Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.




11 posts

Geek


Topic # 83919 24-May-2011 00:58
Send private message

Hello.

I'm thinking of setting up an online shop for a small business, working in Auckland. Since I wish to be able to accept credit cards payments, as I understand, I need to register for a credit card verification service.

Which one would you recommend? Are there any local NZ verification providers worth trusting, or is better to simply use Google Checkout, which apparently works in NZ? Obviously, the cost of using those services is a major concern here, after security issues.

I'm sure there are people here with some experience of setting up a private online business, would be great to here some advice about other aspects of that as well.

Thanks a lot. 

Create new topic
267 posts

Ultimate Geek


  Reply # 473247 24-May-2011 01:19
Send private message

Paypal?... Worked for me.

20273 posts

Uber Geek
+1 received by user: 3830

Trusted
Subscriber

  Reply # 473248 24-May-2011 01:34
Send private message

NZ banks wont give you a merchant account for a new business, its hard to get business when people cant pay you. Thats a massive issue that a friend faced.

Trademe and paynow is great for sales of small items - fees are very reasonable once you are a top seller.

Paypal works great for other stuff, and there are plugins for most stores. just watch the currency as we were billing people in USD for about 3 weeks without realizing it and that was a mission to sort out with refunds etc.




Richard rich.ms

 
 
 
 


8019 posts

Uber Geek
+1 received by user: 385

Trusted
Subscriber

  Reply # 473357 24-May-2011 11:08
Send private message

Would probably suggest starting with Google Checkout or Paypal and graduating to a merchant account and a payment gateway service when you have enough business to justify the fees.

1351 posts

Uber Geek
+1 received by user: 15


  Reply # 473379 24-May-2011 12:04
Send private message

I have never used them, but did look in to using them once and they were very helpful. Paymex: http://www.paymex.co.nz/

They are NZ based and fees very similar to paypal.

854 posts

Ultimate Geek
+1 received by user: 125


  Reply # 473392 24-May-2011 12:30
Send private message

jbard: I have never used them, but did look in to using them once and they were very helpful. Paymex: http://www.paymex.co.nz/

They are NZ based and fees very similar to paypal.


I've used Paymex to pay for goods very recently, and I'd sooner use them as a customer than Google Checkout/Paypal for local stuff.  So another "Give paymex a look" vote here.

I'm @nate
6291 posts

Uber Geek
+1 received by user: 375

Moderator
Trusted
Subscriber

  Reply # 473436 24-May-2011 13:36
Send private message

Flo2cash operate a facility where the money goes into their merchant account and after 2 days it gets transferred to your account.  More expensive for higher volumes, but for lower volumes it is a great option.

We use it for our payment facility (we use Paypal as well)




1163 posts

Uber Geek


  Reply # 473476 24-May-2011 14:26

nate: Flo2cash operate a facility where the money goes into their merchant account and after 2 days it gets transferred to your account.  More expensive for higher volumes, but for lower volumes it is a great option.


We use it for our payment facility (we use Paypal as well)


 

There is also paymate, and paymex, which dont' have any setup fees. I didn't know google checkout worked in NZ, and I pressume the fees at in US dollars. I guess it would be a very safe system.

2915 posts

Uber Geek
+1 received by user: 414

Trusted
Subscriber

  Reply # 473609 24-May-2011 19:57
Send private message

Contrary to popular belief, if you've been with your bank long enough there's a good chance they will be willing to work with you on a merchant facility. Basically, if you've been with them 3 years or more and have good or mediocre history, talk to them - you might just get what you need. It is more expensive (typically $300 or so setup, plus ~$40 per month minimum) but it just looks a bit more professional. If you work with a gateway such as DPS, you even get to avoid having to deal with PCI DSS for the most part too.

20273 posts

Uber Geek
+1 received by user: 3830

Trusted
Subscriber

  Reply # 473612 24-May-2011 20:02
Send private message

Problem is why would a new business have any banking history at all?




Richard rich.ms

116 posts

Master Geek
+1 received by user: 7


  Reply # 473931 25-May-2011 14:03
Send private message

Back when I applied for a merchant account with BNZ, I did have to push it a bit -- just because they refuse you at first doesn't mean you should give up. I don't know if five years makes a good or bad difference -- a better understanding of the need for this on the internet, but a lot more security issues these days.

I have very recently switched to Paymex, because it is a nice cheap way to get instant verification, which I need for my download store. Still early days, but I"ve been happy with Paymex, only issue is that a payment on a Friday won't appear in my account until Thursday. Since I've been used to overnight payments with the BNZ, it's a bit of a pain.

Create new topic



Twitter »

Follow us to receive Twitter updates when new discussions are posted in our forums:



Follow us to receive Twitter updates when news items and blogs are posted in our frontpage:



Follow us to receive Twitter updates when tech item prices are listed in our price comparison site:





News »

Vodafone TV — television in the cloud
Posted 17-Oct-2017 19:29


Nokia 8 review: Classy midrange pure Android phone
Posted 16-Oct-2017 07:27


Why carriers might want to embrace Commerce Commission study, MVNOs
Posted 13-Oct-2017 09:42


Fitbit launches Ionic, its health and fitness smartwatch
Posted 12-Oct-2017 15:52


Xero launches machine learning automation to improve coding accuracy for small businesses
Posted 12-Oct-2017 15:45


Bank of New Zealand uses Intel AI to detect financial crime
Posted 12-Oct-2017 15:39


Sony launches Xperia XZ1, a smartphone with real-time 3D capture
Posted 11-Oct-2017 10:26


Notes on Nokia’s phone comeback
Posted 10-Oct-2017 10:06


Air New Zealand begins Inflight Wi-Fi rollout
Posted 9-Oct-2017 20:16


The latest mobile phones in perspective
Posted 9-Oct-2017 18:34


Review: Acronis True Image 2018 — serious backup
Posted 8-Oct-2017 11:22


Lenovo launches ThinkPad Anniversary Edition 25
Posted 7-Oct-2017 23:16


Less fone, more tech as Vodafone gets brand make-over
Posted 6-Oct-2017 08:16


API Talent Achieves AWS MSP Partner Status
Posted 5-Oct-2017 21:20


Stellar Consulting Group now a Domo Partner
Posted 5-Oct-2017 21:03



Geekzone Live »

Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.



Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.

Alternatively, you can receive a daily email with Geekzone updates.