Credit Card processing again again again

Brian R

Member
Joined
Jun 13, 2008
Messages
19,945
Location
Little Elm, TX
Name
Brian Robison
Trying out a service for free for 60 days
It's $20.00 per month + fees after that.
2.5% or so for virtual payments
ACH payments (checks over the phone etc)
Recurring payments
Customer profile and Credit Card number stored on their system for future payments etc.

Supposed to be within 48 hours on Credit Card deposits into checking account (they say 24 to 48 hours)...3-5 days for ACH deposits (ACH is 5-7 days now)

Easy pay buttons for secure website payments
Invoicing (even though I don't need that)
They email as soon as the card is ran etc

It's
Accept Pay
Powered by Pay Simple
https://us.paysimple.com

Yahoo recommends them
It's an American Express company...which is the only part that worries me. lol

I ran my first test card today about 10 minutes ago. I'll post when I see it in the bank
 

Brian R

Member
Joined
Jun 13, 2008
Messages
19,945
Location
Little Elm, TX
Name
Brian Robison
That will be soon enough.

You can already take a pic of a check and have it deposited with an Iphone.
It's just a matter of time.
Probaby within 6 months would be my guess.
 
Joined
Oct 7, 2006
Messages
18,838
Location
Benton KY USA
Name
Lee Stockwell
Lots of CCD (similar to ACH without safety features) fraud going around. You have to catch it within 24 hours or bank can't reverse it. I've had a recurring $19.95 charge taken from my account for a couple of months that I didn't catch in time.

I'd worry about fraud potential from so many portable devices tapping into the banking networks.
 

Brian R

Member
Joined
Jun 13, 2008
Messages
19,945
Location
Little Elm, TX
Name
Brian Robison
Hit the bank this morning
that's less than 48 hours.
I may have to stick with this one.

They are setting me up with echeck processing as well so no going to the bank to deposit.

Although going to the bank is still the quickest. The money shows right away and is usually ready the next day.
Still good to have in a pinch and it doesn't cost extra and the fees are less than credit cards.
 

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