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Thread: Free Merchant Account

  1. #1
    Join Date
    Jan 2006
    Posts
    100

    Question Free Merchant Account

    Is there a merchant account where i can except cc like and dont have to pay a monthly fee like pay pal?????

  2. #2
    Join Date
    Nov 2002
    Location
    Hermantown, MN
    Posts
    1,777
    Paypal does not have a monthly fee so I'm not sure what your talking about. I belive you've been misinformed.

    PayPal is going to take a Percentage of of the sale... However so is any other Processor, however with paypal unlike other processors there is no setup fee and other ongoing fees you only get fees from paypal when you accept money.

    So I'm afraid you want to accept payments via credit cards and want it for free I'm afraid your in for a suprise when your not going to find this is an option anywhere. These companies are accepting the risk of the payment and their other services are worth getting paid for...

    People who want to be in business and not want to pay to play don't stay in business.
    Compguy Pete
    The Benevolent Administrator

    No child should have to deal with a Brain Stem Tumor...
    http://www.OneAna.com

  3. #3
    Join Date
    Dec 2006
    Location
    Castle Pines North, CO
    Posts
    211
    Usually with a third party system or Internet Payment Services Provider (IPSP), there are no monthly fees. And usually with a merchant account, there is no set-up fee, but usually a $10-$20 a month fee.

    The gateway might have a set up fee, anywhere from $25- $300. Some gateways won't charge you a transaction fee (on top of the transaction fee that the merchant account provider will charge). Some gateways might be a bit more expensive monthly but give you so many transactions a month for free. This sometimes is cheaper if you have a lot of transactions.

  4. #4
    Join Date
    Jan 2006
    Posts
    100
    thanks.... anyone else

  5. #5
    Join Date
    Aug 2006
    Posts
    1,886
    Quote Originally Posted by q-live
    thanks.... anyone else
    Sure. I agree with Pete and Corey.

    Dave

  6. #6
    Join Date
    Jun 2007
    Posts
    4
    Have a look into Google checkout - it's free until next year although they take a 1.5% cut of all transactions

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