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How to set up online payment service without payment gateway? - ASP Components

Hi everyone, I know we can set up the online payment service for cc and paypal thru payment gateway such as linkpoint.com. However, the problem is that the charging rate for each cc transaction is so expensive. It's around 2.2% per transaction. So if customer pays $10,000 in the web site thru the payment gateway, the payment gateway will return $9,780 and they will swallow up $220. How can I get rid of this extra fee? Why don't I become a payment gateway by myself? I guess it should be possible. How can I be the gateway such as linkpoint ...

  1. #1

    Default How to set up online payment service without payment gateway?

    Hi everyone,

    I know we can set up the online payment service for cc and paypal thru
    payment gateway such as linkpoint.com. However, the problem is that the
    charging rate for each cc transaction is so expensive. It's around 2.2%
    per transaction. So if customer pays $10,000 in the web site thru the
    payment gateway, the payment gateway will return $9,780 and they will
    swallow up $220.

    How can I get rid of this extra fee? Why don't I become a payment
    gateway by myself?
    I guess it should be possible. How can I be the gateway such as
    linkpoint and paypal?

    Please answer my questions.

    Your friend.

    anthony.in@gmail.com Guest

  2. #2

    Default Re: How to set up online payment service without payment gateway?

    That is a really good question. Anyone?
    Sammy Guest

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