SitePoint Sponsor

User Tag List

Results 1 to 18 of 18
  1. #1
    SitePoint Addict fabrizio's Avatar
    Join Date
    Oct 2002
    Location
    California
    Posts
    365
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)

    About VerySign...

    Hello,
    I am considering to implement VerySign as credit card processor on my website, so I'd like to know the experience of who is already using it.

    I'd like above all to know:

    1 - How much it is reliable

    2 - How its support is working


    Any advice and testimonial is very welcome.

    Thank you in advance.

    Sincerely,
    Fabrizio Ferrari
    Virtual Sheet Music®, Inc.
    http://www.virtualsheetmusic.com
    Musicians Page
    http://www.musicianspage.com

  2. #2
    SitePoint Wizard silver trophy
    beley's Avatar
    Join Date
    May 2001
    Location
    LaGrange, Georgia
    Posts
    6,117
    Mentioned
    3 Post(s)
    Tagged
    0 Thread(s)
    We have used just about every payment processor out there over the years, including Verisign. The features of the PayflowPRO system are great, and I never had a single problem with their support. We just left to go with an Authorize.net reseller because the price was right. We were using our bank and Verisign, which was charging us about 1/3 too much. Just check around, and get the best prices.

    Don't overlook Authorize.net either, it's a great processor and we've been using them for several years now. Our reseller is www.totalmerchantservices.com, if you're doing a decent amount of business they can offer you serious discounts on your rates.

    Best of luck...

  3. #3
    SitePoint Addict fabrizio's Avatar
    Join Date
    Oct 2002
    Location
    California
    Posts
    365
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Thank yout Beley for your reply.

    So, do you left VerySign for a reseller of Authorize.net because you spend less there? I saw on the Total Merchant Services site that they apply the following rates:

    2.40% of discount (what does it mean?)

    $0.35 per transaction

    $10 monthly statement fee

    Are they your current paid rates? Also, are you able to accept electronic checks?

    Thank you for your information and kindness.

    Sincerely,
    Fabrizio


    Quote Originally Posted by beley
    We have used just about every payment processor out there over the years, including Verisign. The features of the PayflowPRO system are great, and I never had a single problem with their support. We just left to go with an Authorize.net reseller because the price was right. We were using our bank and Verisign, which was charging us about 1/3 too much. Just check around, and get the best prices.

    Don't overlook Authorize.net either, it's a great processor and we've been using them for several years now. Our reseller is www.totalmerchantservices.com, if you're doing a decent amount of business they can offer you serious discounts on your rates.

    Best of luck...
    Virtual Sheet Music®, Inc.
    http://www.virtualsheetmusic.com
    Musicians Page
    http://www.musicianspage.com

  4. #4
    SitePoint Wizard silver trophy
    beley's Avatar
    Join Date
    May 2001
    Location
    LaGrange, Georgia
    Posts
    6,117
    Mentioned
    3 Post(s)
    Tagged
    0 Thread(s)
    Those rates are close, but we don't pay the published rates because of our sales volume. Once you get over a certain amount in monthly volume you start getting discounts off the basic rates. Still, those rates aren't that bad.

    We have the ability to accept checks but haven't started yet... right now we accept Visa, Mastercard, Discover (separate signup), Amex, and Paypal (seperate alltogether).

  5. #5
    Texan at Heart Corey Bryant's Avatar
    Join Date
    Sep 2003
    Location
    Castle Rock, CO
    Posts
    2,491
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    2.40% discount rate is what you charged for that transaction . Meaning if the total is $100, then the processor pulls $2.40 from your total. And then pull the $.35 transaction rate.

    You also need to find out if they charge a statement fee, an AVS fee, a batch fee. These are usually basic, some are "waived" but they might make them up somewhere else.

    With you being based overseas, it might be a little more difficult. To have a US merchant account, you do need a US bank account & a US address at least. Some processors will also require you have a SSN (Social Security number) and / or a EIN (Employer Identification Number).

    If your sales volume is higher - you should get a discount.

  6. #6
    SitePoint Addict fabrizio's Avatar
    Join Date
    Oct 2002
    Location
    California
    Posts
    365
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Thank you for your replies.

    Corey, I have a US based checking account as well a US address for such account. Do you think this is enough to have a Merchant Account? Unfortunately I have not SSN because I am Italian and have not a green card (yet...). My business is going anyway great with over 1,500 transactions per month and with over 90% of US customers.

    Thank you.

    Fabrizio.


    Quote Originally Posted by Corey Bryant
    2.40% discount rate is what you charged for that transaction . Meaning if the total is $100, then the processor pulls $2.40 from your total. And then pull the $.35 transaction rate.

    You also need to find out if they charge a statement fee, an AVS fee, a batch fee. These are usually basic, some are "waived" but they might make them up somewhere else.

    With you being based overseas, it might be a little more difficult. To have a US merchant account, you do need a US bank account & a US address at least. Some processors will also require you have a SSN (Social Security number) and / or a EIN (Employer Identification Number).

    If your sales volume is higher - you should get a discount.
    Virtual Sheet Music®, Inc.
    http://www.virtualsheetmusic.com
    Musicians Page
    http://www.musicianspage.com

  7. #7
    Texan at Heart Corey Bryant's Avatar
    Join Date
    Sep 2003
    Location
    Castle Rock, CO
    Posts
    2,491
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    For us - yes. There are other problems though.. Meaning the discount rate is somewhat higher and they hold on to your money for about a week. You are also limited to about $10,000 a month in processing.

  8. #8
    SitePoint Addict fabrizio's Avatar
    Join Date
    Oct 2002
    Location
    California
    Posts
    365
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by Corey Bryant
    For us - yes. There are other problems though.. Meaning the discount rate is somewhat higher and they hold on to your money for about a week. You are also limited to about $10,000 a month in processing.
    Really there is a limit of $10,000 a month on www.totalmerchantservices.com ? How this can be possible? I don't find such limit stated on their pages...

    Thank you for your advices and testimonials!

    Sincerely,
    Fabrizio
    Virtual Sheet Music®, Inc.
    http://www.virtualsheetmusic.com
    Musicians Page
    http://www.musicianspage.com

  9. #9
    Texan at Heart Corey Bryant's Avatar
    Join Date
    Sep 2003
    Location
    Castle Rock, CO
    Posts
    2,491
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Remember fabrizio, I said for us - I was not speaking of them. Each processor is different. Most will require a SSN or an EIN. We do not. If you did have a SSN or an EIN, the rules & regulations would be slightly more laxed.

  10. #10
    SitePoint Addict fabrizio's Avatar
    Join Date
    Oct 2002
    Location
    California
    Posts
    365
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by Corey Bryant
    Remember fabrizio, I said for us - I was not speaking of them. Each processor is different. Most will require a SSN or an EIN. We do not. If you did have a SSN or an EIN, the rules & regulations would be slightly more laxed.
    Thank you Corey for your reply and sorry for my confusion. I didn't understand you talked about your service. Well, to have not a SSN is actually a problem... I am doing a great business and I have difficult to find a company who give me a merchant account... any suggestion is always very welcome.

    In the meantime I will look around.

    Thank you for your kindness and time.

    Sincerely,
    Fabrizio Ferrari
    Virtual Sheet Music®, Inc.
    http://www.virtualsheetmusic.com
    Musicians Page
    http://www.musicianspage.com

  11. #11
    Texan at Heart Corey Bryant's Avatar
    Join Date
    Sep 2003
    Location
    Castle Rock, CO
    Posts
    2,491
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Well I do know that we do. We actually just signed up a few in the last few months. There are other restrictions as I pointed out.

    The other option, you could review Worldpay as well & see what they can offer. or check out Paysystems (Jacker) on here, they might be able to provide a merchant account as well.

  12. #12
    SitePoint Addict fabrizio's Avatar
    Join Date
    Oct 2002
    Location
    California
    Posts
    365
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by Corey Bryant
    Well I do know that we do. We actually just signed up a few in the last few months. There are other restrictions as I pointed out.

    The other option, you could review Worldpay as well & see what they can offer. or check out Paysystems (Jacker) on here, they might be able to provide a merchant account as well.
    Thank you Corey for your information. I will contact your suggested services.

    Thank you again.

    Sincerely,
    Fabrizio.
    Virtual Sheet Music®, Inc.
    http://www.virtualsheetmusic.com
    Musicians Page
    http://www.musicianspage.com

  13. #13
    SitePoint Wizard silver trophy
    beley's Avatar
    Join Date
    May 2001
    Location
    LaGrange, Georgia
    Posts
    6,117
    Mentioned
    3 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by Corey Bryant
    For us - yes. There are other problems though.. Meaning the discount rate is somewhat higher and they hold on to your money for about a week. You are also limited to about $10,000 a month in processing.
    That is not true... we do many times that per month. They set limits like that as a safety precaution. Most companies won't go from $2500 per month to over $10,000 - so it sets off red flags and they will look into the account.

    If you gradually increase in sales and need the limit lifted, they are more than happy to work with you. They were with us. When we switched to TMS we were doing more than $10k per month and they started us off at more than double that limit. It has since increased as our sales have.

    Also, Total Merchant Services deposits into our account in 2-3 days depending on the card (visa/mc/discover 2 days, amex 3).

  14. #14
    Texan at Heart Corey Bryant's Avatar
    Join Date
    Sep 2003
    Location
    Castle Rock, CO
    Posts
    2,491
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Beley - since he is overseas & without a SSN, most companies in the US wil not give him a merchant account. They require a SSN. That was what I was referring to. There are different processors out there with different rules.

  15. #15
    SitePoint Member
    Join Date
    Feb 2004
    Location
    Guernsey
    Posts
    7
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    This is all well and good providing you live in the US.

    Does anybody live in the UK and have Internet Merchant account with verisign or autorize.net.

    If so I would be very interested in hearing from you how you did it.

    Worldpay.com is the only one i can find and its a stinger on the old payment per transaction

  16. #16
    SitePoint Addict fabrizio's Avatar
    Join Date
    Oct 2002
    Location
    California
    Posts
    365
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by Pez
    This is all well and good providing you live in the US.

    Does anybody live in the UK and have Internet Merchant account with verisign or autorize.net.

    If so I would be very interested in hearing from you how you did it.

    Worldpay.com is the only one i can find and its a stinger on the old payment per transaction
    I'd like to know such information either.

    Thanks.

    Fabrizio.
    Virtual Sheet Music®, Inc.
    http://www.virtualsheetmusic.com
    Musicians Page
    http://www.musicianspage.com

  17. #17
    SitePoint Member
    Join Date
    Feb 2004
    Location
    Guernsey
    Posts
    7
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Hi Fabrizio

    I have been doing my own research on the web and have found the following UK Merchant account providers.

    www.ecommercesolutions.com uses Authorise.net but you can set up a international account, so you dont have to live in the states.

    secpay and secure trading require you to have a account with them but also with a highstreet bank aswell. e.g. hsbc, natwest. You do get charged transaction fees by both them and your highstreet bank. Fees differ.

    Worldpay is a all in one solution. That is why their transaction costs seem so high.

    www.ecommerchantsolutions.com
    www.secpay.com
    www.securetrading.com
    www.worldpay.com

    I havn't finally chosen which one I am going to use its between worldpay and secure trading. Pls let me know which one you choose and why. I will do the same.

    Hope this is of some help

    regards

    Pierre

  18. #18
    SitePoint Addict fabrizio's Avatar
    Join Date
    Oct 2002
    Location
    California
    Posts
    365
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by Pez
    Hi Fabrizio

    I have been doing my own research on the web and have found the following UK Merchant account providers.

    www.ecommercesolutions.com uses Authorise.net but you can set up a international account, so you dont have to live in the states.

    secpay and secure trading require you to have a account with them but also with a highstreet bank aswell. e.g. hsbc, natwest. You do get charged transaction fees by both them and your highstreet bank. Fees differ.

    Worldpay is a all in one solution. That is why their transaction costs seem so high.

    www.ecommerchantsolutions.com
    www.secpay.com
    www.securetrading.com
    www.worldpay.com

    I havn't finally chosen which one I am going to use its between worldpay and secure trading. Pls let me know which one you choose and why. I will do the same.

    Hope this is of some help

    regards

    Pierre
    Thank you so much Pierre! I look your suggested sites, then I will let you know...

    Thank you again.

    Fab.
    Virtual Sheet Music®, Inc.
    http://www.virtualsheetmusic.com
    Musicians Page
    http://www.musicianspage.com


Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •