Finance Problem
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:confused:Any body knows what the process for doing automatic debit's from an account. I have the proper (legally binding) documents for doing it but how do you actually do it through asp.net Mr Banker
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:confused:Any body knows what the process for doing automatic debit's from an account. I have the proper (legally binding) documents for doing it but how do you actually do it through asp.net Mr Banker
You need to contact a payment provider. I have used authorize.net before, with success. There are others though, so you should probably investigate. There are also some more full-service companies that provide a more complete service.
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You need to contact a payment provider. I have used authorize.net before, with success. There are others though, so you should probably investigate. There are also some more full-service companies that provide a more complete service.
I believe I require a bank merchant license (similar as resturants who have credit card swipping capabilities. Another question though, this authorize.NET is third party, is it free. I am a startup company with a great idea so i need to minimise costs as much as possible. Is there anyway of doing it without thirdparty. Do all banks use the same protocols for connecting to them and processing transfers. I just need to know if it is possible because it will help alot for my future developments as well.