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-   -   Online/instant payment systems and such. (https://www.dvinfo.net/forum/taking-care-business/89696-online-instant-payment-systems-such.html)

Dylan Couper March 23rd, 2007 09:18 AM

Online/instant payment systems and such.
 
I'm doing a little research on this, as I have serveral clients internationaly from whom I need to collect money.

I don't want to use Paypal because with the 3%, I'll be losing $100+ each. I vaguely remember that you could use your credit card to buy money orders online with Western Union or someone, and they would mail them directly, except now I can't find it on their web site.

I'm also looking for a common form of electronic bank transfer, which would suit my needs as well. In Canada we have Interac/email money transfers at most banks, but no idea if you have it in the US as well.

If anyone can give me some leads on this, I'd appreciate it!

Thanks!

Mike Teutsch March 23rd, 2007 09:30 AM

Dylan,

The easiest way, other than Paypal, may be just to have the money wired between banks. Banks all over the world do this and transfer money every day at certain times.

Most charge a fee for sending and some a fee for receiving. My bank charges twenty dollars for receiving and processing, but that is cheaper than the $100 you mentioned.

Mike


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