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mangosky
08-08-2004, 14:30
Hi!

I came across this Indian-based (They do have an office in Singapore) 3rd party payment processor.

It does look reliable, in brief their rates as follows::

Set up US$45
Yearly Fee US$60
Trans Fee 5.5% + 0.40
No monthly
7 Day payment cycle
48 hrs USD cheque delivery US$1
Wire Transfer US$10
Rolling Deposit 5% for 180 days

So guys, how what's your take on this?

Aloysius
08-08-2004, 15:56
It's one of the lowest start up, but seems like the other rates are pretty high though.

pingcrisis
08-08-2004, 16:32
Transaction fee seems pretty high.

mangosky
08-08-2004, 18:59
Transaction fee seems pretty high.

The transaction fees for 2CO is 5.5% + 0.45. However there's too much horror stories with 2CO and it's crappy support, I'll stay away from them for now.

And from what I've read in WHT, paysystems no longer accept International clients due to the Patriot Act, hmmm.. what choice do we have other than Worldpay and CCAvenue?

Aloysius
08-08-2004, 21:29
But i thought i'll not feel safe with a name that i've heard only for the first time though.