[ic] Credit Card Processing (Was: "newbie" documentation)

[Jim Balcom]

On Mon, 26 Nov 2001, Eric Paul wrote:

EP>>You are going to need to talk with your bank about setting you up with a
EP>>Merchant Account.  This is what you would use to process credit
EP>>cards.  Depending on the state you live in and the bank you deal with,
EP>>there are all sorts of policies regarding what this will cost and how much
EP>>up front and the like.  If this ends up being too restrictive, you may want
EP>>to check the thread about PayPal integration.

All in all, PayPal is a viable alternative.

>From what they have told me (which I have trouble believing) once I sign up
for a business account, they are going to charge me a percentage on every
transaction, even a paypal to paypal account.

Still, this is more economical for a small operation rather than going
through all of the set-up hassles and expenses for your own merchant
account.

I object to it because their fee is higher than what I am paying, but it is
still reasonable.

-= Jim =-

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Jim's Linux-Operated Underground Bomb Shelter

Tagline for Monday, November 26, 2001 at 20:30 PM:
Stand on the toilet, get high on pot.

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