High Costs of Online "Gateways"
From Entrapreneur Magazine, a great article on prominent ONLINE gateway processors and the high costs of using one. Covered here are:
- PayPal Payflow
- Checkout by Amazon
- Google Checkout
- Authorize.net Payment Gateway
The article show how just the gateway charges can amount to as much as $0.35 per transaction, 5% of the purchase, and $0.25 per batch! These charges can be ON TOP OF the regular bank charges for processing! One charges $90 per month for just basic fraud prevention.
Remember, when you spend the time and money to integrate to these processors, you are locked in and provide a captive audience for their fees and charges. In addition, since these are oriented toward e-commerce, their support for Mail Order/Telephone Order (MOTO), call centers, and retail is minimal or non-existent.
Curbstone avoids tying our customers to online "gateways" to avoid the high costs and limited functionality listed in this great article.
The article:A Guide to Online Shopping Carts
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