To: William G. Foley who wrote (573 ) 12/30/1998 6:00:00 PM From: John Mav Read Replies (1) | Respond to of 1038
from newsletter ~ B2B eNews asked thousands of business readers to suggest or recommend Internet Credit Card Merchant Services that meet each of the following 11 criteria for complete, secure, international Internet sales: 1. online, real-time, automated, secure, credit card processing for US merchants with their own merchant account AND for non-US merchants or US merchants who cannot get or do not want their own merchant account for any reason 2. up-to-date, routine, fraud prevention measures 3. compatibility with leading merchant shopcarts 4. automated, secure shopcart link to existing merchant websites 5. no bank qualifying required -- no US presence required 6. no required lease or purchase of software or equipment 7. experience and track record in international credit card processing 8. worldwide service and sales capability 9. low set-up fee / month-to-month service with no long-term contract 10. full bank support and legal review by Visa / Mastercard 11. free affiliate program that pays referrals and residuals on international merchants' Visa and Mastercard sales volume Only one company met all 11 of the criteria required (above): Vantage Services, Inc. vanserv.com Their Self Service option (US merchants only) provides a secure, sophisticated, complete VanCart shopcart with back office for tracking orders. Processing is through ECHOnline, an attractive alternative to Cybercash. Discount rate starts at 2.57% for an Internet merchant account. Their Full Service option is designed specifically for non-US merchants AND US merchants who cannot get or do not want their own merchant account for any reason. VanCart is included. Vantage appears to be the clear leader in International Internet Credit Card Merchant Services.