online payment system question (Startup)

kitesurfingbum

Guy's

Just a quick question, dose anyone know who provides the online payment system which donedeal.ie uses.

I am setting up a new website, and need a payment system like they have. My target unit price is €3, so using traditional payment system (credit/debit card) is too expensive.

Thanks in advance

dave

Dakor

Not sure who donedeal is using but check out Realex. They have a set package for €29/month for 350 transactions.

http://www.realexpayments.com/ie/business-solutions

kitesurfingbum

Thanks Dakor

Have used merchant services before, but the costs of the system are quite expensive. I have a target unit price of €3

Its not just realex payment, you have to pay banking merchant services, approx €30 per month plus fee for each transaction.

• debit card its about 20 cent per transaction.
• credit card its around 3 to 4 % per transaction.

also there is the purchasers Data security.

That is why you will see signs in shops stating min payment on laser/ credit cards.

I am looking to have a simple payment system, and I like the Idea of the donedeal system.

Thanks again Dakor

nellyshark

There was a thread here a few days ago with the name of the provider but I cant seem to find the link.

As far as I can rem the provider wasnt Realex. I have a gander again to see can I find linkeage

Herbalist

donedeal use paypal and take payment from your mobile phone. the benefit of these two methods is that you don't need a merchant bank account as far as i know which is hard to get for start ups, and also it's easier than paying small amounts with a credit card, but the fees for taking payment over mobile phone are huge i think.

kitesurfingbum

Thanks Guy's for all your help

Apart from asking on this forum I also emailed Donedeal.
They responded in a few hours have been a help.
Great to see a company helping out the new guys.:)

Cheers again

Dave