I'm curious to what you mean here - are you saying that Costco isn't
compliant? It was my understanding that this setup doesn't store the CC
but rather uses Costco - but maybe I misunderstood.
Dean H. Saxe wrote:
What about the costs of compliance with the PCI DSS standard? Figure
that into your equation before trying to accept credit cards.
-dhs
Dean H. Saxe, CISSP, CEH
[EMAIL PROTECTED]
"What is objectionable, what is dangerous about extremists is not that
they are extreme, but that they are intolerant."
-- Robert F. Kennedy, 1964
On Dec 13, 2006, at 3:06 PM, Mike Staver wrote:
Going way back to 2004 posts here, is there a monthly fee for this?
Derrick Peavy wrote:
Use Costco with CFXNova
1. Join Costco at executive level ($100)
2. Apply for merchant account ($35)
3. You now have a merchant account for $135
4. Download CFXNova for 30 day trial.
5. With CFXNova, you get 2.2% V/MC @ 28 cents per transaction. If you
can
show me a lower rate, I'll buy you a cup of coffee - you can't. This
rate is
for Internet / Mail Order / Telephone. Swipe rates are as low as 1.68%.
6. Using CFXNova and coding for certain parameters, you can get
non-qualified rates down to less than 3%. Non-qualified rates are
basically
business cards and most merchants don't tell you that your non-qualified
rate can be 4% or more.
7. Since you are going directly from your server to the processor
(Nova),
you do not pay a middle man for gateway services as in the case of
Authorize.net, cybercash or other services.
8. I use this solution. So far this year, my sales are at just under
$50,000. My TOTAL credit card costs for the year to date is $1,095.00
or,
2.2% of total sales. That includes everything to do with the credit card
processing. I can assure you that when the dust settles, you will not
realize such a low cost with any other solution.
9. You can download a trial of CFXNova at www.cfxworks.com
_____________
Derrick Peavy
Sales and Web Services
Universal Advertising
http://www.universaladvertising.com
http://www.collegeadvertising.com
http://www.collegeclassifieds.com
___________________________________
From: Tom Chambers <[EMAIL PROTECTED]>
Organization: Chambers Systems
Reply-To: discussion@acfug.org
Date: Fri, 14 May 2004 7:48:12 -0400
To: discussion@acfug.org
Subject: Slightly OT: Credit Card acceptence and processing
Good morning all,
Several questions regarding payments via a website.
1) Are fees fixed or a percentage of the transaction?
2) What are some suggestions for the most reliable/affordable
provider of
merchant transaction processing?
3) Any tips on what types of credit cards to not accept (for any
reason)?
Thanks,
Tom
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-Mike Staver
[EMAIL PROTECTED]
http://www.fimble.com
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