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Introduction To Online Payments - TL;DR: It's A Total Bitch

blog.meatinthesky.com

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Re: Introduction To Online Payments - TL;DR: It's A Total Bitch

#61

Earlier quoted context omitted.

Paypal has a pretty high per-item fee of 0.30 / transaction and a reasonably low (and fixed!!) percentage fee of 2.2%-2.9%. Therefore, if you have an abnormally large average transactions size OR get paid mostly by other businesses, with their business cards OR have an abnormally large share of amex transactions, paypal will be more appealing from a cost perspective than it otherwise would be. At TransFS.com we inclu…

According to this site, http://www.merchantaccountblog.com/1027/a-comparison-of-3-al... , which was linked from the original article, the Google and Amazon payment systems have the same fees as PayPal.

CheckVantage offers a cost effective solution for electronic checks.

Re: Introduction To Online Payments - TL;DR: It's A Total Bitch

#62
post #60

Earlier quoted context omitted.

Try being a non-US business. The only people who would talk to us at the start wanted 5% plus. Totally ridiculous. Paypal isn't bad sometimes.

What option did you end up taking then? Any way you can go through the process?

Hong Kong.
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