Is Authorize.net best bet for accepting credit cards on eBay?
Hi everyone,
This is my first post at this forum but I have been looking for a while. I have been an eBay seller for the last decade or so and my PayPal account was taken away from me in the beginning of 2009. They told me I was too much of a risk and I haven't been able to sell through eBay since.
I'm interested in selling on eBay again and I have been shopping around. I just noticed today that you can only use one of three credit card processors through eBay, which I thought used to be open to more than just three. I can't accept PayPal for my merchant services because I'm "banned" from PayPal, and I called to get a quote from Cybersource, to be told they are $200 to setup + $35 a month + $25 minimum fees per month...this is too expensive. I suppose I'm left with Authorize.net as my only real option, because they were only $100 to set up, and $17.50 a month (or something along those lines).
My question is, are these really my only options for accepting credit cards on eBay? And also, is Authorize.net going to be the least expensive option, or are there actually a lot of hidden fees that I'm not realizing?
I've tried to sell through Moneybookers, but no one uses it, and even then they are holding 50% of my money for 2 months while I establish the account. This is also too expensive, even if I get the money back after two months. I believe ProPay has an expensive per month cost, and the other payment option won't even let me register unless I have recent sales (which I can't get because everyone does the same thing). So I have tried the other options and I think my best bet is getting a credit card processor, if I want to continue my sales on eBay at all.
Thanks for reading. I hope someone can help me figure out the right way to go from here.
|