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Ecommerce Forum

Online Credit Card Processing
Do I really need to use an external Credit Card Processing Company?

10+ Year Member

Msg#: 215 posted 8:40 pm on Feb 20, 2002 (gmt 0)

I am currently looking into opening a Online Store but need to keep my costs as low as possible, so I would prefer not to pay a 3rd party for proccessing Credit/Debit Cards.

Does anyone in this forum have a direct relationship with a Merchant Bank? as I would like to know if it is possible for me to Proccess Cards through my server and saving myself the 3rd Party Processing/Monthly Fees.

Or does anyone have any other ideas on how I can accept Credit/Debit Card payments at the lowest cost possible?




WebmasterWorld Senior Member 10+ Year Member

Msg#: 215 posted 9:16 pm on Feb 20, 2002 (gmt 0)

You have 2 choices:

Third party; they take a good size of the order, also set up fees depending on who they are.

Your own merchant account; It is not that hard to qualify for one and the start up fees/discount rates are highly negotiable.

Average tranaction amount and how many transactions you do can decide which system is best for you.

Some industries have a higher degree of difficulty in obtaining a merchant account.


WebmasterWorld Senior Member 10+ Year Member

Msg#: 215 posted 6:46 am on Feb 22, 2002 (gmt 0)

hi anne
you might find it quicker, cheaper and easier to use "3rd party" processing only without a bank merchant account. i don't think 3rd party is the best term as many PSPs do not require you to have a bank merchant account.

check worldpay.com and netbanx.com. if you want more specific info about these just sticky mail me.


10+ Year Member

Msg#: 215 posted 10:36 pm on Feb 25, 2002 (gmt 0)

Never forget that AVS checks are vitally important (Address Verfication) for security.

If you accept a fraudulent card, YOU pay for it with any goods or sevices you have sent/done and also you will not get the transaction fees back.

The internet is becoming a hard place for people to get a stolen CC number from, but it is an easy, faceless way to use a stolen card.

Be careful, very careful.


10+ Year Member

Msg#: 215 posted 10:40 pm on Mar 1, 2002 (gmt 0)


I'm in the process of choosing a credit card merchant service.

The two i'm looking into are ClickBank & 2Checkout.

Both are basically the same at $49 activation. Only ClickBank has a higher % rate at $1 + 7.7% but looks like the better of the two because they process debt cards as well as affiliate checks?

Has anyone had experiences with these two?


10+ Year Member

Msg#: 215 posted 10:52 pm on Mar 1, 2002 (gmt 0)

Been using 2Checkout for almost a year. Happy with the service and no customer complaints of any kind.


10+ Year Member

Msg#: 215 posted 12:49 am on Mar 2, 2002 (gmt 0)

Thanks pshea, I got one other question...do they send checks to your affiliate's if you needed that service?

Another note for anna up on top.

For high tech advancements search for a product called the "eCashpad".

I've beening watching the developments on this device for the past year now and if the tech picks up with consumers it will basically be card present transations in the comform of your home with the merchant enjoying a low rate of about 1.7% I believe.

I think it's well needed.


10+ Year Member

Msg#: 215 posted 4:55 am on Mar 2, 2002 (gmt 0)

w2001, have no idea: I should be so lucky.

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