Guest Posted October 24, 2002 Share Posted October 24, 2002 Dear Oscommerce User, I have noticed that a big challange is what to do once you set up your OSC site. You are probably wondering like alot of people in this forum whether to get a merchant or gateway account. This is what I know as of today. I invite you to post more relevant information, since at the time of this post this is all that I know 1: You can either get a merchant account or a gateway account So lets start with a Merchant Account: a. Monthly Fees to use their service. b. A setup fee to start using their service. c. A percentage rate charged per sale, it can range form 1.8 to 2.9 d. A fee of aprx. 30 cents is charged per/transaction added to% rate. e. Does it require you to leave the site. f. Transactions per month allowed depends on the company. g. What type of transactions do they accept. Now a gateway: (PAYPAL is the example) a. customers have to leave your site. b. customers have to sign up to a service before they can pay you c. You get charged a fee when you deposit the funds into your account Posters Please INCLUDE: more info on gateways more info on best choice for small business. None.. :D Link to comment Share on other sites More sharing options...
pwv Posted October 24, 2002 Share Posted October 24, 2002 Do customers leave your site if you use the PayPal Instant Payment Notification? There is a module developed under the contributions. ++Tx Pedro http://www.ifthen.biz Link to comment Share on other sites More sharing options...
Guest Posted October 25, 2002 Share Posted October 25, 2002 Im not sure.. I do know that you have to leave the site when you want to pay.. and you have to become a member... Link to comment Share on other sites More sharing options...
Guest Posted October 25, 2002 Share Posted October 25, 2002 Do you have to have a merchant account.. and a Payment gateway... or are these two things the same thing? I think im going nuts with this payment stuff.. I cant wait to get to problems involving the modification of the site... Thanks Everyone!!! :D Link to comment Share on other sites More sharing options...
wizardsandwars Posted October 25, 2002 Share Posted October 25, 2002 First of all, I strictly use a gateways to process all credit cards. I think that unless you are going to do high volume right off the bat, that this is perfect for a business just starting out. also, you don't need an SSL, and a merchant account. The processing fees are about the same, I've found. That being said, so far, I have only found 2 gateways worthwhile. Paypal, and 2checkout. if anyone knows of others, do tell. It is true that customers have to leave your site to process cards with either of these. however, there are great differences between the two. Palpal you have to create an account, but it is relitively painless, and definatlely cheap. And lots of people already have paypal acconts. With 2checkout, you don't have to create an account. Also, you can modify the checkout page to look like your site, so unless the customer looks at the url, they don't know you have left. 2checkout, however, has its drawbacks as well. First of all, it is almost twice as expensive. 5.5% plus .45 a transaction vs. paypals 2.9% plus .35. Also, the customer is billed as '2checkout' as opposed to paypals "paypal: wizards and wars". I like to offer my customers both. Meanwhile I am researching the merchant account. ------------------------------------------------------------------------------------------------------------------------- NOTE: As of Oct 2006, I'm not as active in this forum as I used to be, but I still work with osC quite a bit. If you have a question about any of my posts here, your best bet is to contact me though either Email or PM in my profile, and I'll be happy to help. Link to comment Share on other sites More sharing options...
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