| This article reviews following companies:
I Credit Card Processing - Verotel
II Credit Card Processing - CCBill
III Credit Card Processing - iBill
IV Credit Card Processing - V-Share
V Credit Card Processing - ClickBank
VI Credit Card Processing - Share-It!
VII Credit Card Processing - Glo-Bill
VIII Credit Card Processing - Verza
IX Credit Card Processing - CCNow
X Outsourced vendor solution - 2Checkout
Verotel
Verotel accepts customers who offer software or content. Verotel processes payments with a minimum of $3.75 and a maximum of $75 per transaction. They support per minute billing and recurring billing. They also provide you with an affiliate program.
| Setup |
Free |
| Orders By |
Credit cards, online checks, 1-900 phone billing, direct debit |
| Credit Card Processing / Transaction Fees |
Cards and checks: 13.0% - 14.0%
or $1.95 + (6.5% - 7.5%) (see their Web site for details)
Telephone billing: 20-30% |
| Fee ($5/$20/$75 item) |
$0.68/$2.70/$7.20 |
See their Web site for more information on possible charges per minute and 1-900 telephone billing.
Verotel holds 10% of all transactions as a reserve for 6 months.
Webmasters don't pay for chargeback fees, although the base percentage rate will be slightly affected by overall chargeback percentage.
Payments every week, every two weeks or every four weeks.
CCBill
This free credit card processing company accepts customers who sell Web site content or services. It offers recurring billing and referral program.
| Setup |
Free |
| Orders By |
Credit cards |
| Credit Card Processing / Transaction Fees |
13.5% hosting clients, 14.5% non-hosting clients. |
| Fee ($5/$20/$100 item) |
$0.73/$2.90/$14.50 |
Only issues checks.
CCBill holds 5% of the total revenues for a period of 26 weeks.
Payments every 7 days.
iBill
iBill helps you sell tangible or intangible products. It offers recurring billing and affiliate management. iBill processes payments with a minimum of $2 and a maximum of $100 per transaction.
| Setup |
Free |
| Orders By |
Credit cards, online checks, 1-900 phone billing |
| Credit Card Processing / Transaction Fees |
Credit cards: 15% for up to $10,000 total revenue for billing period. Graded reductions for increases in volume.
Online checks: 15%.
Telephone billing: 20-35% |
| Fee ($5/$20/$100 item) |
$0.75/$3.00/$15.00 |
See Web site for more details.
They require you to send fax to sign-up for the service.
iBill holds 10% of all transactions as a reserve for 6 months.
If chargebacks exceed 2.5%, a $15 fee is assessed with each chargeback.
Payments twice per month.
V-Share
V-Share is the free credit card processing service for shareware authors.
| Setup |
Free |
| Orders By |
Credit cards, money orders, checks, cash, phone, fax or mail |
| Credit Card Processing / Transaction Fees |
$3 + 3%;
20% if price is less than $15;
$2 + 4% if price exceeds $100 |
| Fee ($5/$20/$100 item) |
$1.00/$3.60/$6.00 |
They issue checks in US Dollars.
USA money transfer $21, International wire transfer $40.
A chargeback fee of $20 per transaction applies when a transaction is charged back by your customer's bank.
Payment once per month.
ClickBank
ClickBank accepts customers who offer digital products and services that are delivered entirely over the Internet itself (via Web pages, files, or email). Your products are promoted through their network of over 100,000 online affiliates. You select an affiliate commission percentage in advance.
| Setup |
$49.95 |
| Orders By |
Credit cards, debit cards, online checks |
| Credit Card Processing / Transaction Fees |
$1 + 7.5% |
| Fee ($5/$20/$100 item) |
$1.38/$2.50/$8.50 |
Only issue checks. Charge $2.50 to process and send check.
Withhold 10% of each check which is released after about 90 days.
Payments twice per month.
ShareIt!
This 3rd party credit card processing company helps you sell software and shareware via the Internet.
| Setup |
Free |
| Orders By |
* Credit cards, money orders, bank/wire transfer, check, cash |
| Credit Card Processing / Transaction Fees |
$2.95 + 4%;
starting with the 1000th order of each month: $1.95 + 4% |
| Fee ($5/$20/$100 item) |
$3.15/$3.75/$6.95 |
You can choose between US Dollars, Euros, or Pounds Sterling for payment by bank transfer, check, or direct deposit in the USA.
Fees for issuing monthly payments to you:
Transfer to your account (bank transfer): $2 (Germany = free)
Mailing a check: $5 (USA = free)
Direct Deposit (USA only): free
Glo-Bill
This free credit card processing company accepts customers who sell membership. You can set your prices between $1.95 and $59.95. They also provide you with a referral program.
| Setup |
Free |
| Orders By |
Credit cards, online checks, phone billing |
| Credit Card Processing / Transaction Fees |
15.95% |
| Fee ($5/$20/$100 item) |
$0.80/$3.19/$15.95 |
Only issue checks.
Glo-Bill holds 5% (10% for earning over $5,000 bi-weekly) of all transactions as a reserve for 6 months.
Payments twice per month.
Verza
Verza accepts customers who offer real products, either physical goods or tangible services, but not software or content. Verza processes payments with a minimum of $5 and a maximum of $500 per transaction.
| Setup |
Free |
| Orders By |
Credit cards, debit cards, online checks |
| Credit Card Processing / Transaction Fees |
All product sales: $0.99 + 4.9% |
| Fee ($5/$20/$100 item) |
$1.24/$1.97/$5.89 |
A chargeback fee of $15 per transaction applies when a transaction is charged back by your customer's bank.
Payments twice per month.
CCNow
This credit card processor focuses on selling tangible merchandise that will be shipped to online shoppers.
| Setup |
Free |
| Orders By |
Credit cards |
| Monthly Cost |
USA - $9.95 + 9% of your total sales in excess of $100.00
International - $11.95 + 11% of your total sales in excess of $100.00 |
They issue checks in US Dollars (free).
Direct Deposit (USA only): free.
Wire Transfer: $40.
A chargeback fee of $10-80 per transaction applies when a transaction is charged back by your customer's bank.
Reserve Funds are used if your sales earnings exceed $1000 in one semi-monthly pay period. See Web site for more details.
Payments twice per month.
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Article navigation:
I Credit Card Processing - Verotel
II Credit Card Processing - CCBill
III Credit Card Processing - iBill
IV Credit Card Processing - V-Share
V Credit Card Processing - ClickBank
VI Credit Card Processing - Share-It!
VII Credit Card Processing - Glo-Bill
VIII Credit Card Processing - Verza
IX Credit Card Processing - CCNow
X Outsourced vendor solution - 2Checkout
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