| Date Updated |
Subject / Source |
News / Upgrade Information |
| April 15, 2013 |
Various - See description |
Several third party processors who have gone by the wayside in recent years apparently are 2CheckOut, iKobo, MyPaySystems, StormPay, DigiBuy, Yahoo! PayDirect, and others who were active when this article was first published in 2004, 5 years BO (Before Obama as USA President - for chronological reference only).
See
more... A Closer Look at 3rd Party Processors. |
| March 10, 2013 |
United
Bank Card / Harbortouch |
United
Bank Card
First launched in early 2008, Harbortouch started as a division of United Bank Card, but has since become
the d/b/a name of the entire company. Harbortouch is a supplier of point-of-sale (POS) products, distributed through Independent Sales Offices.
In 2011, the company launched a "free" POS system program which allows merchants to obtain a Harbortouch POS system with a monthly service fee and quarterly software support fee required.
|
| October 28, 2011 |
United
Bank Card |
United
Bank Card offers a variety of products and services to assist
merchants at the point-of-sale. This includes authorization and processing
services for credit cards, debit cards, EBT, gift and loyalty
cards. They also offer several additional industry tailored services
such as electronic Age Verification, paper check guarantee and check
conversion. To support and drive these services, UBC
provides cutting edge credit card equipment, terminals and software, including
Free Equipment deals for retail stores and mobile merchants.
|
| October 30, 2011 |
PayPal |
PayPal initiated a new merchant service called the Website
Payments Pro in early 2005 which provides an integrated shopping cart
interface and a Virtual Terminal. The Virtual Terminal allows
merchants to accept credit cards by phone or mail and process the transactions
through the online terminal interface. This added functionality will cost
$30 a month in addition to transaction fees. The Website Payments Pro turns your online shopping interface into
the same shopping cart system available to merchants with a regular merchant
account. Buyers will also have the option of using their own PayPal accounts
if they so desire. |
|
|
| March 9, 2005 |
JensleyPAY |
JensleyPAY was added this day to the Maculator database. JensleyPAY
allows you to sell digital goods, single item or service on your website,
accept auction payments, sell subscription based services and accept donations
using the button creation engine or the integrated Shopping Cart. Fees are
either 3.5% or 5.5%, depending on whether the customer is a
JensleyPAY account holder, plus $0.50 per transaction. Money can be
withdrawn to your bank or to a JenslePAY card for ATM use worldwide.
JensleyPAY is owned by Jensley Group, a UK company with diverse technical
and commercial services. For webhosting
companies, JensleyPAY also offers an integrated Cpanel / WHM Auto Account
creation button. You can also use JensleyPAY to send money to
anyone in the world with an e-mail address. Adult and gambling
services are not accepted by JensleyPAY. |
| March 1, 2005 |
MerchantBoss |
MerchantBoss was added this day to the Maculator database.
Based in the UK, MerchantBoss provides a complete ecommerce toolkit to
put merchants online for a service discount of 10% and 10% holdback for 6
months. Customers are charged $0.95 - $1.95 per transaction. Services
include technical support 24/7, anti-fraud, and multi-currency conversion and
are provided to merchants in the UK, Europe, US and many other countries.
Lower fees may be provided to large processors above $100,000 a month.
Most product lines are accepted except for electronics. |
| February 23, 2005 |
PaySat |
PaySat was added this day to the Maculator database.
PaySat is a Norwegian reseller that does not accept adult content nor many of
the high risk products frequently associated with offshore banks. A
moderate discount rate of 5.3% and $0.39 tran fee are offset by a relatively
large reserve rate of 20% with no disclosed time period. |
| November 15, 2004 |
iKobo |
iKobo has announced that beginning
November 15, 2004, all money received by a merchant wil be considered a sale.
The sender/buyer will not pay a fee unless you choose to transfer fees to the
buyer. You will be charged iKobo's low merchant rate of 2.99% plus 29 cents for
all transactions. This will allow merchants to easily receive payments
through iKobo's personal money transfer platform.
|
| October 22, 2004 |
Yahoo!
PayDirect |
Yahoo! has announced that effective May 15, 2005, the Yahoo! PayDirect
service will be completely discontinued. Effective February
15, 2005, all PayDirect accounts that have not been closed by the account owner
will automatically be closed. Current account owners will be able to view
account reports after their account is closed. |
| October 17, 2004 |
StormPay |
StormPay.com has announced a special Holiday Season Give Away!
Starting October 1, 2004, and running through December 31st, 2004, anyone who
registers for a free StormPay account, and the person who refers them, could
win $5,000 each!! Random winners will be picked on the 5th day
of the following month. This contest is retro back to the first of October so
you don't lose any chances on members you have already referred this month!
|
| October 16, 2004 |
CDGcommerce |
CDGcommerce is a merchant account provider that was added this day to the
Maculator database. Based in Southern California,
CDGcommerce focuses on high quality merchant services and exceptional fraud
protection and chargeback defense free of
cost to merchants. |
| September 21, 2004 |
iKobo |
iKobo has recently announced that it has increased the sending limit
to $500 per month for all customers. New customers
can send up to $500 FREE on their 1st transaction. They
have also enhanced their send money process with a simple
one-page sender, receiver and transaction information entry. |
| September 7, 2004 |
MasterCard
International
|
On August 2, 2004, MasterCard International announced strong performance
results for the three and six month periods ended June 30, 2004,
as generally improving global economic activity led to double-digit purchase
volume growth worldwide. Total purchases on MasterCard credit and offline debit
cards rose 11.7% in the second quarter compared to the same period in 2003, and
the number of MasterCard cards issued around the world rose to 638.3 million.
|
| September 4, 2004 |
StormPay |
StormPay has recently annouced a new feature that allows
"Test Mode" transactions so that you can test your scripts without
the need to produce a real transaction. To test your Buy button
Link Code integration with StormPay, you simply include the " test_mode"
variable with your button link codes and set it to a value = 1. When a "
test_mode" button link is properly received, the "Buyer" will see the words -
TEST MODE, several times near the top of every page in the StormPay Pay form. |
| September 1, 2004 |
PayPal |
Effective September 24, 2004 PayPal has announced that Violators of the
Mature Audiences, Prescription Drugs and Gambling categories of PayPal's
Acceptable Use Policy may be subject to a fine of $500.00 USD and/or
PayPal may take legal action against you to recover losses that are in excess
of the amount fined. PayPal has also added the "Gambling" category
previously in section 7.2 of the User Agreement, updated the Prescriptions
Drugs and Devices policy to require VIPPS (Verified Internet Pharmacy Practice
Sites) certification, and clarified wording of Mature Audiences and Lottery
policy. If you have a PayPal account be sure to review the full
content of these policy changes by visiting the PayPal Policy Updates page. |
| August 31, 2004 |
eCommerceGlobal |
eCommerceGlobal was added this day to the Maculator database.
Based in Seattle, Washington, eCommerceGlobal has been serving merchants for
over eight years. Five years ago, they expanded to provide solutions for
all types of Internet, MOTO merchants and high risk (adult) content, including
direct merchant accounts and third party processing. Rates for
eCommerceGlobal range from 11.5% to 12.5% depending on the amount processed
each month. The highest rates are for $50k and below and the lowest rates
are for over $400k per month. |
| August 30, 2004 |
ECS
World |
ECS World was added this day to the Maculator database.
For six years, ECS World has been providing merchant accounts and 3rd party
processing services to merchants in various lines of business including
internet, adult entertainment, sportsbook, pharmacies, casinos and many other
lines. Fraud protection includes efalcon, Verified by Visa
and MasterCard SecureCode. Rates vary for different lines of
products. |
| August 18, 2004 |
iBill |
On July 30, 2004, Care Concepts I, Inc. (AMEX-IBD) announced it has entered
into an agreement to acquire 100% of Media Billing, LLC and Internet Billing
Company (collectively iBill) from Penthouse International.
iBill has maintained profit margins by focusing on adult entertainment content,
the dominant paid content category for many years. Currently, approximately 78%
of its revenues are from adult entertainment content. More recently, the
company has focused on various growing Internet content categories such as
online subscriptions, music, dating and video games and is implementing an
expansion into categories like online travel and online auctions.
iBill bundles customer support services with processing. Perhaps
these changes will result in future lower fees? |
| August 10, 2004 |
StormPay |
StormPay now allows you to send an invoice (payment request) to anyone with
an email address. This new feature will send the
invoice via an HTML email with the StormPay button already encoded so that the
recipient only need click the StormPay button to make payment to
you. This announcement was released by StormPay on August 7,
2004. |
| July 31, 2004 |
TransactIndia |
TransactIndia was added this day to the Maculator database. TransactIndia
is based in India and offers two plans, Budget Account and Premium Account, for
merchants with a setup fee of INR 2,500 or 15,000 and an annual fee of INR
1,000 or 2,400. Respective discount rates are 7% or 5%. |
| July 29, 2004 |
setSystems |
setSystems, a software / shareware / digital content distributor, was added
this day to the Maculator database. A discount rate of
20% is charged for all sales. setSystems is affiliated with Reg.Net. |
| July 28, 2004 |
InterBill |
InterBill, a high-risk content 3rd Party Provider, was added this day to
the Maculator database. Rates vary from 2.95% to 8.95% or
higher depending on the type of business and the monthly volume. Higher
sales volumes have lower discount rates.
|
| July 25, 2004 |
Transecute |
Transecute was added this day to the Maculator database.
It is based in India and offers a 5% discount rate and an INR 30,000 setup fee.
|
| July 24, 2004 |
PartyKey |
Due to multiple errors on their website, PartyKey has been removed from the
active list of providers. PartyKey will remain on our
internal disabled list until their website is put back in order and we know
they are actively doing business. |
| July 23, 2004 |
iKobo |
The latest word is that iKobo may accept high risk accounts including
adult, gambling and pharmacy depending on the content. They
will inspect and may charge higher rates for some situations. This
information was confirmed by e-mail from iKobo staff and has resulted in
changes in the Maculator profile for iKobo. |
| July 16, 2004 |
CCAvenue |
A new 'Popular' program was recently added to the CCAvenue service options
for international trade that features a discount rate of 5.5%, an
annual fee of $60 and a setup fee of $45 USD. For India-based merchants
only, CCAvenue has a reseller program that requires an initial investment to
participate.
|
| July 15, 2004 |
InstaBill |
We have recently noticed contradictory statements on the InstaBill website
regarding acceptable content. The discount rates have also
been reduced to 2.35% for US-based merchants and 4.5% for international
merchants from the rates previously published of 10%. A monthly fee
of $49 has also been added. We have requested more information from
InstaBill to clarify the discrepancies on their website. |
| July 12, 2004 |
iKobo |
Effective 10/1/2003 All New iKobo Merchants will earn 5% cash back on
all of their buyer's purchases. Refer another merchant and
earn up to 50% recurring revenue!! If your customers are new to
iKobo and pay iKobo fees for other transactions you will earn 5% of those
fees. This is extended to an amazing 10 levels of downline
customers. At the 10th level you earn 50% of the fees paid by the bottom
level merchant in your downline. |
| July 7, 2004 |
StormPay |
Effective 5/1/2004 StormPay no longer charges buyer a 9.9% added fee to
their transactions and has increased its rates from a range of
2.9%-9.9% to a range of 6.9%-11.9% * Note updates for referral
program for affiliates that extends to 6 levels and pays residuals of 2.5% of
fees paid for each level! |
| July 2, 2004 |
Yahoo!
PayDirect |
Effective 6/1/2004 Yahoo! PayDirect added a new monthly fee of $5.00
and lowered the Standard discount from 2.5% to 2.4% |
| July 1, 2004 |
PayPal |
Effective 8/6/2004 PayPal has increased the number of discount rate tiers
from 2 to 4 and increased the amount of sales needed to qualify
for the Merchant rates of 2.2% from $1,000 to $3,000 a month |