The Cost Of Doing Business Online
Date: 22/2/2006
How much does it cost to take payments online?

processor base perc signup $20 $50
paypal $0.30 3.40% $0.00 $0.98 $2.00
kagi $1.00 2.50% $0.00 $1.50 $2.25
2co $0.45 5.50% $49.00 $1.55 $3.20
esellerate 10.00% $0.00 $2.00 $5.00
plimus 10.00% $0.00 $2.00 $4.50
swreg $1.00 6.00% $0.00 $2.20 $4.00
regnow $1.00 6.90% $19.95 $2.38 $4.45
shareit $2.95 5.00% $0.00 $3.95 $5.45

These are some popular payment processing sites. There are more listed here but most are expensive. Some people hate paypal, and with good reason most of the time, but still they do right by a business fee wise. I'm toying with using 2co as a 2nd option. I have used Kagi in the past, and the fees are low but access to your money is expensive and difficult compared to PayPal, and they seemed to have issues with fraud. I went backwards some months. Some people would rather rip you off than find a serial on the 'net somewhere. There fruadulant key ends up being banned in all future releases of the software anyway, so they get just 1 release of InScribe forever for all their efforts. Dumb crims.

Anyway, thought I'd share the list.
23/02/2006 11:54am
What about moneybookers? I don't know how it is from sellers' side, but as a client I'm more than happy with it.

23/02/2006 9:26pm
Chris: The fee for a merchant getting credit card payments is 8%, which is certainly not competitive according to the list I made, although it's not the worst either. I'm primarily interested in accepting credit cards at this point, which PayPal kinda does, but people are scared of PayPal hence I want a second option.
Email (optional): (Will be HTML encoded to evade harvesting)
Remember username and/or email in a cookie.
Notify me of new posts in this thread via email.