> I highly recommend that you find a bank and use the service that they
> provide.  If you start with the 3rd party, you of course are going to have
> an additional level of fees.

By level, you mean that it will be broken down more, not that they will
necessarily cost less, correct?

> Otherwise, your bank should have a workable
> solution with the service company that they use.

I've only worked with a couple of dozen companies in this respect, but it's
been my experience that most banks do not offer payment gateways. Those that
do generally have very convoluted solutions that are not very friendly in
shared hosting environments. I much prefer the https based payment gateways
offered by companies like Authorize.Net.

> They will bundle all of
> the fees into a single rate that you might be able to shop, depending on
> how long your merchant has been in business and the average size of their
> transactions.

One of the difficulties in determining the best solution is definitely the
convoluted pricing schemes including setup fees, monthly fees, transaction
fees, transaction limits, monthly limits, monthly bases, etc. Not too long
ago, I tried to create a spread sheet of various types of payment solutions.
I came to the conclusion that it couldn't represent it in two dimensions. :)

Seriously, though, I found that I had much better luck calling companies and
talking to human beings than relying on their Web sites. And I'm a person
who hates talking to sales people.

Ben Rogers
http://www.c4.net
v.508.240.0051
f.508.240.0057


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