I work a 9-5 job and I'm trying to get a start-up going on the side and I need to be able to process credit card transactions. However, I am trying to keep costs low until I can become cash flow positive. I'm soliciting the only community I can think of to get this kind of feedback.
First and foremost, can anyone recommend a mainstream e-commerce merchant service? Bear in mind I am looking to have little to no monthly fees and can take the hit of higher transaction fees if needed. This is not an adult website and is not a high-risk line of business; therefore, I have already removed Zombaio from the candidates.
Secondly, what questions should I ask? I have absolutely no experience with merchant service providers or the types of fees they may charge. For example, I came up with these:
- Is there a monthly maintenance fee?
- Is there a statement fee?
- What are the transaction fees assessed by the processor? What are the fees assessed by you?
- What other monthly fees are there, if applicable?
Any insight into this would be greatly appreciated. I've been a long time lurker here and feel that the knowledge contained by some members of this board will help me
a lot.
Thanks in advance.