Shopping Cart Reviews

Gateway Details

Fast Transact

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Basic information

Company name
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Fast Transact, Inc.
Product name
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Fast Transact
Payment options
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Visa, MasterCard, American Express, Discover, Diners Club, and JCB
Service type
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Integrated & Gateway
Average review score
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User reviews
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Reviewed by: ISIT Networks
"FastTransact is absolutely horrible. They don't advertise this, but they charge a $50 fee for not doing enough business. My sales in September were $329.87 and they charge $112.68 in fees. I am cancelling them and going to PayPal Virtual Terminal. I do not recommend them to anyone. Furthermore, they attach a 'fine-print' three year agreement and charge you a $200 fee for cancelling if you are not happy with the service. They basically market to small business and then bend them over a barrel. If you are smart, use a larger company like PayPal or Authorize.Net that has a good reputation. FastTransact advertises lower fees, but they hit you with so many non-disclosed add-on fees it's a very bad deal for the merchant. I hope GoDaddy realizes what they are doing to small business and stops promoting them."


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Fees

Setup fee
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0
Transaction fees
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$0.15
Monthly fee
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$29.95 Gateway Fee
Other fees
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$149 onetime gateway fee
Minimum withdrawal
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0
Withdrawal fees
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Unknown
Chargeback fees
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Unknown

Regional

Base country
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USA
Supported countries
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USA only
Local currency
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No

Features

Recurring billing
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Yes - $0.10 per month
High risk
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No
Fraud detection
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Yes
API
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No
Web interface
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No
Skinnable
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No
Shopping cart
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No
Virtual terminal
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Yes

Comments

This product is an average one and is for US merchants only. Not an impressive one at all.

 

Last updated: 2/10/2006 11:28:53 AM

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