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Comment by JarekS | Hacker News Reader

Please check http://2checkout.com - it's really nice, easy to setup and international friendly system. We use it in http://smartupz.com

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From the site: 2CO applies a 5.5% commission on each transaction, plus a $0.45 USD charge per transaction.

That sounds incredibly expensive to me, even PayPal is cheaper (https://www.paypal.com/cgi-bin/webscr?cmd=_display-receiving...).

Depends. PayPal can add a 1% charge for international transactions, and an extra 2.5% charge for currencies other than USD.

Source: https://merchant.paypal.com/cms_content/US/en_US/files/merch...

The 2.5% only applies if you receive in another currency than USD. Usually you request the payment in USD, so the conversion happens on the sender's end. Didn't know about the 1% though, I'm wondering if that still applies as I can't find in on the regular site.

The 2.5% actually applies to currency conversion. So as long as your PayPal account currency is the same as the currency that you charge in there should be no conversion?

While we're talking about PayPal, if you want to do small transactions there's a special micro payment account with fees of $0.05 + 5%. Works out cheaper for payments < $12. It was hidden somewhere, not sure how I stumbled across it.

http://www.paypal.com/IntegrationCenter/ic_micropayments.htm...

No this is not expensive, it's what all payment processors charge, and until you do 10k a month, it's so much better an option than anything else that everybody should just stick to a payment processor when launching small services. There is absolutely no way anyone on a solo budget/time frame can afford to roll their own solution (not even doing CC processing through a CC gateway).

(and yes I do realize that it hurts to see those costs the first few times you make a sale, getting upset over costs like this is the hallmark of the noob internet businessman - it'll pass. Wait until you get your first bill for a nonsense legal issue or pay a 100k settlement for which you know you're in the right but for which you also know that going the length will cost more. Those are the times when it will hurt even more than this.)

Using (well, still working on it) 2co right now. It's a good choice given the current market, but I really wish better documentation when it comes to API integration. On the plus side support is great and prompt.

radu_florica,

We are currently working on updates to our API documentation. If you have any suggestions please feel free to send them to techsupport@2co.com.

Just to update often :)

There was/is a bunch of stuff which was completely different from the publiched docs, and all of it was know to the support staff. Seems to me a bit bureaucratic to have know issues which haven't found their way to the official docs.

Does it have an API?

Yes it does!

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