Reseller Hosting Account Holders who are selling resources of the CPWebHosting online - they are having the ability to accept credit cards.by accepting credit cards either in a online their sell of web hosting accounts, will increase anywhere from 50-1000%. If you are selling a web hosting online it is an absolute necessity to accept credit cards.
The following are some things to look for when you are talking to a credit card processing company;
1) Will they charge an upfront application fee?
Most companies will charge a $25.00 upfront application fee.It is a not a variable amount and many vary from different domains.
Most companies will charge a $25.00 upfront application fee.It is a not a variable amount and many vary from different domains.
2)Do they charge a set up fee?
This fee varies between processing companies and the type of products you are selling. Again, our research came up with some companies that charged a zero set up and some companies charge as much as $195.00. The type of product that you are selling will have an effect on what the set up charge is.
This fee varies between processing companies and the type of products you are selling. Again, our research came up with some companies that charged a zero set up and some companies charge as much as $195.00. The type of product that you are selling will have an effect on what the set up charge is.
3)What is a virtual terminal?
It operates under they same technology as when you go into a store and the counter person swipes your credit card through a machine. The only difference is your customers enter their credit card number in the computer. 8-10 seconds later the sale of web hosting account is complete and you receive notification via e-mail.
It operates under they same technology as when you go into a store and the counter person swipes your credit card through a machine. The only difference is your customers enter their credit card number in the computer. 8-10 seconds later the sale of web hosting account is complete and you receive notification via e-mail.
4)What are the customary rates and monthly fees?
Again we can't stress enough doing your homework. We have seen discount rates of 2.29% -6.95% again depending on the type of products/services being sold. Monthly statement fees of $10- $20. Transaction fees range from .25-.95 per transaction. (this is not a per item fee, but for the entire transaction). Charge backs range in price from$15-$25 each.
Again we can't stress enough doing your homework. We have seen discount rates of 2.29% -6.95% again depending on the type of products/services being sold. Monthly statement fees of $10- $20. Transaction fees range from .25-.95 per transaction. (this is not a per item fee, but for the entire transaction). Charge backs range in price from$15-$25 each.
Note: Resellers are advised to go for the local bank for their merchant accounts.