Comments on: Ecommerce-friendly Banks in Ireland? http://www.web2ireland.org/2008/01/25/ecommerce-friendly-banks-in-ireland/ This blog is dedicated to web2.0 companies and news in Ireland Sat, 13 Mar 2010 09:06:15 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Sean Owens http://www.web2ireland.org/2008/01/25/ecommerce-friendly-banks-in-ireland/comment-page-1/#comment-92909 Sean Owens Wed, 26 Mar 2008 17:47:35 +0000 http://www.web2ireland.org/2008/01/25/ecommerce-friendly-banks-in-ireland/#comment-92909 There is a way of doing this without the hassels. It requires meeting someone who has done it before. I have installed many of these payment systems with realex and Irish merchant accounts. Alot of the time it can depend on who you deal with in the bank and how strictly they are adhering to internal policy. If you were to adhere to the letter of the bank internal law entry to ecommerce would cost way more than it does at the moment. It depends on what you think your transaction rate and turnover is going to be on whether you choose worldpay, paypal, endevour or realex. The quickest we have completed a realex integration from merchant credit account to payments live online is 6 weeks. There is a way of doing this without the hassels. It requires meeting someone who has done it before. I have installed many of these payment systems with realex and Irish merchant accounts. Alot of the time it can depend on who you deal with in the bank and how strictly they are adhering to internal policy. If you were to adhere to the letter of the bank internal law entry to ecommerce would cost way more than it does at the moment.

It depends on what you think your transaction rate and turnover is going to be on whether you choose worldpay, paypal, endevour or realex.

The quickest we have completed a realex integration from merchant credit account to payments live online is 6 weeks.

]]> By: Paul http://www.web2ireland.org/2008/01/25/ecommerce-friendly-banks-in-ireland/comment-page-1/#comment-77357 Paul Mon, 18 Feb 2008 13:52:19 +0000 http://www.web2ireland.org/2008/01/25/ecommerce-friendly-banks-in-ireland/#comment-77357 I think there is definitely scope for someone to step in here and take the online processing / merchant account / setting up an online transaction site much easier..This isn't the first horror story I've heard. Why paypal doesn't move towards a more transparent payment gateway type option is beyond me. I think there is definitely scope for someone to step in here and take the online processing / merchant account / setting up an online transaction site much easier..This isn’t the first horror story I’ve heard. Why paypal doesn’t move towards a more transparent payment gateway type option is beyond me.

]]> By: Jan Blanchard http://www.web2ireland.org/2008/01/25/ecommerce-friendly-banks-in-ireland/comment-page-1/#comment-68840 Jan Blanchard Tue, 29 Jan 2008 15:22:44 +0000 http://www.web2ireland.org/2008/01/25/ecommerce-friendly-banks-in-ireland/#comment-68840 You would think it gets easier when you want to set up a system to send money to the bank! Unfortunately not, we had similar issues with BOI. They refused to set up a merchant account because our company address was also my home address. When asked some explanations, I was told that this was company policy and that's it. So we had to change the company address and complete a 30 pages application with business plan and full 9 yards to get started. Oh and we also had to set up an account with the intermediary company, Realex in our case, to process the transaction. it took us a good 3 months to get things in order, a good thing we didn't have users queuing up to send us money. My piece of advice, use paypal! You would think it gets easier when you want to set up a system to send money to the bank! Unfortunately not, we had similar issues with BOI. They refused to set up a merchant account because our company address was also my home address. When asked some explanations, I was told that this was company policy and that’s it. So we had to change the company address and complete a 30 pages application with business plan and full 9 yards to get started. Oh and we also had to set up an account with the intermediary company, Realex in our case, to process the transaction. it took us a good 3 months to get things in order, a good thing we didn’t have users queuing up to send us money. My piece of advice, use paypal!

]]> By: A Guide to Online Payment Processing .:. Weeno Blog .:. Weeno Ireland Ltd. http://www.web2ireland.org/2008/01/25/ecommerce-friendly-banks-in-ireland/comment-page-1/#comment-68267 A Guide to Online Payment Processing .:. Weeno Blog .:. Weeno Ireland Ltd. Mon, 28 Jan 2008 00:42:45 +0000 http://www.web2ireland.org/2008/01/25/ecommerce-friendly-banks-in-ireland/#comment-68267 [...] are what banks term “customer not present transactions” see a discussion on this here.) A merchant account is different and separate to your normal business account, it is solely to [...] [...] are what banks term “customer not present transactions” see a discussion on this here.) A merchant account is different and separate to your normal business account, it is solely to [...]

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