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---- PayPal, and related type 'banks in waiting'.


NFFC - 9:15 pm on Aug 9, 2000 (gmt 0)


>A merchant account can cost anywhere from $500 to $5000

Wow! Taking worldpay as an example [in the UK]; Annual fee £125.00, 4.5% per transaction, no monthly fees and they accept almost anybody. The only bad news is that they pay 5 weeks in arrears.

The average costs involved in establishing offline cc transactions are approx.; £250 set-up, £18.00 per month [for the swiper] and 2.5% per transaction.

>a dozen sites that want to take online cc's

I'm not sure of the exact figures but for approx. £900 you can become an authorised reseller and receive £75.00 of the sign up fee and a percentage of each transaction [0.25% I think].


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