Payment methods and Subscriptions

[Jason_Lee]

I am starting a business and i need to accept online payments. I have paypal but want another form of merchant facility. I do not have a business bank account. Is worldpay any good?

Also i want to accept subscription payments. A subscriber signs up and then £xx.xx is taken from their credit card each month automatically without having to charge manually every month.

Please if anyone could advise on both issues that would be great.

 

[confused]

I am starting a business and i need to accept online payments

I do not have a business bank account

I really think you ought to sort that part out first. Sorry, cant help with the subscriptions.

 

[Christiane]

I pay my website provider monthly with Worldpay, so it's possible. They set it up but I don't have worldpay so can't help further.
Abbey does free business banking if you're happy with doing everything online. As long as you just open an account and don't ask for overdraft, loans, etc, it's very easy to open one.

 

[Jason_Lee]

Thanks for the info so far, i will check out Abbey. Also when you pay worldpay each month, does it come out automatically or do you have to manually make the payment each month?

 

[Christiane]

Not sure. With Paypal, you have to transfer the money yourself, with nochex too, so I'd expect it's the same principle with Worldpay.

Also a business bank account makes it a lot easier when doing the accounts as it's not all mixed with your personal stuff.

 

[EDS]

Hi Jason

I have just sent you a PM.

For everyone else reading this thread our Integrated Accounts, CRM and eCommerce solution has a built in payment processor that you don't need a business account for, we have basicaly devleoped the system with PayPal and the screen uses our front end(no paypal branding) is located in a secure location. All you need really is a bank account personal or business, You do need to "upgrade" you paypal account but it doesn't effect normal opperation, and we provide all the information on how to do this. The website is http://www.tallia.co.uk.

If anyone wants to disuss further feel free to contact me direct [email protected]

Although I have said this and I think everyone else will agree a Business Bank account is recommed for a business.

Regards
Michael.
http://www.tallia.co.uk
Tallia Integrated Accounts, CRM, ERP, eCommerce and Budgeting System

 

[thegateways]

I think you should check with few more payment processors as there is chances that you could get lowest fees;

2checkout
chronopay
moneybookers
multicards
protx