Here is a list of payment gateways.
· Anacom, Anacom Merchant Services, United States
· Authorize.net, Authorize.net, United States
· Banco Comercial Portugues, Banco Comercial Português, Portugal
· Bank Merchant POS (BMP), Bank of China, China
· Beanstream, Beanstream Internet Commerce, Inc., Canada
· Bibit, Bibit Internet Payments, Netherlands
· Bill4me.com, Facilitate I.T. Inc., Canada
· Biz*Star PX, Shanghai Shared Data Network Co. Ltd (SSDN), Singapore
· Business Gateway Service, WorldCom, Japan
· Buy-Line, Bank of New Zealand, New Zealand
· CAFIS, NTT Data Corp., Japan
· Cambist, Cambist Merchant Solutions, United States
· Camtech, Camtech Corp., Australia
· CCNow, CCNow, Inc., United States
· Chinatrust, Chinatrust Commercial Bank (CTCB), Taiwan, Province of China
· CIBC, Canadian Imperial Bank of Commerce, Canada
· CIPAS Indonesia, PT. CIPAS Indonesia, Indonesia
· CitiBank India, CitiBank India, India
· ClearCommerce, ClearCommerce Corp., United States
· ClickBank, Keynetics Inc., United States
· ClickPay, Professo, LLC, United States
· CMB, China Merchants Bank, China
· Comtrust, Comtrust, United Arab Emirates
· CyberCash, VeriSign Payment Services, United States
· CyberMUT, Groupe Crédit Mutuel, France
· CyberSource, CyberSource Corp., United States
· DataCash, DataCash Ltd., United Kingdom
· DirectLink, Plug 'n Pay Technologies, Inc., United States
· DnB, DnB - Den norske Bank, Norway
· E-Commerce Africa, E-Commerce Africa, Netherlands
· E-Payment, Interactive Worldwide Limited, Australia
· e4Sure, e4asia Inc., Thailand
· EBS, Electronic Billing Systems AG, Germany
· Ecgate, Ecnet, South Africa
· ECHOnline, Electronic Clearing House, Inc.,
· eops, eops AG, Germany
· ePagos, ePagos Merchant Services, United States
· ePDQ, Barclaycard Merchant Services, United Kingdom
· eSec Payment Service, eSec Ltd., Australia
· eStores, Bank of America, United States
· EuroDebit, Moreband Corp. NV, Netherlands Antilles
· FirstEcom, First Ecom, HongKong
· GestPay, Banca Sella S.p.A., Italy
· HDFCBank, HDFC Bank, Ltd., India
· I.N.G, Internet Networking Group, Netherlands
· iBill, Internet Billing Company, Ltd., United States
· IntelliPay, IntelliPay Inc., United States
· IPGS, Visa, United States
· iVeri, eCompany Ltd., South Africa
· JustGiving.com, Justgiving, United Kingdom
· Ka-Chingg and TPG, iPayment Technologies, United States
· Kagi, Kagi, United States
· LinkPoint, CardService International, United States
· LiveProcessor, Paymentplus, Inc., United States
· MultiCards.com, De Postel BV, Netherlands
· NetBanx, NetBanx Ltd., United Kingdom
· Netbilling, Automated Billing Services, United States
· Online Charge, Innuity, Inc., United States
· OrderButton, OrderButton.Net, Inc., United States
· Pago PAY, Pago eTransaction Services GmbH, Germany
· [email protected], Deutsche Bank, Germany
· PayCash.ru, Alkor Group of Companies, Russian Federation
· PayControl, Netcetera AG, Switzerland
· PayFlow, VeriSign Payment Services, United States
· Paymentservice, Paymentservice.at, Austria
· Payments Gateway United States
· PayPal, PayPal, United States
· PaySeal, ICICI ePayments Ltd., India
· PayWare, Trintech Group plc, Ireland
· PayWay, Nobil IT Corporation, Canada
· PlanetPayment, Planet Group Inc., United States
· QPAY and QTILL, QENTA paymentsolutions GmbH, Austria
· QSI Client Class, QSI Payments, Australia
· Secure-e-pay, Global Tele-Systems Ltd., India
· SecurePay, SecurePay Pty Ltd., Australia
· SecureTrading, SecureTrading, United Kingdom
· Setcom, Setcom (Pty) Ltd., South Africa
· SIPS, Siam Commercial Bank PCL., Thailand
· Solo e-payment, Solo Market/Merita Bank Plc, Finland
· Speedpay, E Commerce Group, United States
· SurePay, SurePay LP, United States
· Telecharge Canada, TeleCharge Canada, Canada
· Telecommerce, France Telecom, France
· Thirt, Thirt.com, South Africa
· TOPGate, Shanghai Bankcard Network Services Corp., China
· USA ePay, GorCorp Inc., United States
· VIP, Virbus AG, Germany
· WebCollect, GlobalCollect, Netherlands
· Webmoney.ru, WebMoney Transfer, Russian Federation
· Webpay, Transbank, Chile
· WorldPay, WorldPay plc, United Kingdom
Tuesday, February 24, 2009
Saturday, February 7, 2009
PCI Compliant Credit Card Transactions
As a follow up to our previous post. We are going to get into a little more detail regarding PCI compliant credit card transactions and the storage of credit card numbers.
PCI compliant
As a merchant you need to be PCI compliant, but it doesn't have to be difficult. The storage and transmission of credit card data is regulated by PCI or the Payment Card Industry. What this means is that if you accept credit cards you have to abide by certain rules to protect that data.
PCI Complaint Credit Card Number Storage
PCI says do not store credit card numbers. If you have an e-commerce store or web site that accepts payments do not store those credit card numbers in a database even if they are encrypted. It should go without saying you do not want to send an email to anyone even yourself with the full credit card number visible. So what do you do?
Accepting Credit Cards
In order to accept credit cards for the average merchant you should be using your processors securely hosted payment page. This way the credit card number is not entered in on your site and the number is stored securely. Make sure your processor is PCI complaint.
Off Loading Credit Card Number Storage
For an advanced application you can submit a credit card number for your customer to your processor and it will return an ID. The merchants application can store this ID, when they are ready for another transaction they just send that ID to the processor instead of a credit card number. The merchant doesn't need to store credit card information and is PCI compliant.
PCI compliant
As a merchant you need to be PCI compliant, but it doesn't have to be difficult. The storage and transmission of credit card data is regulated by PCI or the Payment Card Industry. What this means is that if you accept credit cards you have to abide by certain rules to protect that data.
PCI Complaint Credit Card Number Storage
PCI says do not store credit card numbers. If you have an e-commerce store or web site that accepts payments do not store those credit card numbers in a database even if they are encrypted. It should go without saying you do not want to send an email to anyone even yourself with the full credit card number visible. So what do you do?
Accepting Credit Cards
In order to accept credit cards for the average merchant you should be using your processors securely hosted payment page. This way the credit card number is not entered in on your site and the number is stored securely. Make sure your processor is PCI complaint.
Off Loading Credit Card Number Storage
For an advanced application you can submit a credit card number for your customer to your processor and it will return an ID. The merchants application can store this ID, when they are ready for another transaction they just send that ID to the processor instead of a credit card number. The merchant doesn't need to store credit card information and is PCI compliant.
Sunday, February 1, 2009
Merchant Account Fees Part 2
Continuing on with the merchant account fees from our previous post. Remember not all fees are charged from all service providers. These are the most common.
Monthly minimum fee
Sometimes a processor will impose a monthly minimum fee. If the monthly minimum is not met, the merchant is charged up to the monthly minimum to satisfy the minimum fee requirements.
Statement fee
The statement shows how much processing the merchant did and the costs incurred.
It reflects the number of transactions, total dollar volume and average ticket. This is a monthly fixed fee. Normally the statement is $8 to $10.
AVS fees
An Address verification service is used for fraud prevention. It compares the billing address provided by the cardholder with the card issuing bank's records. It verifies that they match.
Normally a 5 to 10 cents per item.
Bankcard authorization and transaction fees
Bankcards issued by Master Card and Visa charge an authorization fee is each time a transaction is sent to the card-issuing bank to be authorized. Normally between 10 cents and 20 cents, plus the interchange cost.
Nonbankcard authorization and transaction fees
American Express, Discover, Diners, and electronic benefits transfer (EBT), gift and loyalty cards.
The authorization fee is charged every time a transaction is sent to the card-issuing bank to be authorized. Normally between 10 to 20 cents.
PIN Based debit fees
Debit cards require that every transaction be electronically authorized. Each transaction is secured with the PIN number. Here is how PIN debits are priced.
If a merchant calls in a transaction for telephone or voice authorization. Normally the cost per voice authorization ranges from $0.75 to $1.50.
Batch fee
Settling, or batching is the act of sending a merchant's transactions at the end of the business day to the bank for payment. Batch fees are normally 10 to 35 cents per settlement.
Online merchant reporting fee
Normally reports are free, included with your virtual terminal, but if not some processors charge for online reporting. It can range from 2.50 to $10 per month.
Terminal repair or replacement
A simple warranty program that extends repair or replacement coverage to POS equipment. Around $5 to $10 per month.
Retrieval fees
When a transaction is disputed, a retrieval request is initiated. This fee is typically charged whether or not the chargeback is successful. Normally the cost is $10.
Chargeback fees
Chargebacks can be $15 to $25, per transaction if successful.
ACH reject fee
The same as an overdraft fee on a paper check. Its the fee imposed on a checking account by a bank when a check bounces, normally its around $25.
Annual fee
The amount charged annually for the merchant account. Not normally charged.
Payment gateway
Gateway fees range from $5 to $20 per month. Some gateways do more than process transactions. They can also store customer sensitive data like credit cards, identity verification and more.
Wireless gateway
Some gateways have a wireless option, that fee may be broken out. These fees are normally part of the gateway fees.
Monthly minimum fee
Sometimes a processor will impose a monthly minimum fee. If the monthly minimum is not met, the merchant is charged up to the monthly minimum to satisfy the minimum fee requirements.
Statement fee
The statement shows how much processing the merchant did and the costs incurred.
It reflects the number of transactions, total dollar volume and average ticket. This is a monthly fixed fee. Normally the statement is $8 to $10.
AVS fees
An Address verification service is used for fraud prevention. It compares the billing address provided by the cardholder with the card issuing bank's records. It verifies that they match.
Normally a 5 to 10 cents per item.
Bankcard authorization and transaction fees
Bankcards issued by Master Card and Visa charge an authorization fee is each time a transaction is sent to the card-issuing bank to be authorized. Normally between 10 cents and 20 cents, plus the interchange cost.
Nonbankcard authorization and transaction fees
American Express, Discover, Diners, and electronic benefits transfer (EBT), gift and loyalty cards.
The authorization fee is charged every time a transaction is sent to the card-issuing bank to be authorized. Normally between 10 to 20 cents.
PIN Based debit fees
Debit cards require that every transaction be electronically authorized. Each transaction is secured with the PIN number. Here is how PIN debits are priced.
- A single flat fee
- A transaction fee plus cost for the debit networks.
If a merchant calls in a transaction for telephone or voice authorization. Normally the cost per voice authorization ranges from $0.75 to $1.50.
Batch fee
Settling, or batching is the act of sending a merchant's transactions at the end of the business day to the bank for payment. Batch fees are normally 10 to 35 cents per settlement.
Online merchant reporting fee
Normally reports are free, included with your virtual terminal, but if not some processors charge for online reporting. It can range from 2.50 to $10 per month.
Terminal repair or replacement
A simple warranty program that extends repair or replacement coverage to POS equipment. Around $5 to $10 per month.
Retrieval fees
When a transaction is disputed, a retrieval request is initiated. This fee is typically charged whether or not the chargeback is successful. Normally the cost is $10.
Chargeback fees
Chargebacks can be $15 to $25, per transaction if successful.
ACH reject fee
The same as an overdraft fee on a paper check. Its the fee imposed on a checking account by a bank when a check bounces, normally its around $25.
Annual fee
The amount charged annually for the merchant account. Not normally charged.
Payment gateway
Gateway fees range from $5 to $20 per month. Some gateways do more than process transactions. They can also store customer sensitive data like credit cards, identity verification and more.
Wireless gateway
Some gateways have a wireless option, that fee may be broken out. These fees are normally part of the gateway fees.
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