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   Message 7,629 of 8,306   
   Some Guy to All   
   Credit-card processors - who do you use?   
   07 Jun 10 19:15:05   
   
   XPost: can.internet.highspeed, can.general   
   From: Some@Guy.com   
      
   We used some RBC facility when we needed to process the odd credit-card   
   payment up until maybe 2004, when we switched to Moneris (which is   
   partly owned by RBC).  We do anywhere from 2 to 4 charges per month -   
   divided between Mastercard and Visa.  The typical charge can range from   
   $500 to $5,000.  It's always a telephone order - we never see the card.   
   99% of the time it's a US customer.   
      
   The fees that Moneris is charging is getting out of hand.  $35/month   
   just to "rent" the keypad / swiper, $10 account fee, and now some bogus   
   $10 fee (each) for Visa and Mastercard.  Their overhead is like 3% or   
   4%.   
      
   Anyone here have any experience with the other 5 or so major credit-card   
   processors that operate in Canada - or the dozen or so tier-2   
   processors?  This whole industry is a scam if you as me.   
      
   I'm seriously looking at Paypal for this.  $35 / month, no machine   
   needed, and a straight 2% to 3% overhead and 30 - 40 cents per   
   transaction.   
      
   Comments?   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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