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January 02, 2006

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Ah, payment processors...

Since 1996 I've used simple mail-it-to-me processing, Kagi, MoneyPump (defunct), DigiBuy, RegSoft, and Plimus. I'm setup with RegNow but only to get the "buy now" link from Download.com back in the late 1990's and early 2K's.

RegSoft was my primary processor for several years because I liked their flat 10% fee. Then last January I went through my payment records for 2004, comparing what I had paid RegSoft vs what I would've paid Plimus (their rate starts at 10% and reduces for larger orders). I discovered I would've paid a couple thousand less in fees had I been using Plimus. I was switched over (along with my few useful affiliates) within a couple weeks. I haven't estimated what I saved in 2005 from the switchover, but I'm confident it's at least 2X what I had calculated for 2004.

My own indie endeavors (game and otherwise) turn 10 years old this summer.

-David

hi, I also use plimus and the best thing about them is the fast and helpfull customer support.

dd

I have not heard of Plimus before today, looks like good rates. BMTMicro has excellent support but so-so on the rates, at least they're not a DR company. PayPal has some interesting advanced ecommerce features and low rates at 2%. They might be worth a try.

It interests me that you're undertaking a systematic overhaul of a business that, to me, appears spectacularly successful already. Do you have a specific business goal beyond maximizing profits?

Another vote for plimus here, unless you need paypal support, which they dont have yet.
Good plan on the reboot. Always good to see someone not content to rest on their laurels.

"I looked at switching to eSellerate a couple of years ago, but eSellerate has some serious problems (a really bad vendor web site, a stupid rate structure, and it's really difficult to get them to do key generation)"

I don't want this to get into any 'ecommerce provider war' but I had to comment. We have been using esellerate from year 2004 (at Indiepath) and now I'm using it (at Polycount Productions) and I don't think it has a really bad vendor site. I find it pretty nice. key generation was easy using armadillo... don't know what's the system for other ways. they also accept paypal (which is good).

But yes - the rate structure is not good. I agree on that.

Anyway - Plimus is good as well, so I've heard.

Good luck with the reboot. Sounds good.

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