Introduction

Payment processing technology has come a long way since the days of cash and paper checks. Online transactions have made it easier for merchants to process payments, but it’s important to choose the right payment processing company that suits our business needs. In this article, we’ll be comparing two of the most popular payment processing companies: CCBill and Verotel.

CCBill

CCBill was founded back in 1998 and has been providing payment processing services to merchants for over 20 years. They’re a well-established company that’s known for their reliable and secure payment processing platform.

Features

CCBill offers a wide range of features that make it an ideal payment processing service for businesses that require flexibility and control over the payment process. Some of the key features include:

• Multiple payment options like credit cards, PayPal, and ACH transfers
• Subscription management and recurring billing
• Fraud protection and chargeback management
• Customizable payment pages
• Detailed reporting and analytics

Fees

CCBill charges a one-time setup fee of $750 for merchants, followed by a monthly maintenance fee of $30. They also charge a transaction fee of 7.5% + $0.75 per transaction.

Verotel

Verotel is another well-established payment processing company that’s been in business since 1998. They’re known for their simple and easy-to-use payment processing platform that’s ideal for small to medium-sized businesses.

Features

Verotel offers a limited range of features compared to CCBill, but it still provides everything a small to medium-sized business needs in a payment processing service. Some of the key features include:

• Multiple payment options like credit cards, PayPal, and bank transfers
• Subscription management and recurring billing
• Fraud protection and chargeback management
• Customizable payment pages
• Fraud protection and chargeback management
• Simple integration with most website builders and CMS platforms

Fees

Verotel charges a one-time setup fee of €69, followed by a monthly fee of €10. They charge a transaction fee of 15% per transaction.

Conclusion

Both CCBill and Verotel have pros and cons depending on your business needs. CCBill has more features and a lower transaction fee, but the setup and maintenance fees can be costly. Verotel, on the other hand, has a lower setup and maintenance fee, but the transaction fee is comparatively higher.

Before deciding on a payment processing service, take the time to research and compare different options to find the best fit for your business.

References:

[1] CCBill Pricing: https://www.ccbill.com/pricing/ [2] Verotel Pricing: https://verotel.com/pricing