Quote:
Originally Posted by Bama
There are a lot of choices and though I've done stuff implementing processors, I've never really asked why anyone has chosen the processor they're using.
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To be honest Bama, there are not that many options available - and prob less when you read the small print.
The main problem with "cash handlers" in this industry is that they fail periodically and cause damage (of varying degrees) to their clients (webmasters).
Forgetting all the "standup guys who run top notch operations", suggest you hit to the core issue and ask any processor - "What mechanisms do you have in place to protect your clients in the event of your demise?" The answer to this should take little more than two sentences - there is webmaster protection in place or there is not.
There are a few companies who do have facilities to cover funding owing to their creditors, - however most do not. It's a gamble.
Next category - there are a few (very few) companies who do have a longish track record free of trauma and problems - would be looking at them as a second tier. Most of these corps do not have any policy for security of webmaster funds, but rely purely on their track record.
Once that initial aspect is cleared - it's then a matter of the quality of service and features etc they provide, - but at least that does not usually mean you lose funds owing to you.