I use Paypal to handle payments. Recently I found out they require the customer to have an account for large transactions. However, it is impossible for a corporate credit card user to create an account. Also, the customer could pay by check due to bureaucracy.
To solve this, I signed up with Paypal virtual terminal, which allowed me to accept the credit card over the phone, and not be subject to any limits. However, the monthly fee eats some profit for these one-time transactions.
Is there a payment processor that:
- Handles transactions of a few thousand dollars
- Charges per-transaction and not monthly?
- Works for a seller based in Canada