credit card/ paypal virtual machine

[soapbuddy]

I use Propay and a knuckle buster that I bought on e bay. I haven't had a problem yet.

 

[Guest]

When taking down a customer's info, have you ever ran into a situation where the card wasn't any good? You wouldn't be able to tell, until later on.

Yes, I have --that's why it's important to get customer contact info.
They usually give you a different card number -- honest about it.

Signatures are also important (if you're with the customer) because
when a transaction is taken off their cc and there is a dispute -- the first
thing the cc company asks for is the signed receipt.

People "sell" cc merchants accounts just like everything -- there are good
companies and rip-off companies. Your bank usually has high rates because
the bank is selling it and getting a markup off you.

Sometimes, you don't have many choices as a new business or as a
home-based business -- rates are higher under those circumstances.

PS Virtual terminals actually process the card on the spot and must have
some type of electronic connection. The "card slider" is totally
mechanical and can be used anywhere (I often vended in the middle
of no where and there was no phone service).

 

[rubato456]

don't you also need either a phone line or internet connection, in addition to an electric line?

 

[rubato456]

i just signed up for propay and i'm very excited! the annual fee is 29.95 that's it! of course its the approx 3.0% fee for each transaction plus a small fee to transfer the $$ from your propay acct to your bank acct, but i think it's the best deal going......i'm very very excited! i was approved in a minute or so!

quickbooks wanted 12.95/mo plus 59.95 activation fee. i applied for an acct w/ then but i will not activate it and i will cancel it if i can.

 

[Saltysteele]

That's awesome!

keep us updated on how it works out!

so, you just get their numbers and info and run it later?

 

[rubato456]

yes acc to them you have 72 hrs to run the cc after the transaction. you have an acct and you log on your computer. if you have computer access at the time of the transaction, you can run it then. otherwise write name, zip code, charge number and exp date on the slip and take it home. there is a long agreement which i read and understood most of.....some i did not. but it looked reasonable