 |
 |
 |
 |
| Require Merchant account? |
Yes |
No |
No |
| Payment methods |
Protx handles all major credit and debit cards |
Nochex process UK credit and debit cards |
Paypal handles all major credit and debit cards |
| Currencies supported |
GBP, USD, EUR, AUD, NZD, HKD, DKK, SGD, SEK and CAD |
GBP as default currency.
Avaibale to UK customers only |
GBP, USD, EUR, AUS, JPY and CAD
Available
to 45 countries |
| Cost of transaction (collected by service provider) |
£20 per month or 10p per transaction |
2.9% plus 20p per transaction |
up to 3.4% plus 20p per transaction |
| Customer registration |
Not required |
Not required |
No required for approved merchant |
| Set up cost/Annual fee |
Free |
Free |
Free |
| Withdrawal delay |
3-4 working days |
3 working days |
7 working days |
| Cost to withdraw fund |
Free |
Free |
Free |
| Benefits offered by service provider |
1. Professional look for your website.
2. High levels of security with their fraud prevention/
risk management services.
3. Process payment (link to customers' credit card bank
directly) in real-time.
See Store2Go's Guide |
1. Nochex allow transaction up to £100 for
seller accounts, up to £1000 and international
transactions for Merchant Accounts
2. Nochex Chargeback protection offered
3. Customisable checkout for Nochex Merchant Account
Holders |
1. Paypal is well-known and with thousands of users
worldwide.
2. Multiple currencies supported.
3. Partial customisation is provided at Paypal payment
gateway. |
| Drawbacks |
1. Not all merchants can get merchant account from their
bank.
2. Higher cost as compared with Paypal or Nochex. |
1. Accounts for UK customers only.
2. Retained Balance for Mechant Account Holders (refunded
at end of contract) |
1. Paypal applied chargeback when buyer complaint or
credit card fraud.
2. Long delay in fund withdrawal.
3. Long delay in new registration. Paypal takes up to
a week to validate new user. |
| Website Link |
www.protx.com |
www.nochex.com |
www.paypal.com |
Last updated on 12 August 2005. If you found any of the above
information is no longer valid or you think some other information
need to go into the above table, please contact
our technical department.
