What is the best way to set up recurring payments?

40 replies
Hey guys,

I wanted to ask you a question.

What is the best way to set up recurring Credit Card payments?

Also - could I use this same method to take a one time payment?

How hard/ and how much time is required to do it?

Thanks.

Jeremy
#payments #recurring #set
  • Profile picture of the author teaball
    Originally Posted by Jeremy James View Post

    Hey guys,

    I wanted to ask you a question.

    What is the best way to set up recurring Credit Card payments?

    Also - could I use this same method to take a one time payment?

    How hard/ and how much time is required to do it?

    Thanks.

    Jeremy

    I do everything through PayPal.

    Different button for each customer, different one for each service. And, for one time payments.

    so, it's a different group of buttons for each customer. It makes tracking payments muuuuccchhh easier.

    Set up the autoresponder sequence to "send" them a notice before each recurring payment. ( one customer has it sent to the bookkeeper and himself)

    And, an update report with measurement of traffic, ranking, Places page info etc. goes out before the notice and the recurring payment.
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  • Profile picture of the author rafterman
    of course paypal is one suggestion.
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    • Profile picture of the author dave braithwaite
      i used paypal for all my ebay dealings and have to say never had a problem with it highly recommended
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    • Profile picture of the author mrwill
      Originally Posted by rafterman View Post

      of course paypal is one suggestion.
      I go for Paypal.

      There isn't a way to set up a recurring payment from the buyer's side, but the seller can set up a subscription button that will allow the terms to be set, and then you can check out using that button.

      I hope this helps!
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  • Profile picture of the author Dexx
    Another vote for Freshbooks here
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  • Profile picture of the author Jeremy James
    Who do you all use for a Payment Gateway? Freshbooks uses several, but, prefer Authorize.net, and, they charge a $99 set up fee - is that the best I am going to find?
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    • Profile picture of the author Dexx
      Authorize.net is very reasonable and many other systems integrate well with them.

      Try and negotiate down the setup fee (possibly), and watch for the contract terms/length/cancellation fee.

      ~Dexx


      Originally Posted by Jeremy James View Post

      Who do you all use for a Payment Gateway? Freshbooks uses several, but, prefer Authorize.net, and, they charge a $99 set up fee - is that the best I am going to find?
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      • Profile picture of the author lewiswharf
        It's really important to understand that if you decide to integrate a payment gateway into your site, such as Authorize.net, you must adhere to the Payment Card Industry Standards. The standards are contractual and here in Massachusetts, there are laws that dictate similar standards for businesses dealing with Massachusetts resident (even if the business is outside of Massachusetts). PCI compliance is expensive. Using an all-in-one solution like PayPal, you minimize the cost significantly.
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        • Profile picture of the author Jagua
          there is a trade off in this recommendation because a paypal only solution probably leaves sales on the table. not everyone knows that you can pull out your Visa card when you see the Paypal button. More PCI Compliance= fewer sales?
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  • Profile picture of the author auradev
    Authnet ARB is the best if you want it to be seemlessly integrated into your site and take credit cards.

    It can be a pain to setup though, php IS required.

    Paypal is nice when you are getting started. Also low maintenance. I actually like it better than authnet, but there are downsides to sending someone thru paypals system (for ecommerce tracking).
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  • Profile picture of the author Jeremy James
    Well - here is my thought. I have heard of Check Composer for quite a while - and, that is basically a system where you print out checks from your own computer on check stock = and take it to the bank. On the signature line, it just says "signature on file." It is perfectly legal. It is only .20 per check. That beats the 1-2% of credit card payments.

    What do you guys think about that?
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  • Profile picture of the author SirThomas
    Contact your bank and ask about "online invoicing".

    I bank with Wells Fargo and here's what they offer for $9.95 a month:


    Create and send professional-quality invoices and receive payments online
    • Your customers can pay online by bank transfer from any U.S. bank account or if your business accepts card payments, by debit or credit card, simply by clicking on a secure link.
    • Set up automatic payment reminders and past-due notices.
    • Access comprehensive reporting tools, so it's easy to check if an invoice is paid, outstanding, past-due and more.
    Your customers can sign-up for an automatic direct bill payment, just like with mortgages or car payments. They can cancel at any time with a click of a mouse.


    Thomas


    PS. You can also do "check deposits". I did that in the past a lot... You will need their permission to do it every month. Get signatures.
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  • Profile picture of the author redcell1
    I would look into chargify, they do recurring payments and they have a easy to use system. I would also recommend freshbooks as that is what I currently use for my clients.
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    • Profile picture of the author catcat
      Paypal to get started and then look at the alternatives. Whatever you can do to just get the ball rolling and then upgrade.
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      • Profile picture of the author AbsoluteDominance
        Originally Posted by catcat View Post

        Paypal to get started and then look at the alternatives. Whatever you can do to just get the ball rolling and then upgrade.

        I have to agree here. Just get started with the easiest and focus on this once you have some cash coming in.
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  • Profile picture of the author Tjmcnich
    Thats a great question.... I'm still in the process of making my business however I will have some recurring monthly charges I need to deal with... I was planning on getting their CC information and setting up the recurring payments for them.... Most probably dont even know how to use a computer. what program can I use to do this?
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  • Profile picture of the author Amir Luis
    If you are using paypal and you want to have the same invoiceing and management abilities as freshbooks... you might try Cannybill.com


    Just a thought. You can still use Paypal, set up recurring payments, and track and forcast sales.

    Pretty cool reallly.
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    • Profile picture of the author Tjmcnich
      Amir with cannybill your able to set up recurring payments for the 90 year old pizza guy who has never used a computer before right? without him doing a thing other then hand his wife's credit card over to you?
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      • Profile picture of the author Amir Luis
        Originally Posted by Tjmcnich View Post

        Amir with cannybill your able to set up recurring payments for the 90 year old pizza guy who has never used a computer before right? without him doing a thing other then hand his wife's credit card over to you?
        I was confused for a second....


        I didn't quite understand the question at hand....


        SO... Yes... You can enter the credit card yourself over the phone. And they do not have to sign up for paypal. OR you can give them a client login and they do not have to log in to paypal.

        Hope that helps....
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        • Profile picture of the author Tjmcnich
          I called paypal... and they told me I would need one of those credit card machines.... were they just trying to make me buy stuff I really dont need? Like I said before... I will have the clients credit card I can just enter that into paypal no problem right? Remember, I need to be the one to enter it in... my 90 year old customer doesn't even know how to use a computer
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          • Profile picture of the author lewiswharf
            Originally Posted by Tjmcnich View Post

            I called paypal... and they told me I would need one of those credit card machines.... were they just trying to make me buy stuff I really dont need? Like I said before... I will have the clients credit card I can just enter that into paypal no problem right? Remember, I need to be the one to enter it in... my 90 year old customer doesn't even know how to use a computer
            No, you want their virtual terminal.
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  • Profile picture of the author cpamassive
    try freshbooks
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  • Profile picture of the author paulie888
    The easiest way to do this when you're just starting out is to create a subscription link for your client in Paypal, where you can specify the amount of the initial and recurring payments, as well as how often the client is billed.
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    • Profile picture of the author advancedyn
      Originally Posted by paulie888 View Post

      The easiest way to do this when you're just starting out is to create a subscription link for your client in Paypal, where you can specify the amount of the initial and recurring payments, as well as how often the client is billed.
      Hi Paulie,

      I am going to do this but PayPal has six different options for their recurring payments. Which one do you suggest?

      Cheers!
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  • Profile picture of the author K_tir
    Alertpay is also a good option, what I can see, Alertpays terms and rates is better than Paypal.
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  • Profile picture of the author RachelCorrine
    PayPal - hands down!
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    • Profile picture of the author Tjmcnich
      with paypal doesn't my customer need to sign up for recurring? I'm looking to write down the customers credit card number, go home and sign them up for recurring payments without the customer having to do a thing.
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  • Profile picture of the author John-Galt
    I use Google. If it works online, it will work offline. If people pay by giving you (personally) their Credit Card or check info, why not just plug it in yourself? Don't go off and complicate this..
    Oh and fees at Google are WAYYYY less than PP.
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    • Profile picture of the author lewiswharf
      Originally Posted by John-Galt View Post

      Oh and fees at Google are WAYYYY less than PP.
      What? Both start at 2.9% + $.30
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  • Profile picture of the author jasonmark
    i always used paypal for all my ebay dealings
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    Hi,
    i m looking for an experienced Developer, who have 3 to 5 years PHP and MYSQL working experience.

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  • Profile picture of the author JARooney8423
    I would recommend setting up CheddarGetter. CheddarGetter is an online billing management system that specializes in recurring billing, and its features include multiple pricing plan options, a custom payment gateway, PayPal integration (if you want it), robust analytics, and a thoroughly documented API. They're also just about to roll out a few tools especially made for start-ups, such as a Quick Start Wizard and Hosted Payment Pages that take away most of the hassle of setting up your billing with PCI compliance and an external merchant account. Check them out!
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  • Profile picture of the author Amir Luis
    Never heard of cheddargetter... The name is catchy though...

    will have to look into this one...

    By far.. FreshBooks as turned out to be the best for reporting and management.... IMO


    Freshbooks and Cannybill both will integrate with PayPal Pro accounts....
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    • Profile picture of the author tanya7zhou
      What about WHMCS? It is a complete solution
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  • Profile picture of the author ATTENTION
    Talk about old school.
    I've got two clients that have provided 6 to 12 postdated checks... all ready to deposit on the first of the month. I'm 4 months into each and haven't had any issues. Always open to alternatives.
    Going to the bank today.
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    • Profile picture of the author Amir Luis
      Originally Posted by ATTENTION View Post

      Talk about old school.
      I've got two clients that have provided 6 to 12 postdated checks... all ready to deposit on the first of the month. I'm 4 months into each and haven't had any issues. Always open to alternatives.
      Going to the bank today.

      And you don't have to pay any processing fees this way.... I like it...

      Pain in the @ss to have some one sit down and write out a years worth of checks... but hey... go for it....
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  • Profile picture of the author danielkanuck
    You can use Paypal or 2checkout.com. But i think Paypal now charges a monthly fee to use their installment plan.
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