Thread: Software/EFT
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Old 1st March 2008, 04:33 PM   #2 (permalink)
Din
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Join Date: Feb 2005
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Default Re: Software/EFT

Don't know about you software....but i know Helios doesn't do it for Canucks unless you open with Chase Manhatten bank. I think there is 1 downtown toronto.

I do EFT with Moneris. They have E-Select Plus setup online where you can not only do monthly EFT withdrawls, but you can also process CC payments online without a terminal in your store as well as use it for your website for online purchases (shopping cart).

I believe it's $49/month....but i think i'm paying $39. They also take the same % they would per transaction as if you processed it on your terminal.

You'd have to keep a separate database on there that you would maintain as they enroll, freeze or cancel.

But otherwise, it' does it every month on for you hassle free. Worth every penny once you get too big for manual processing.

if you only have like 50 members...i'd say do it on your CC terminal monthly. Takes about 10-15minutes.

When i was doing EFT's...and had over 250 members.....you can't maintain that manually......

They only do CC's....for cheques/bank account, you need to set it up with your bank. CC processors won't do it for you. That's another $50/month with TD !
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