Microsoft Office Tutorials and References
In Depth Information
iTransact is a US-based payment gateway; unfortunately its does not have its prices
listed on its website and instead requests that you complete a simple online form to
get a quote tailored to your needs: http://www.itransact.com/merchant/prices.
PayPal is an International payment gateway owned by eBay Inc. It is one of the most
popular payment gateways; it is used as the primary payment method for companies
such as eBay and Skype. The fees charged depend on which country your business
is based in and the total received monthly funds. There are no setup or monthly fees,
and its per transaction costs range from 1.9% to 2.9% plus USD$0.30.
A merchant account is not needed to set up a PayPal account; this combined with
the absence of set up or monthly fees make PayPal a very popular option. More
information is available on PayPal's website: www.paypal.com .
WorldPay is a UK-based payment gateway owned by the Royal Bank of Scotland
Group ; it has set up costs of USD$399 and monthly fees of USD$50. Per transaction
costs include a USD$0.40 charge plus from 3.25% to 5.25%. More information on its
costs can be found on its website: http://www.worldpay.com/usa/sme/content.
Payment Gateways Overview
The table below gives an overview of the different payment gateway options that
Doug has for his site:
Varies by reseller
Easier to get a
plan more suited
to your business
depending on the
Cash on delivery
14% for credit
card and 10% for