Chewy
New Contributor
- Joined
- Jan 25, 2012
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- Jacksonville, Florida, United States
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User Power: 11%
With my business concept in the works, the biggest hitch i'm running into is figuring out what kind of payment gateway/merchant account to use. basic premise of the business is a 'match making' style, of bringing buyers and sellers together. (its not at all that simple, but this post isn't about the details. i'll post a thread of the whole plan)
What I need:
1) Money Transfer between to types clients. (my business account will be a medium, money in-money out) client A > me >client B
2) Recurring payments from one set of clients. client B > me
3) be able to cut a percentage from wire transfers from one client BACK to the other. client B > me (keep 2.9%) > client A
I plan on doing Echecks only for the transfers between clients (money amounts will likely exceed many credit card limits)
recurring payments could be CC, debit, or anything (fairly small amounts)
what I DON'T want:
a 'discount rate' or percentage fee from the money transfers between clients.
I'm fine with a percentage from CC payments, thats inevitable. If I can get a good deal on just a monthly fee for a perchant/payment gateway for Echecks i think that would be my best bet.
Anyone know any other way to do online checks/wire transfers?
Thanks for any input!
What I need:
1) Money Transfer between to types clients. (my business account will be a medium, money in-money out) client A > me >client B
2) Recurring payments from one set of clients. client B > me
3) be able to cut a percentage from wire transfers from one client BACK to the other. client B > me (keep 2.9%) > client A
I plan on doing Echecks only for the transfers between clients (money amounts will likely exceed many credit card limits)
recurring payments could be CC, debit, or anything (fairly small amounts)
what I DON'T want:
a 'discount rate' or percentage fee from the money transfers between clients.
I'm fine with a percentage from CC payments, thats inevitable. If I can get a good deal on just a monthly fee for a perchant/payment gateway for Echecks i think that would be my best bet.
Anyone know any other way to do online checks/wire transfers?
Thanks for any input!
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