Hey all,
Sorry if this doesn't belong here.
I'm new to ecommerce and have helped my customer set it up. We are
using the authorizeNet processing. Is there someway to know all the
fees associated with ecommerce business? We currently get invoiced
by: Millenium Bank Services, AuthorizeNet and
Hey all,
Sorry if this doesn't belong here.
I'm new to ecommerce and have helped my customer set it up. We are using the
authorizeNet processing. Is there someway to know all the fees associated with
ecommerce business? We currently get invoiced by: Millenium Bank Services,
AuthorizeNet
]
To: CF-Talk cf-talk@houseoffusion.com
Sent: Friday, February 18, 2005 9:53 AM
Subject: SOT - Ecommerce
Hey all,
Sorry if this doesn't belong here.
I'm new to ecommerce and have helped my customer set it up. We are using
the authorizeNet processing. Is there someway to know all the fees
I'm new to ecommerce and have helped my customer set it up. We are using
the authorizeNet processing. Is there someway to know all the fees
associated with ecommerce business?
We currently get invoiced by:
Millenium Bank Services, AuthorizeNet and Concord Payment Systems. This
is a bit
- Original Message -
From: Chris Tilley [EMAIL PROTECTED]
To: CF-Talk cf-talk@houseoffusion.com
Sent: Friday, February 18, 2005 9:53 AM
Subject: SOT - Ecommerce
Hey all,
Sorry if this doesn't belong here.
I'm new to ecommerce and have helped my customer set it up. We are using
Hey Chris,
I'm in Canadaand any Canadian customers we do work for use Canadian
processors (and there are some significant differnces between the Canadian
and US banking system and features available for online card processing).
It's also usually our clinets that find the best deal after we
Bryan or anyone else have any recommendations of a good company to
handle all this with minimal cost? I want to do some comparisons. We
selected Millenium only because of referral and I really don't know if
we are getting a deal (avg fees) or getting taken for a ride?
Usually, you find the
Bryan or anyone else have any recommendations of a good company to
handle all this with minimal cost? I want to do some comparisons. We
selected Millenium only because of referral and I really don't know if
we are getting a deal (avg fees) or getting taken for a ride?
This will explain all
:[EMAIL PROTECTED]
Sent: Friday, February 18, 2005 1:58 PM
To: CF-Talk
Subject: Re: SOT - Ecommerce
Bryan or anyone else have any recommendations of a good company to
handle all this with minimal cost? I want to do some comparisons. We
selected Millenium only because of referral and I really
-talk@houseoffusion.com
Sent: Friday, February 18, 2005 9:53 AM
Subject: SOT - Ecommerce
Hey all,
Sorry if this doesn't belong here.
I'm new to ecommerce and have helped my customer set it up. We are using
the authorizeNet processing. Is there someway to know all the fees
You don't always need all of these players. Right know, I have my credit card
account with Northern Trust and they've hired an electronic provider
(ADP/Chase) that we use to process transactions. We do not have any additional
fees besides the rate we negotiated with our bank. The majority of
You don't always need all of these players. Right know, I have my credit
card account with Northern Trust and they've hired an electronic provider
(ADP/Chase) that we use to process transactions. We do not have any
additional fees besides the rate we negotiated with our bank. The
majority
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,
18, 2005 4:46 PM
Subject: RE: SOT - Ecommerce
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
That may be in the fine print. But we only have a single account for both
transactions. I believe it is more dependent on your bank.
Card not present transactions have a higher risk since charges can be rejected
for up to 6 or 9 months and the merchant has very limited recourse. So during
Actually, they do cost less, since the bank negotiates with the processing firm
for a significantly larger chunk of the business and also excepts all of the
credit risk. This processing is part of being a bank, so they really can't
mark it up in an uncompetitive fashion. But, as I mentioned
There's a lot of incorrect information being tossed about here -- but
that's understandable because it's a seemingly complicated subject that
no one ever seems to explain well enough. That's why I created this page
on our site:
You replied to my message, so I assume you're referring to my
Actually, they do cost less, since the bank negotiates with the processing
firm for a significantly larger chunk of the business and also excepts all
of the credit risk. This processing is part of being a bank, so they
really can't mark it up in an uncompetitive fashion. But, as I mentioned
Sent: Friday, February 18, 2005 5:37 PM
Subject: RE: SOT - Ecommerce
There's a lot of incorrect information being tossed about here -- but
that's understandable because it's a seemingly complicated subject that
no one ever seems to explain well enough. That's why I created this
page
on our
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