Tag Archives:Payment
High Risk & Low Risk Merchat Services

Q&A: Indian payment gateway?

Question by thil: Indian payment gateway?
Which Indian payment gateway is easy to integrate to any opensource shopping cart.. ..

Best answer:

Answer by Lauren Green
You could check out this list of payment gateway that is widely used in India but not sure whether they are easy to integrate or not.

http://ijsid.wordpress.com/2009/06/01/top-10-payment-gateway-india-new-column-on-10-things-in-no-ranking-order/

Or I would suggest you opt for international payment gateways like PayPal. Here’s a list of other payment gateways that you could also consider integrating as they are widely known and recognized as well :

http://www.instantestore.com/accept-credit-cards.cfm

Hope this helps.

Lauren

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Q&A: online ACH payment put me over the limit, please help!?

Question by Devin E: online ACH payment put me over the limit, please help!?
I recently recieved a credit card from capital one. I have a line of $ 500 credit, and have been making transactions but have also been paying them off. recently I have made a couple transactions that have put me close to my limit but certainly not over it. I checked the account online today and it said it was over the available credit limit so i checked the recent transactions and saw that there was an “online returned ACH” payment for $ 100 which ut me over the limit. What does that mean and how do i fix it? Will this hurt my credit score?

Best answer:

Answer by Jessica
Capital One is evil.

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Webmasters Payment Gateway Providers?

Question by brianluke1: Webmasters Payment Gateway Providers?
Can you refer me to a cash processing gateway? Yes, I have merchant accounts with Amex and MC and Visa I need a way for customers to place their orders.

Best answer:

Answer by Ron
6 Payment Gateways Reviewed: http://www.sitepoint.com/article/money-where-mouse-is-gateways/

Ecommerce Payment Gateway Primer: http://www.websitepublisher.net/article/payment-gateway/

What You Should Ask A Payment Gateway Provider: http://michellenewman.wordpress.com/2007/07/19/what-you-should-ask-a-payment-gateway-provider/

Ron

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Looking for a high risk payment processor (merchant account)?

Question by wicked_redhead3: Looking for a high risk payment processor (merchant account)?
I’m going to try and ask this question one last time. I am looking for a payment processor for a adult dating site. I have searched for weeks for one in the US and so far none that accept this type of business so I am now looking for payment processing companies in other countries. Please do not respond is you are doing a quick search and post a few names that show up. I have already done that. I am wanting to hear from people that use a company and can suggest a company that they use or have used with having no problems with them.

Best answer:

Answer by Robert
The only one that I know of is charge.com I have been recently looking for a high risk merchant payment gateway as well (though not for adult related industry) and aside from some offshore places, they were the only one that would take me on. I ended up forming another company that has absolutly nothing to do with my business and getting a merchant account for that company. Since my original company owns 51% of the new company, it is legal for me to use it to pull my payments.

Hope this helps.

What do you think? Answer below!

Lastest ACH Payment News

PayStand takes on PayPal with a new e-commerce service that accepts bitcoin
PayStand accepts both credit cards and automated clearing house (ACH) payments in the from of eChecks and Dwolla transfers, but it is also making bitcoin a key element of its service, allowing merchants to deal directly in the crypto-currency if they …
Read more on GigaOM

Pennsylvania District Saves 000 Annually with E-Payments
We now have more flexible payment options — ACH, AP Cards and electronic print check — and we like the fact that NVoicePay is proactive in following up with our suppliers" added DeAngelis. More information is available at nvoicepay.com. About the Author.
Read more on T.H.E. Journal

Best Payment Gateway Provider?

Question by kavinrocky@1: Best Payment Gateway Provider?
My site is a freelancing site and i need the best Payment Gateway Provider..
These should be included :

Check – Regular Mail
Check – FedEx Overnight
Paypal
E-Gold
Moneybookers
Payoneer Debit Card
Bank Wire

Thanks

Best answer:

Answer by Michelle C
sitepoint.com/article/money-where-mouse-is-gateways

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what is fashion pay payment gateway?

Question by Jessie: what is fashion pay payment gateway?
I want to buy some shoes online and under payment method it said FASHIONPAY payment gateway

Best answer:

Answer by Mohammad
1. FASHIONPAY payment gateway is a system to confirm availability of funds in the credit/debit card of the purchaser.

2. The website of Fashionpay gives the following information about the Payment Gateway:

“Payment Procedure

“Online Shopping Payment Procedure

1. Online shopper visits the merchant’s website and attempts to pay for service product.
2. Merchant’s website sends transaction enquiry to the payment system.
3. Online shopper’s bank debit card makes payment to the bank.
4. Fashionpay checks the merchant information and finds no transaction request errors.
5. Payment request is produced and sent to fashionpay gateway which checks the transaction information between the payment system and merchant’s website.
6. If there are no errors, the payment order is produced and sent to the bank’s payment platform.
7. Fashionpay returns the result from the bank’s payment gateway to fashionpay server.
8. Fashionpay server notifies both the merchant’s website and the customer that the transaction is completed.”

http://www.fashionpay.com/sht/en/pay.html.

.

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Lastest ACH Payment News

PayStand Out of Beta And Ready To Take On PayPal
PayPal and PayStand accept both credit cards and (ACH) payments in the form of eChecks and Dwolla transfers, but PayStand takes the game to a whole new level by driving consumers toward bitcoin transactions. PayPal also revealed new plans. Click here …
Read more on PYMNTS.com

MyECheck to Provide Fully Electronic Check Services to VX Gateway
About MyECheck MyECheck Inc. is a leading electronic payment technology developer providing a new electronic payment method that is replacing cash, paper checks, credit & debit cards, and ACH "e-check" payments. MyECheck operates under license to …
Read more on Broadway World

Lastest Payment Gateway News

SmartTrans continues to ramp up mobile and online revenue
It also earns royalties for providing a payment gateway for other app providers to sell into the Chinese market. Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with …
Read more on Proactive Investors Australia

Q&A: What is a good payment gateway slash merchant account solution?

Question by Paul: What is a good payment gateway slash merchant account solution?
I am looking for a payment solution for my e-commerce shop. I am interested in a gateway / merchant account combo.

I have heard of Total Merchant Services.

I really need some recommendation.

Thanks!

Best answer:

Answer by mss
Payment gateway is a part of an eCommerce merchant account. A merchant account is the service that enables you to accept card payments. Payment gateway is an online service that merchant account providers use for transferring payment details between the merchant website and the bank processing center. The payment gateway will be integrated directly with your shopping cart. The integration process varies by providers and will be handled by their technical staff. Generally the following documents will be required during a merchant account application process:

1. A merchant application – you will have to complete and sign this form. It includes general information about you and your business.
2. A copy of your organization’s Articles of Incorporation, unless you are a sole proprietor.
3. A copy of a voided check for the account that you will want your money to be deposited into.
4. Business or personal financials. Your tax returns for the last two years may be requested if your business is new.

There are many things you need to know when selecting a payment processing provider. The most important issue is processing costs – you certainly don’t want to be overcharged. The costs are comprised of various fees and charges and I have given you a breakdown below.

1. Discount rate – the amount a merchant is charged by his acquirer for processing the merchant’s transactions. It consists of a percentage fee (e.g. 2.19%) and a fixed, per transaction, fee (e.g. $ 0.25). You should not agree to anything higher than 2.19% + $ 0.25.

2. Authorization fee – another “per-transaction” fee. You should not pay more than $ 0.12.

3. Application and set up fee – one-time fees to apply for and set up your account. You should NOT pay ANY set up or application fees!

4. Monthly maintenance fee – as the name suggests, it is charged monthly to keep your account on file. You should not be paying more than $ 10.

5. Support fee – another monthly charged for customer service. You should NOT pay ANY such fees.

6. Virtual terminal fee – a virtual terminal is the application that you will open in your browser and enter the payment information as you are taking it over the phone or getting it from a form you got in the mail. It should be provided for free.

7. Gateway fee – it should not cost you more than $ 15 per month.

Once your selection is made and all required paperwork is submitted, the set up of your merchant account should take no longer than two business days.

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