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Q: Online Credit Card Clearance ( Answered 3 out of 5 stars,   2 Comments )
Subject: Online Credit Card Clearance
Category: Business and Money > eCommerce
Asked by: tmol-ga
List Price: $30.00
Posted: 21 Aug 2002 16:26 PDT
Expires: 20 Sep 2002 16:26 PDT
Question ID: 57138
I want to setup a website in Hungary and India but want to find a
local provider (one in Hungary and one in India) who can do online
credit card clearance (Visa, Mastercard, Bankcard).  More
specifically, I want to know how much it will cost me per transaction.
 Can you please find the web address of a few providers in each
country so I can compare prices?  Also, if possible, direct me to the
page with pricing.

Request for Question Clarification by angy-ga on 28 Aug 2002 03:10 PDT
Hi !

First, have you already rejected global providers of credit card

Second, I have been able to find you a suitable provider in India,
plus some alternatives, but not in Hungary. Would you accept a partial

I'm in Australia, and it's night now, so if another researcher can do
better in the meantime, fine !

Clarification of Question by tmol-ga on 28 Aug 2002 16:21 PDT
Please see new comment
Subject: Re: Online Credit Card Clearance
Answered By: angy-ga on 28 Aug 2002 22:11 PDT
Rated:3 out of 5 stars
Hi, tmol-ga!

Thank you for your clarification. Here goes with what I've been able
to discover for you.

In India by far the most useful site I found was CC Avenue at:

"CCAvenue is one of India's largest e-commerce solutions provider and
e-enabled hundreds Of Indian Websites. "

They claim "... All you pay is a one-time set up fee and Transaction
Discount rate on each transaction. There are absolutely no hidden
costs with CCAvenue. Here you have no need for elaborate software,
large databases and expensive processing capabilities at your end. "

Note prices are of course quoted in Rupees.

There is a 5% sales commission, a R20,000 Premium Set-up fee or a
R5000.00 Ecopnomy set-up fee, and a gateway annual rent of R2,400,
Wconomy R1200.

VCM Infotech is based in Mumbai (was Bombay), with co-servers in

222/ Shantivan, New Link Rd. Extn.,
Andheri (w), Mumbai 400 053

They say: accounts & payment gateways 

"We offer some of the lowest possible rates available today for credit
card processing. Whether you're building a new business or expanding
an existing one, we can assist you here. No company is too small to
get a merchant account. We can help you irrespective of how small or
large your company is. For merchant accounts we have tie ups with
solution providers in the United States and India including, ICICI amongst others....

We can also help you sell your products or services online without the
need for a merchant account. The discount rates are usually higher
here, in the range of 7.5-9 %. Almost all sites are approved within 2
business days. "

They do not seem to have their prices posted on their site.

All India claims to offer comprehensive services at:

" provides e-commerce management and technology consulting
services that help companies build successful e-commerce businesses.

Our services focus exclusively on business-to-business and
business-to-consumer e-commerce. We take pride in being able to
enhance your business by providing professional e-commerce solutions.
Our goal is to be your partner in determining and implementing those
e-commerce solutions that best meet your needs and business

Net Point India "is a dedicated and fully integrated IT solution
provider....Net Point is registered with STPI (Software Technology
Parks of India) "

Also in India Prekshana at:

offer consultancy and training services.


is a general resource site for information about Indian ecommerce

For Hungary, the Budapest Business Journal

has some general information, but I could not find an international
ecommerce provider such as you are looking for.

As for worldwide solutions such as Worldpay, ccnow and 2checkout, (as
I posted in an answer to boardy-ga some time ago,) I investigated a
number of these for my own company last year and finally came down to
two third party processor services, both based in the USA, whose costs
seemed reasonable. I then emailed a number of their overseas merchants
to see how happy they were with the service, and both showed up well.
They essentially act as your online retailer, which means problems
with fraudulent credit card use are their problems, not yours.

( Visit 

for information on the problems for online merchants.) 

These provider's fees are not additional to any merchant card fee. We
have our own merchant account for local sales  but use them for
overseas sales. Your prices displayed in US$ appear on the client's
account charged in US$. The conversion only comes in when the provider
pays you.
We eventually went with CCNow. 

They offer a shopping cart which is very simple to set up, they claim
to promote your site, and you have a lot of control over where and
when your money will be sent. The arrangement with them can be
terminated at any time - there is no contract length. They have a
monthly fee of US $11.95 which is for inclusion in their monthly
Promotional Programme: "Your Web site will be found in the search
results of over 125 of the top search engines including America Online
and Microsoft Network." I have to say looking at my stat log files I
cannot see any evidence of our being visited by search engines other
than those I have myself submitted to, but there may be overlaps.

Their other charges for non-US clients are: "Monthly Sales Volume
Retail Margin $0.00-$100.00 NONE $100.01 and above 11% of your total
sales in excess of $100.00 "

Note that: " During the initial 30 day trial period you will not be
charged a $9.95 monthly promotional fee ($11.95 monthly promotional
fee for International clients). You will be charged a flat 9% retail
margin (11% retail margin for International clients) on each sale made
through CCNow. "

However CCNow pays you interest at the rate of 1.5% APR on funds
sitting in your account. We felt their charges were more or less
offset by the GST free sales, and they seem very professional. Have a
look at their very strict returns policy, however, and see if that
suits you.

They do not accept "adult" sites and deal only in "tangible"
merchandise ie: "physical products that are shipped to the Online
Shopper's physical address". They state: "This policy helps CCNow to
maintain our low retail margin. Tangible merchandise incurs a much
lower rate of inquiries, disputes, and fraud than service-based sales
or electronically delivered products." They also do not allow sales of
such things as drugs, explosives, live animals and alcohol.

We were also impressed by 

which charges a US$49 Merchant Account Setup Fee , then $0.45 per
Transaction plus 5.5% of Transaction Amount. There are no monthly
fees. They boast: "FREE Check Payment or Low Cost Wire to Non US Bank
Accounts FREE Shopping Cart! FREE Code For Your Site FREE Tech
Support! "

They support recurring billing and do permit the sales of downloadable
products such as ebooks, music etc. Again there is no committment to a
term - you can leave them when you want. They accept cheques. They
have similar restrictions on the sale of animals, pornography, psychic
readings and firearms etc. but will provide information on how to sell
"hard to place products".

Another possible solution is Worldpay:

They offer:

 "Credit and Debit card processing through 
Complete range of ePayment solutions
eCommerce online store building with Click and Build
Integration to all leading eCommerce applications
Integration tools for your own eCommerce solution
Design consultancy and support
Dedicated support from hundreds of WorldPay Partners worldwide
WorldAlert for online fraud screening "

Multicurrency options are available through WorldDirect. A wide range
of cards are accepted. Prices vary according to the package you select
(with or without storefront, etc.).

Charges include:

"Setup Fee (non refundable) US$399 
Monthly Fee - includes 3 free currencies US$50 
Additional charge per currency US$75 Service charges per transaction
US$ to US$ and CAN$ to CAN$ 3.25% 
Multi-currency Transactions 5.25% 
Transaction Fee US$0.40 
Fraud-detection service (WorldAlert) US$0.10, CA$0.15 
Remittance Charges*
Remittance in any currency <$5.00"

Oddly enough, the charges in AU$ seemed to be cheaper, even allowing
for the exchange rate, so you may want to check it out against your
own currency.

For pricing, click on your region, then on "pricing" then on "World

There are also additional setup fees for Future Pay and World Access

You might also care to look at:

American Express, MasterCard, Visa, Discover, Diners Club/Carte
Blanche and JCB are supported, as well as electronic cheques. They
seem comprehensive, but much more complicated to set up and their
pricing structure is only available by contacting their sales
department, which always annoys me, especially when I get an
autoresponder reply.

A comment from msjoanna-ga to boardy-ga outlines Paypal, which is
popular, but has attracted some criticism recently: Msjoanna said:

"Depending on the volume of business that you expect, one system that
might work for you is Paypal. They will process payments for you and
provide some merchant protection. They aren't the best solution for
high-volume businesses, but are an excellent and relatively
inexpensive (competitively priced) solution for small merchants.
Drawback: customers have to be members to send payments. 
Benefit: membership in Paypal is free for consumers and there is a
referral system"

 I hope this is useful, and you find a provider to suit your budget.

Search terms:
"online credit card providers india"
"ecommerce india"
tmol-ga rated this answer:3 out of 5 stars

Subject: Re: Online Credit Card Clearance
From: webadept-ga on 22 Aug 2002 00:10 PDT
Hi, You have asked a rather open-ended question for a small bid, and
the researchers tend to shy away from these. Perhaps you would get a
better responce if you could state a specific amount for the list, or
raise the price to fit the task.
Subject: Re: Online Credit Card Clearance
From: tmol-ga on 28 Aug 2002 16:20 PDT
Yes, I will accept a partial answer - only local providers please.  I
will need links to their websites + pricing information (if possible).
 Can you also detail the alternatives?

It would be good to see the global providers too.

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