thedatabank, gbc works with three payment gateway providers, listed below for comparison. Information and prices listed are subject to change. Be sure to contact the vendors directly to confirm pricing (contact information below).
Payment Gateway Partners
|IATS Payments||Authorize.net||PayPal Checkout|
|Service Type||Payment Gateway||Payment Gateway||Online Wallet|
|Integrates with the Databank||Yes||Yes||Yes|
|Deposits funds to Clients||Next Business Day||1-2 Business Days||Immediately (if buyer uses their PayPal balance or a credit card)**|
|Credit Cards Supported||Visa, MasterCard, Discover, AMEX||Visa, MasterCard, Discover, AMEX||Visa, MasterCard, Discover, AMEX|
|Requires Separate Merchant Account||No||Yes*||No|
|EFT/ACH||Yes||Yes||Yes (buyer pays with PayPal balance or linked checking or savings account)|
|Per Transaction Charge||· 2.6% Visa/DSC; |
· 2.8% MC;
· 3.41% AMX;
|2.9% + $0.30 ||· 501(c)(3): 2.2% + $0.30
· All others: 2.9% + $0.30
|PayPal Account||N/A||N/A||Required unless the PayPal Account Optional option is enabled in your PayPal profile.|
* Merchant account setup may require extra fees. With a combined account, Authorize.Net helps set up the merchant account.
** Funds are deposited to your PayPal balance. Transfer them to your linked bank account at any time.
*** Use PayPal Checkout to offer payment by check.
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How Authorize.net processes payments
How to set up PayPal Checkout