payment processing - what service to use?

Discussion in 'Payment Processing' started by mrx345, May 20, 2010.

  1. #1
    I need to charge money from subscribers many times once a month after they subscribed. What kind of scripts or services can I use?

    I was thinking of google checkout or paypal but as I see they allow you to make one transaction when you have a shopping cart. In my case I need to save subscribers billing information and then charge fee every month.

    Can I only collect billing info and then charge fee offline? If yes how can I do it?

    I think I need something like http://www.whmcs.com

    right?

    Thank you,
     
    mrx345, May 20, 2010 IP
  2. jestep

    jestep Prominent Member

    Messages:
    3,659
    Likes Received:
    215
    Best Answers:
    19
    Trophy Points:
    330
    #2
    Are you US based?
     
    jestep, May 20, 2010 IP
  3. mrx345

    mrx345 Peon

    Messages:
    68
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #3
    Yes. US based.
    I guess I need some secure form to collect billing info on my site and then I can use some online service to charge members credit card every month, right?
     
    mrx345, May 20, 2010 IP
  4. jestep

    jestep Prominent Member

    Messages:
    3,659
    Likes Received:
    215
    Best Answers:
    19
    Trophy Points:
    330
    #4
    What we use and what I would recommend is using a payment gateway with a customer vault, and recurring billing features. This allow you to store your customer's card number and information with the payment gateway, and you can re-bill the card as needed. You can program this into your own website through an API or manually charge the card by logging into the gateway. Also the recurring billing is setup to auto-charge, the vault allows you to charge as needed, or create your own billing system on your own application.

    The 2 that support this that I know of are Authorize.net, and Network Merchants. I recommend network merchants because it costs about $5 per month, whereas authnet costs $10 - $15 per month, and the monthly fee for authnet is several times higher than network merchants.

    In any case, you most likely do need a web application or shopping cart for the customer to enter their information into.
     
    jestep, May 20, 2010 IP
  5. ceaseer

    ceaseer Peon

    Messages:
    473
    Likes Received:
    10
    Best Answers:
    0
    Trophy Points:
    0
    #5
    PayPal allows you to setup subscriptions as does 2checkout. During setup of the payment buttons you set the frequency the amount will be charged.
     
    ceaseer, May 20, 2010 IP
  6. Lastbutnotleast

    Lastbutnotleast Peon

    Messages:
    2,612
    Likes Received:
    105
    Best Answers:
    0
    Trophy Points:
    0
    #6
    Yep. There is no problem with Paypal
     
    Lastbutnotleast, May 20, 2010 IP
  7. jestep

    jestep Prominent Member

    Messages:
    3,659
    Likes Received:
    215
    Best Answers:
    19
    Trophy Points:
    330
    #7
    The drawback with paypal, is that you must charge based on the schedule. If you ever need to charge outside of the set schedule, it's not possible.
     
    jestep, May 20, 2010 IP
    Lastbutnotleast likes this.
  8. Lastbutnotleast

    Lastbutnotleast Peon

    Messages:
    2,612
    Likes Received:
    105
    Best Answers:
    0
    Trophy Points:
    0
    #8
    Thanks for the input ;)
     
    Lastbutnotleast, May 20, 2010 IP
  9. rafderamas

    rafderamas Active Member

    Messages:
    288
    Likes Received:
    1
    Best Answers:
    0
    Trophy Points:
    53
    #9
    use paypal. it is still the number 1 in terms of payment processing.
     
    rafderamas, May 21, 2010 IP