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recurring payment processor that can be transferred?

Discussion in 'Membership Sites' started by chockfactor, Mar 24, 2013.

  1. chockfactor

    chockfactor Jr. VIP Jr. VIP Premium Member

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    Hey guys, I am wondering which payment processor I should use, if I want to sell a membership site with recurring payments down the line. I am not gonna do cb as it really isn't for the type of site I am going to start.

    I know paypal don't have that option(at least they hadn't last time I ched) so people need to rejoin the recurring subscription which I think is a bummer for the customers and the buyer of the site.


    I have thought about 2co, I'm not sure if they allow it.

    So I am looking for suggestions from you people.
     
  2. jamesmount

    jamesmount Newbie

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    Hey ! Actually i don't have a more knowledge regarding this. But before starting these thing please read payment processor way by the help of internet.
     
  3. innozemec

    innozemec Jr. VIP Jr. VIP

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  4. AquaticGamer

    AquaticGamer Jr. VIP Jr. VIP

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  5. Riverstix

    Riverstix Junior Member

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    PayPal will actually allow this if you set up a business account. Its basically just an account transfer and the new owner will probably have to fax PayPal IDs and whatnot.
     
  6. FittedHarbor

    FittedHarbor Newbie

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    I may have a solution for you! My company has been in business since 2000 and we offer recurring billing! After they initially sign up, go to the customers transaction, click recur and set a date and the account maintains it's self. Our rates are 0.75 + Interchange beating out PayPal, Square and Stripe. I would love to demo the system to you!! You can view some stills. Screen Shot 2013-11-05 at 7.43.50 PM.jpg Screen Shot 2013-11-05 at 7.43.41 PM.jpg Screen Shot 2013-11-05 at 7.43.07 PM.jpg Screen Shot 2013-11-05 at 7.42.48 PM.jpg .
     
  7. KraftyKyle

    KraftyKyle Jr. Executive VIP Jr. VIP Premium Member

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    Your best option is to form an LLC and get the credit card information and have someone charge the cards each month. That way you have incredible flexibility to change payment processors down the road.