Types of online payment

Paypal - www.paypal.com

Paypal insures a secure payment system with merchant accounts. The charges for this service are 2.2% + 30¢ on your transaction so a £100 transaction would be approximately £102.40. This is the only cost that occurs with this service. Paypal also offers free listing on their index of shops. The Paypal shop index can be found at paypal.com. Customers can set up a paypal account to pay for goods.

Worldpay - www.worldpay.com

For merchants that sign up to WorldPay Direct for their Internet payment system, the following transaction processing charges apply:

£50 set up fee £145 annual fee, which also includesthree free currencies (additional currencies by arrangement.)

Credit Cards

4.5% Merchant Service Charge on credit card transactions. Note that this is the ONLY fee charged, there are no additional charges payable to banks or other third party organisations.

Debit Cards

50p charge per debit card transaction. There are no additional charges payable to banks or other third party organisations.

Nochex - www.nochex.co.uk

This British payment system is a free check out service for your website they also provide e-mail based payment. The checkout is industry standard SECURE (128 bit SSL) web page, which can be branded to include a company logo.

Netbanx - www.netbanx.com

Entry Level

£75 + VAT One product at a fixed price. Ideal for subscription services with one fixed price. NetBanx provides generic authorisation and decline pages. The Merchant is responsible for maintaining the HTML payment form initially supplied by NetBanx.

Intermediate Level

£125 + VAT Set-up for two to ten products, each at a fixed price, with one selectable for payment, e.g. a subscription to a service sold either monthly, weekly or annually would constitute three separate products.

Supported Ordering Platform - £300 + VAT NetBanx has been integrated with popular software packages such as Actinic, Cat@log, COWS, Erol, Intershop, and Shop@assistant. These provide order collation and pricing facilities, which integrate with the NetBanx payment system. NetBanx can also sell you the Actinic software as a package together with the set-up charge at a reduced price.

Bespoke Integration

This service is for established Web site owners who can specify individual requirements for the integration of On-line card processing. Price: £500 + VAT

On-line Shop Software

http://www.intershop.com/ [Possibly the world's largest shopping facilities providers used by some of the biggest shop sites on the net]

http://www.actinic.co.uk/ [On-line catalogue building software]

http://www.shopfactory.com [Australian company providing easy to do on-line shops]

http://www.mercantec.com/ [Similar to iCat, provides software for electronic commerce]

Last edited:
21-Nov-2001
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