I am looking at accepting credit cards on my online shop.
I haven't got a merchant account, so I was looking at either mygate.co.za who have a supermerchant account, pricetag.co.za or setcom.co.za ... which one would you guys use.
I see pricetag's maximum is 5.7% but I'm not sure how good they are with graud detection, but they offer negotiable rates once you achieve over 40k a month.
Mygate is 6%, and they have a fraud module, but I'm not sure if they are negotiable.
What are my risks ITO fraud with these providers ... and do you know how much they refund you in case of a charge back?
Also, how long does it take to access the funds from these gateways as I need the funds to purchase and send the products.
Do you guys think that customers will object to paying 3% extra on the fees to use a credit card, otherwise in some cases, I will make a loss.