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IT service start-up gateway & merchant service provider selection?

Diane D. White, CPA, CMA, MBA's Profile

I have volunteered to stand up an accounting system for a fledgling technology services firm that just landed its first two income-producing contracts.  I've chosen Quickbooks Pro 2010 as the accounting software, but I'd appreciate tips and recommendations regarding how best to choose a web-based online customer payment service provider (with ease of QB integration as one of the selection factors).    Part of the new company's income stream will come from individuals who sign up for an optional "add-on" service that augments the core package provided and paid for by their parent organization.   These individuals will typically pay $25 a month by credit card, and they will be free to stop their subscriptions any time they want.  There could be anywhere from 5,000 to 50,000 such individual customers a month.   

If you were small and starting from scratch on a restricted budget for a client likely to grow rapidly in terms of credit-card payment transaction volumes, with only Quickbooks as a given, what gateway and/or merchant services provider would you use?    Thanks to all who are willing to share experience and tips.

 

Answers

Bryan Frey
Title: VP Finance/Corp Controller
Company:
(VP Finance/Corp Controller, ) |

Try Zoura http://www.zuora.com/. They do online subscription billing in the cloud - easy to set up and use. I did a quick search and these guys came up as having a QB-Zoura integration package http://www.erpko.com/articles/crm/boomi-zoura-partner-on-saas-crm-applications/ but I can't vouch for it b/c I've never used it.

Diane D. White, CPA, CMA, MBA
Title: Principal and Business Owner
Company: Diane D. White, CPA, CMA
(Principal and Business Owner, Diane D. White, CPA, CMA) |

Thanks for the tip, Bryan -- I will check it out!

JAMES LARR
Title: CFO
Company: CLS PAYEMNT SYSTEMS
(CFO, CLS PAYEMNT SYSTEMS) |

Intuit itself can do it, but their rates and charges may be higher than the best that you could get.

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