Jump to content

Merchant account question


jrh

Recommended Posts

Hello,

I'm in the middle of trying to get my first hosting service up and running, and am currently looking for a merchant account. I just got done dealing with one recommended by my bank (Moneris) that said they require the first payment of all clients to be made over the phone (I'm supposed get their CC card verbally, instead of an online form), then the monthly recurring billing would be automatic.

I'm not liking that option at all, as I feel forcing a customer to call is completely unnecessary - yet they said they've "never heard" of it being done solely online.

 

Am I just misunderstanding how the billing is processed?

Were they imposing the restriction on me because I'm starting out small?

 

Any feedback is appreciated.

Link to comment
Share on other sites

I'm in the US.

 

I know I need a processor - I just went to Moneris first, because my bank mentioned them - they claim to offer online merchant accounts, but as mentioned, I think they're not really what I want.

 

I've been looking around a bit more, and read some other forum posts, and figure I'll try freeauthnet.

 

But basically I just want to confirm that the concept of requiring clients to call me to give a credit card instead of processing online is silly.

 

Thanks

Link to comment
Share on other sites

Definitely go with someone else. They sound like they are not that experienced in online transactions. I have no experience with cdg, but I have used e-linedata in the past. If you call them there is a special plan for webhosts.

 

Currently, I am using PayPal Pro and that works perfectly for me. I pay 2.2% plus .30 per transaction and a flat rate of $30 a month. None of this bs with all these backend fees stuck on there each month.

 

John

Link to comment
Share on other sites

  • 4 weeks later...

im happy with paypal and googlecheck out.. for now :)

 

but check with cdg ive considered them before, just decided to go with paypal since thats what almost every uses now a days.

 

also make sure to do your research, dont get caught with hidden fees and extra fees like statement fee, online terminal fee, invoicing fee, etc. they add up quick and most of the time its just a way for them to siphon more money off your hard earned money :)

 

James

Link to comment
Share on other sites

I was about to create a new topic, but this is almost my exact question. I guess I'm a total noob or something and don't retain replies that aren't directed at me (:P), but what should I use? CDG Commerce looks awesome, but how on earth do they make a profit? I'd like something free, or at a very very low cost. I pay enough monthly fees as it is. Sometimes small companies are great, like that earth one of the domains. Any suggestions?

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use & Guidelines and understand your posts will initially be pre-moderated