Need a solution for online payment processing?
We are a new merchant planning on launching an online auction website. Our business falls into higher risk category because it is an online auction plus it involves reserve deposit, capture deposit, and then transfer of deposit. My boss wants me to come up with a solution for the payment process by the end of the week. Our business model violates the rules of various third party processors such as Amazon FPS, Braintree, etc. Authorize.net has APIs to support our business model but I am yet to receive a reply from them. Paypal and GoogleCheckout are off the list because of bad reviews.
The problem is I am not 100% clear on issues such as PCI compliance, how to store the credit card information, etc (I just recently learned about merchant accounts and gateways). What would be a good place to start? How should I go about with my research? Any suggestion would be very helpful(By the way, although my boss is from US I am from Asia so it is not possible for me to make phone calls to various providers. I am trying to communicate with them through emails)
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2 comments
Jack on April 24, 2010 at 6:18 am
If you are to be dealing with lots of international transactions as well as large sums of money, I would recommend you checking out Global Collect and talking with one of their agents to see if they offer the services you will be needing.
balsmin on April 24, 2010 at 6:18 am
Not the right forum. I guess you do not use internet much. Keep searching for related forums, you will get it. Just need to put more time. yahoo answers may not help with high tech question.