I want to process ongoing monthly subscription payments for people who
subscribe to my web site. The Web site is Business Related
www.BusinessSystemsManager.com and would
not be considered high risk by payment processors.

The subscription price is around US$30 per month. I want them to be
able to use credit cards and i dont want them to have to sign up for a
member service like paypal etc. Over time i plan to have hundreds of
subscribers.

I dont want to have to sign up for a Internet Merchant Account and I
want the payments to be made to my bank account on a regular basis. I
am based in Australia but i have International Bank accounts that i
can make use of.

I need to know who has continued to pay for the subscription and who
has cancelled so i can control access to the site. if this could be
done automatically over the internet that would be best.

It would be very very cool if i could process the transactions without
the customer leaving my site. I am very experienced with coding so i
can program what ever is required on my site to make this happen.

Can you help me find an online payment processor that meets these
criteria? Obviously the less they charge the better somewhere around
3% per transaction would be good.

Thanks.

Have you looked at the paypal.com options?  They provide a
subscription feature and an api that may work for you.

I am currently using Paypal, but there is a large process for
customers to sign up when they want to purhcase a subscription.

I would like to find a much simpler service where customers dont need
to sign up. One example is http://www.ccbill.com/ but they charge 15%,
and i dont know how extensive their API support is.