Siteroller Blog

Tools Of The Trade: Payment Processors

Obviously, collecting money is an important eventual goal for most startups. ;)

There is a whole range of services out there, in several categories:

Third Party Collections (copy a few lines onto your site and forget about it):

• Google Checkout 
• PayPal
• Amazon Checkout and SimplePay
• Moneybookers
• Perhaps, one day, Facebook. :)

Processing (There are waaay too many to list.  My top 3, but see this thread):

• Innovative (by Intuit)
• Sage Pay
• Amazon Flexible Payments Service Amazon

Recurring Billing:

• Recurly 
• Chargify
• Spreedly

Phone Charge (customer gives mobile number, charge is included in their next phone bill):

• BOKU (Which acquired competitors Paymo and Mobillcash)
• Zong (who works with Facebook)
• Obopay
  Integrating Obopay can be difficult, but they have deals with Nokia and Verizon.

For gamers:

• HeyZap
• PlaySpan
• AdParlor (Virtual Currency, may be owned by Facebook)
  Players can buy virtual money for real cash.
• Offerpal (Virtual currency)
  Offerpal and Zynga were the main players in the highly publicized Scamville debacle.
• Playfish
• HitGrab

• Account Debiting (Much cheaper than taking a credit card, but requires customers to give their bank details): Noca
• Virtual money: Revolution Money Exchange
• Health Niche [though it could be used more broadly]: ClaimsXchange
• Group money management and billing: WePay
• CMS/API: Shopify
• Trust based purchase (user commits to pay - mostly for games or virtual goods): Kwedit
• I have left out micropayments, as they deserve their own post.