Best Payment Gateway ?

[varun8211]

Lots of stuff are there on the net for the credit card payment gateways.. but still not sure which is the best and most economical ?
1. Paypal
2. Authorize
3. 2checkout
4. ccnow
5. ibill etc etc.

Have tried to search a lot, but havent been able to conclude which one should we go for. I started with analysing my requirements first.
I am software company and I develop customized softwares for various clients in US, UK, Aus etc..

How I am doing right now ?
I am using paypal to accept payments. That means, my client has to have paypal account to send my payments that means, I do not get full money.
Bank transfers are also not flexible for my clients.
They prefer something that can be done online.

What do I want?
I want to allow my clients to pay me by their credit cards directly on my company website. That will be very flexible for my clients as well and (I suppose) saves lots of money (transaction fees) for me too.

I think, answers to this question will be very useful for many of us..

So please put in some useful solutions here.

Thanks for your time.

[weslinda]

While Authorize is the standard, there are many great gateways and merchant providers out there. The best thing to do is to discuss with your commerce package which gateway they recommend and prefer to work with. It is very easy to find solid deals with various gateways, the important thing is the customer service and support that you get with your relationship.

[varun8211]

Well, I am not using any commerce package.. I will just ask my client to go this page, enter the $X and credit card details and submit.

[weslinda]

What are they buying / paying for? If you are simply collecting fees, pick one and do everything over the phone.

Most have a web module that will allow you to take payments.

Otherwise, you'll need to create some type of page to "check them out". If that is all you are doing, then find the best package with the lowest rates. If you are not concerned with customer service or long term e-commerce functionality, then they all basically do the same thing. They let you take CC's. They just charge different rates.

[varun8211]

Originally Posted by weslinda

What are they buying / paying for? If you are simply collecting fees, pick one and do everything over the phone.

Yes, just for fees collection .. How can I manually charge their credit cards, if I take their info on phone or may be just storing that info in db.

[StevenAllen]

If you are just seeking a simple process for fee collection I still believe Authorizenet is your best bet. It is easy to use and customizable to what you need. They have great customer support and will walk you thru the process. If you need more help, please feel free to drop me a line.

[etechsupport]

I agree with weslinda, if you little research you can find few good payment gateways, the customer service and tech support is important part to be taken into consideration, you should check the reviews and few more option;
http://electronic-payments.co.uk/product_data.jsp

[joshjones]

I have tried integrating our storefront with lots of various vendors and found authorize.net to be the best selection. It provides the client with the ability to take a credit card through the web interface, say for a phone conversation, it lets you connect easily to it, which is why our storefront chose to integrate with it, plus it gives you easy tools, downloads into quickbooks, etc. and the developer section is nice to work with as well.

Paypal and 2Checkout and such are simply redirections and they do all the work for you, it just depends on what you are looking to possibly integrate with.

Josh Jones

[dave]

I think you should use one more option with paypal like 2checkout, worldpay, chronopay, authorize, these are reputed payment processors, check out who offer you the best price.

[stymiee]

1) Payment gateways and third party processors are two very different things. Your list is a mixture of both.

2) You need to read these two articles. They'll clear everything up for you:

Put your Money where your Mouse Is: 6 Payment Gateways Reviewed
Solve the Payment Processing Problem

[PailyGuy]

Can someone explain a bit more about Authorize.net's fraud prevention? How is this done? Do they screen fraudulent transfers for you?

[stymiee]

The article I mentioned in my post above explains how it works in detail. Give it a read and let us know if you have any questions.

[PailyGuy]

They don't guarantee anything, just assist you in taking the decision whether to approve the transfer, and screen problematic IP after someone's been hit by them, right?

[stymiee]

The gateway definitely doesn't guarantee anything but the tools do help to reduce fraud. Ultimately the decision as to whether a sale is fraudulent is up to the seller.

[StevenAllen]

This goes to the root of my earlier post. Authoriznet allows you to customize their tools including fraud scoring to your particular needs. A merchant selling diamonds does not need the same tools as one selling pet supplies. ***easy on the self promotion please***

-Chris

[stymiee]

Originally Posted by StevenAllen

This goes to the root of my earlier post. Authoriznet allows you to customize their tools including fraud scoring to your particular needs. A merchant selling diamonds does not need the same tools as one selling pet supplies.

Sure they do. Fraud is fraud. Margins are tight for everyone online and chargebacks don't discriminate by product.

[StevenAllen]

Hot fraud items are jewlery, electronics and other designer goods. Many other merchants never see any fraud attempts because there is no resale marketplace for fraudsters.

[stymiee]

Fraud is rampant across all industries online. In fact, 75% of all credit card fraud occurs online. Electronics ans jewelry are your traditional favorites, but online no one is spared as fraudsters see online shops as an easy way to free stuff regardless of its monetary value.

[PailyGuy]

Some tangible goods are more appealing to some fraudsters than others. Small bike parts sellers may see as little as one fraud attempt during their whole carreer, whereas computers, consumer electronics and jewelry, as has been said here before, are more prone to fraud attempts. Everything that is easily resold over the web is being attempted at, even event tickets from ticket brokers, but indeed some verticals are "hotter".

[StevenAllen]

John,

There are over 600 emerchantsGroup members who I speak with and communicate with on a daily basis. Thus, I will say it once again. Yes, fraud is a concern for most merchants, but not for all and your opinion otherwise is simply WRONG!

[stymiee]

You lost any credibility when you said I was wrong. This is a discussion, not a trial.

And I am not wrong. I have been in the merchant account industry for years and have established thousands of merchant accounts. Large acquiring banks bend over backwards for me because I make them a lot of money. I know what I'm talking about.

For you to so easily dismiss online fraud shows how little your knowledge of that topic you possess. You come to WebProWorld to advertise your services but you mislead people with your banter. Do us all a favor and learn more about what you sell. Even better, do it for your current customers as it appears they desperately need the help.

[StevenAllen]

John,

I will not engage in this kind of discussion in the forum as it diminishes all involved. I still think your wrong and if you do not think so that is fine with me.

[dave]

I agree with StevenAllen, Risk are based on the merchants probability of chargebacks and attempt fraud, hence you need an intelligent fraud screening system that enable all transaction in safe and secured environment; High risk business better explained here; merchantaccountblog.com/archives/37