merchant keeps the commission.
Actually Amex is more forgiving then Visa and MsterCard. With them, unless you swiped the card through a credit card terminal or software you lose every time. With Amex you can still win if you have a signed contract from the customer confirming the sale was legit and successful.

That said, we use Authorize.Net. We used to use viaklix/Nova through our bank and they were bastards! Horrible system.Which part, Authorize.Net or Nova? I've found both to be very good.

[Mia]

Actually Amex is more forgiving then Visa and MsterCard. With them, unless you swiped the card through a credit card terminal or software you lose every time. With Amex you can still win if you have a signed contract from the customer confirming the sale was legit and successful.



How many people in our business have a card to swipe, much less see the actual customer? 99.9% of all online transactions tend to lean towards the consumer. AMEX's fees are some of the highest out there.



Which part, Authorize.Net or Nova? I've found both to be very good.


ViaKlix

[stymiee]

How many people in our business have a card to swipe, much less see the actual customer? 99.9% of all online transactions tend to lean towards the consumer. AMEX's fees are some of the highest out there.
They are the highest for sure. But if you do B2B you have to take them or lose business (or go out of business). One thing to keep in mind is Amex doesn't have a transaction fee. If your average ticket is low enough it can cost less to accept Amex then some other credit cards.

And you are right about chargebacks online leaning towards the customers. It is Visa's and MasterCard's policy to always support the customers unless you use VBV or SecureCode. But that is a known risk of doing business online. Although a business that is proactive about fraud can virtually eliminate it from their business.

ViaKlixNever heard of them so good to know.

[caliguy80]

I started out with 2.14% discount rate through Cardservice and now have 2.09%. The volume is about $100,000 a month so I am hoping that is pretty. I am happy with their services and support.

We accept Visa, MasterCard, and Discover. They have some type of partnership with Discover so it was added at no additional charge.

[stymiee]

We accept Visa, MasterCard, and Discover. They have some type of partnership with Discover so it was added at no additional charge.

Anyone can add Discover at no added charge. Plus Discover is moving to a model based on Visa and MasterCard and soon you will get all three wrapped up in one package.