If someone is starting a store online, how much is the average fee for a credit card processor? Thank you?
Apr.21, 2009 in
Other - Business & Finance
Maria asked:
I might have the wrong name. When I say card processor, I mean companies like Google checkout, 2Co, Clickbank, e.t.c., people who you need to process your customers credit cards. I think another name for them is merchant account.
I might have the wrong name. When I say card processor, I mean companies like Google checkout, 2Co, Clickbank, e.t.c., people who you need to process your customers credit cards. I think another name for them is merchant account.
I ask this question bcz I heard it can cost thousands just to set up, and yet I’ve heard it’s not that expensive. For example I saw Google is only $50 to set up then couple cents off each item sold. So I want to know is it thousands one time or not. Thanks.
April 23rd, 2009 at 3:30 pm
The one we use has a 10% Holdback fee (which you are reimbursed after 6 months) and a 4% processing fee
April 24th, 2009 at 6:40 am
Charge charges less (sorry for the pun) and gives more than
other services:
PayPal is also popular and not too expensive: