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Nairaland Forum / Science/Technology / Webmasters / Interswitch Merchant Charges And Setup Fee (7842 Views)
Who Needs Joomla Ecommerce Package And Setup Tutorial / Royal Rumble! Paga Vs. Voguepay. Vs Gtpay. Vs Interswitch. Vs Zenith Global Pay / Interswitch /etransact And Vpay Cards For N15,000 Set Up ? (2) (3) (4)
Interswitch Merchant Charges And Setup Fee by classicity: 12:39am On Jul 16, 2006 |
Anyone has any idea how much interswitch charges for an internet merchant account and what their fees per transaction are? |
Re: Interswitch Merchant Charges And Setup Fee by timba(m): 11:47am On Jul 16, 2006 |
The last time I made enquiries, it was going for N150,000. Hope this helps. By the way, you can always contact Pekun Famoroti ([email]pfamoroti@interswitchng.com[/email]) who's in the Business Solutions Group. You could also call him on phone: +234-1-4739101, 4616299, Ext 1401. Alternatively, you could check the web site: http://www.interswitchng.com/product.asp?id=7 |
Re: Interswitch Merchant Charges And Setup Fee by Seun(m): 1:53pm On Jul 17, 2006 |
Wow, timba, your post is loaded with useful information. Thanks for sharing! |
Re: Interswitch Merchant Charges And Setup Fee by anizzle(m): 3:19pm On Jul 17, 2006 |
can this interswitch guys help someone in nigeria get a paypal account? |
Re: Interswitch Merchant Charges And Setup Fee by Seun(m): 3:38pm On Jul 17, 2006 |
No, all they have is an alternative to Paypal for those who have bank accounts in Nigeria. |
Re: Interswitch Merchant Charges And Setup Fee by deb(m): 2:22pm On Jul 19, 2006 |
Is 150,000 a one time payment? |
Re: Interswitch Merchant Charges And Setup Fee by Viper(m): 6:18pm On Jul 19, 2006 |
They aren't good enough jo. I have a close friend who has used there services and was so pissed he terministed his dealing with them. And their services are limited to switching. and you must use a PC before you can make transactions I personally prefer etransact and i have been having feelers that they are much more flexible than interswitch. youcan check their website here www.etranzact.com |
Re: Interswitch Merchant Charges And Setup Fee by rock2(m): 10:14am On Jul 20, 2006 |
i thought e-transact could not be used for online payments |
Re: Interswitch Merchant Charges And Setup Fee by Viper(m): 1:10pm On Jul 20, 2006 |
rock2: lmao! It can be used for all anner of payments. Online, POSs and even mobile. They are the best now in the country. I heard they are now moving into other countries in africa and americas. for online payments, i know they are on www.acn.aero and www.computerport.biz if i remember rightly |
Re: Interswitch Merchant Charges And Setup Fee by jimmyjam: 11:04pm On Aug 23, 2008 |
come is it that the people from nopestco are trying to collect the money they owe people via interswitch. because how can any normal company or human being charge $1,500.00 (one thousand five hundred dollars) just for a bill payment and debit card account (e-transact). the new alhaji thats in charge of interwitch should be sacked, thier office should be burnt down. it should not cost more then $100.00 (i.e ten thousand naira) as a one time fee. Or $10 (10 dollars i.e 1,000 naira) as an anuual fee if billed annually |
Re: Interswitch Merchant Charges And Setup Fee by yawatide(f): 12:49pm On Aug 24, 2008 |
@jimmyjam It's called capitalsim. As a company, Interswitch has the right to charge whatever they want for their services. As a consumer (the most important part of this equation), you have the right to either use their services or go elsewhere. Free market capitalism is the best path to prosperity. It's all about choice. People, including myself, are where we are today because of the choices we made in the past. |
Re: Interswitch Merchant Charges And Setup Fee by Seun(m): 12:56pm On Aug 24, 2008 |
As a consumer (the most important part of this equation), you have the right to either use their services or go elsewhere.As a consumer, you also have a right to complain about anything you find unsatisfactory, including the price. Without this, companies won't know how to improve their services. This is called market feedback, and it is also part of capitalism. |
Re: Interswitch Merchant Charges And Setup Fee by yawatide(f): 4:37am On Aug 25, 2008 |
@Seun, I will agree to disagree with you on this one (in order to prevent a ban ) - I think by speaking with your wallet (going elsewhere) resulting in reduced revenues to the business (and maybe a drop in stock price to boot), you send a message to the business that they better change their ways and innovate or bite the dust. |
Re: Interswitch Merchant Charges And Setup Fee by kehers(m): 4:37pm On Aug 25, 2008 |
@ viper While it may be well argued that etranzact is flexible, when it comes to online payment with ATM cards, interswitch rules. The thing is that interswitch issues most of the ATM cards around. Etranzact runs for just 2 banks (if im still correct) and u see the funny thing is that u cant use an etranzact ATM card on a site dat runs on interswitch's payment integration and viceversa. For this reason, some sites integrate both payment solutions. For the sake of it, eTranzact's payment integratn cost N120,000 |
Re: Interswitch Merchant Charges And Setup Fee by mrph: 7:47am On Nov 28, 2010 |
This is kinda old, BUT im in the process of deploying an online shop in Nigeria based on magento and im wondering if these info and prices here are still up to date: Is interswitch still 150k setup and 1.5% each transaction ? Is etransact still 120k setup and what are their transaction fees? Is etransact still only on 2 banks? If so, I doubt its worth more than 10K Advice pls |
Re: Interswitch Merchant Charges And Setup Fee by msanda(m): 8:14pm On Jun 16, 2012 |
mrph: This is kinda old, BUT Asking the above questions as well. Any answers? |
Re: Interswitch Merchant Charges And Setup Fee by adewaleafolabi(m): 6:45am On Jun 17, 2012 |
Try Fidelity paygate. It offers you a payment gateway to all cards. Call Yombo 08035636175 and its free (As at the last time i setup payment for a client (February)) 1 Like |
Re: Interswitch Merchant Charges And Setup Fee by databoy247(m): 12:09pm On Jun 17, 2012 |
or better still you can make use of eyowo.com. Its more flexible and incorporates interswitch and etranzact. I think the annual fee is 6k (i think). |
Re: Interswitch Merchant Charges And Setup Fee by ojochidem(m): 11:11pm On Jun 18, 2012 |
I use VoguePay.com and I am a sub-aggregator. The fees are affordable and there is no yearly renewal fee. With N1,000 you can integrate Interswitch, Verve and Mastercard payment on your site. |
Re: Interswitch Merchant Charges And Setup Fee by chitex88(m): 10:21am On Jun 19, 2012 |
ojochidem: I use VoguePay.com and I am a sub-aggregator. The fees are affordable and there is no yearly renewal fee. With N1,000 you can integrate Interswitch, Verve and Mastercard payment on your site. Has anyone else used VoguePay.com. Lets know more about their service.Visited their site,they sounds to be good,but need to know of more people that has used the service. Moreover they said registering is free,anual fee, free, so where does the N1,000 comes in. explain bros. |
Re: Interswitch Merchant Charges And Setup Fee by databoy247(m): 8:24pm On Jun 19, 2012 |
VoguePay looks nice |
Re: Interswitch Merchant Charges And Setup Fee by ojochidem(m): 8:54pm On Jun 19, 2012 |
chitex88: I use it on my site and have collected and withdrawn money from it. The N1,000 is to verify your business with Interswitch, so as to enable you receive money thru interswitch. Otherwise, your customers have to create a Vogue account before paying into your voguePay wallet. |
Re: Interswitch Merchant Charges And Setup Fee by chitex88(m): 4:13pm On Jun 20, 2012 |
ojochidem: thanx very much will start using it. |
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