If you are a merchant that bills customers every month, the
QuantumGateway has a recurring billing feature built-in. This feature
allows the merchants to charge a customer's credit card on a recurring basis
without the hassles to storing the credit card number.
If you are charging a set amount at a specific time, you can easily create this using the QuantumGateway's API. Some of the standard recurring billing types are:
You can set up customized recurring billing types as well. If you charge your customers the 6th of every month, you can create a type to automatically charge your customers on the 6th.
However, if the amount varies per month, this can be problematic for both the merchant and the customer. The merchant needs the credit card number to charge an amount, but storing the credit card number is risky. With the Quantum Vault, the merchant can easily have his system send the amount / customer ID to the QuantumGateway and charge the specific amount. This feature is free to all merchants that use the QuantumGateway.
By signing up today with the QuantumGateway, the QuantumGateway is available at no charge. The merchant account is only $8.00 a month with no monthly minimums and no termination fee. Most merchant account providers charge between $10.00 - $50.00 a month. If you choose us, this could save you at least $120.00 a year in just those fees alone.