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New Contributor
sandrachicago
Posts: 60
Registered: ‎02-08-2013

Credit card processing for online store without PG??

Is it possible to get online credit card processing without PG for a new business?

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Valued Contributor
myjourney
Posts: 23,485
Registered: ‎02-07-2013

Re: Credit card processing for online store without PG??


sandrachicago wrote:

Is it possible to get online credit card processing without PG for a new business?


If I remember right you operate out of your home swipe fee's can get expensive so here's a alternate you may be interested in 

Squareup.com  Attach to mobile phone and only 2.75 per swipe no other cost and the reader is free

 

Start up cost for a new business can get out of hand sometimes so just throwing it out there until your more established.

 

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Established Contributor
scenery_guy
Posts: 931
Registered: ‎07-24-2012

Re: Credit card processing for online store without PG??

I use square but I carry the reader around with me to clients who want to swipe a card. I do not know if you can integrate it into a web store. I like it very much but I do not use it that often. I know the fees are higher if you have to manually enter the card info and there are $ caps of the amounts that can be entered that way. I just swipe as the fees are cheaper. 

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Valued Contributor
myjourney
Posts: 23,485
Registered: ‎02-07-2013

Re: Credit card processing for online store without PG??


scenery_guy wrote:

I use square but I carry the reader around with me to clients who want to swipe a card. I do not know if you can integrate it into a web store. I like it very much but I do not use it that often. I know the fees are higher if you have to manually enter the card info and there are $ caps of the amounts that can be entered that way. I just swipe as the fees are cheaper. 


I have one too and it does come in handy when i'm in the field and a client want to make a deposit.

I also bill the transaction fee so i'm not losing anything.

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Creditaddict
Posts: 16,847
Registered: ‎10-23-2007

Re: Credit card processing for online store without PG??


sandrachicago wrote:

Is it possible to get online credit card processing without PG for a new business?


Just like Square basically everyone has a reader now so who do you bank with?

PayPal would work online and then also has a swipe reader for your cell you can order.

my friend has a Bank of America one (I don't know costs, just know it looks the same)

I recently saw one from Costco partner (fees were not that good, I rather do PayPal or Square... I LOVE Square because I feel like they were one of the first and they deposit into my account usually next day if it's Swiped... if you are going to do a lot of key entry then I would search around because most of these mobile readers put 30 day holds on non swiped transactions after like $1000 or something if even that high. but if swiping, no issue!

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New Contributor
sandrachicago
Posts: 60
Registered: ‎02-08-2013

Re: Credit card processing for online store without PG??

Thanks for your input. I need mostly online processing, anyone used Intuit Credit card processing by Quickbooks? They just ask for last 4 soc sec numbers for identity verification...

Swipe rate 1.95%

 

Keyed rate 2.98%

 

Setup fee $0

 

Per authorization fee 30¢

 

Monthly fee $12.95  (FREE for 2 Months)
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Regular Contributor
Give_Me_Credit_Please
Posts: 232
Registered: ‎12-11-2012

Re: Credit card processing for online store without PG??

I have a small business and been processing cc for a while now and had different merchant processing company. Everytime I had to not only give them my business info including ein# but also they need somene from the company's info as well including your ssn#. They do run a check but I believe it's not like a HP and I also they want to make sure you didn't burn any other processor. My credit was very bad at the time and I was approved no problem.

 

     I'm not a fan of the square for several reasons, In my business it doesn't look professional to run a customer's cc on my cellphone, I can't print out a receipt right away for them to sign even though I can send through their email and I believe they have a set rate at 2.5% no matter what type of cards you run. For example, if I run a customer's credit card that is a debit, it's only .05%, if customer has a rewards card then it's from 1.5% - 3.5%, if it's an amex then it's 3.5%, if I run a business card then it's from 1.5% - 3.5%. So many times I would run a card that is less then 2.5%. So it has it's pros and cons but for me it makes more sense for my type of business.

New Visitor
BradleyLewis
Posts: 1
Registered: ‎02-23-2014

Re: Credit card processing for online store without PG??

You can get best credit card processing services at http://www.payscout.com/merchant_services.htm according to your business need. I highly recommend this because I use this payment gateway for my business.

Valued Member
sadiespapa
Posts: 46
Registered: ‎10-25-2013

Re: Credit card processing for online store without PG??

I used shopify for a website I built for a lady. Starts at $14 a month and then like 3% per online transaction. Manages inventory and has lots of themes for you to build your site in. I was able to hook it up with a domain we already owned at go-daddy. Used the store owners name to set it up, all online, no talk of personal guarantee. 

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