What's the best online payment processing solution?

epi0Bauqu · on Aug 10, 2007

See:

http://news.ycombinator.com/item?id=33322

http://news.ycombinator.com/item?id=33505

http://news.ycombinator.com/item?id=12010

http://news.ycombinator.com/item?id=5303

jmpeters · on Aug 10, 2007

Great info, thanks.

Paysimple looks pretty good: http://www.paysimple.com/competitors.html . Anyone have any first-hand experience with it?

epi0Bauqu · on Aug 10, 2007

As I noted in one of those links, I've had success with Cybersource in the past. Their small business division is pretty competitive. For recurring payments, I just stored the cards encrypted and re-billed when necessary. It really wasn't too difficult or time consuming.

augustus · on Aug 10, 2007

i have some experience with this.

i researched a lot of payment gateways such as authorize.net but decided against it because they have a lot of fixed costs which you can only recuperate with high volume.

Also online processors have a lot of procedures, credit checks etc. which is a lot of pain.

I went with paypal but had a lot of trouble with theiragent when dealing with fraud.

I would probably try amazon if I was doing it today.

Once you have an established volume you can switch to a dedicated service like authorize.net. Until then it is better to pay per transaction.

Regards.

-Augustus

ivankirigin · on Aug 10, 2007

People seem to like PayPal, and are used to the checkout process. I'd also like to hear about how customizable it is, as I'll be working on it in a few weeks.

zviband · on Aug 10, 2007

amazon's new flexible payments system

rrival · on Aug 10, 2007

Fwiw, FPS, while progressive in comparison to PayPal in that its % cut increases as Amazon's costs do, is, unfortunately, limited to US customers at the moment.

iamyoohoo · on Aug 10, 2007

I've used authorize.net in the past. They were recently acquired by cybersource.