who has to offer their credit info? the business owner or the site administrator? (the one that would be processing the orders)
- do you need a terminal to punch the numbers in?
1. The site owner who will be receiving the funds should be the one giving credit info. 2. You do not need a terminal to process cards over the internet. I assume you do have a shopping cart and not just using paypal buttons on html pages?
As an American based business, we use E-xact... and our purchasers are worldwide. We've never had any issues with E-xact, and they tell us when they have service issues - they are very pro-active in the monitoring.
Also, we prefer them to our own bank for E-xact insures all transactions. Something our bank won't do.
We use moneris (Royal Bank / Bank of Montreal) also. Rates are 2.3% plus 18 cents a tranaction. This will drop to 2% after a year or so, if you have a low chargeback rate. They also throw in a virtual terminal, so you don't need a physical terminal for those non-web transactions.
They have a high signup cost ($450) but you can beat them down a hundred bucks or more. (ie don't to excited about the first price they offer you)
You need to sell a physical product (they don't deal with subscription services) and you must have good credit.