online merchant account

Discussion in 'Payment Processing' started by candychip, Jul 27, 2008.

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  1. #1
    hi dp members,

    I have a website and i want to accept credit online

    1) accept payment in INR and US $

    which bank or process is cheaper
    i dont want to pay account charges like 10k annual charge or somehting like that, and i want very low transaction fee.

    finally i want a more popular trustworthy service.

    like HDFC bank or ICICI bank

    so that i get money easily in my bank account without delay.

    thanks to everyone
     
    candychip, Jul 27, 2008 IP
  2. campolar

    campolar Peon

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    #2
    use paypal!
     
    campolar, Jul 27, 2008 IP
  3. Radz

    Radz Notable Member

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    #3
    go for 2Checkout... Its best for your needs. PayPal is limited to some countries.. 2CO isn't.
     
    Radz, Jul 27, 2008 IP
  4. jestep

    jestep Prominent Member

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    #4
    What country are you located in?
     
    jestep, Jul 28, 2008 IP
  5. candychip

    candychip Active Member

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    #5
    Me I am from India

    paypal accept money in US$ and not in INR
     
    candychip, Jul 28, 2008 IP
  6. ScottNiarb

    ScottNiarb Peon

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    #6
    Radz is right, 2CO is your best bet. Or you could possibly segment buyers and use paypal for USD and 2CO for INR?
     
    ScottNiarb, Jul 28, 2008 IP
  7. candychip

    candychip Active Member

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    #7
    thanks all

    inwill check 2co also
    and how do we receive payment fro 2co?
     
    candychip, Jul 28, 2008 IP
  8. candychip

    candychip Active Member

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    #8
    2CO 5.5% COMMISSION + 0.45$ PER TRANSACTION CHARGES

    FO 100 rUPPE IT COMES TO 6$ APPRX

    PLUS $ 6 FOR EACH TRANSFER TO UR ACCOUNT

    anyone using 2co and happy with its services?


    how long you have been using 2co?

    this again means a lot of commission so i need to keep extra margin

    and nothing in 2% total charges
     
    candychip, Jul 28, 2008 IP
  9. productforever

    productforever Active Member

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    #9
    i am using Plimus,
    they have affilate program & they can offer subdomain "you.plimus.com" for your store with no fee
    you pay just your transactions fee
    and also your marchant name will be appear in credit cards
     
    productforever, Jul 28, 2008 IP
  10. RedXer

    RedXer Peon

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    #10
    Less than 2% in processing fees? That will be hard to find, a merchant account might be your only option for something that low, I'm not sure who to recommend in India though. Also, merchant accounts tend to have more fees associated with them than just per transaction processing.
     
    RedXer, Jul 30, 2008 IP