MyCase Replaces Authorize.Net and PayPal Pro with MyCase Payments
MyCase users who currently accept credit card payments using Authorize.Net have until December 1st, 2016, to switch to MyCase Payments. A spokesperson for MyCase said the change will allow MyCase “to focus on fewer payments alternatives that offer the best and most seamless experiences.”
MyCase recently consolidated its online payment options, including eCheck/ACH and credit-card payments, into MyCase Payments. MyCase users can accept eCheck/ACH payments for free, and credit cards for a flat, 3% transaction fee. It’s a simple and easy way to accept payments online, which should make it attractive to many lawyers. (“How do I accept credit cards?” remains a popular question on many lawyer email lists.)
Not all MyCase users are happy with this news, however. One emailed me to point out that the 3% transaction fee for credit cards is higher than some other credit-card payment options. But consider these popular credit card processors:
- PayPal: 2.7%.
- Square: 2.75%.
- Stripe: 2.9% + 30¢ per transaction.
- Authorize.Net: $25/month, then 2.9% + 30¢ per transaction.
- PayPal Payments Pro: $30/month, then 2.9% + 30¢ per transaction.
So 3% is higher than, say, PayPal or Square, but those require you to send clients to a third-party website to pay. Stripe probably works out to a few cents less than 3%, on average, but Authorize.Net and PayPal Payments Pro (the only two options you can currently use with MyCase) are probably higher than 3% when you include the monthly fees (depending on how much you take in through online payments each month, of course).
So while switching payment providers may be disruptive, it’s probably a wash on cost. And keeping everything in one place may be more convenient than using several services.
Plus, while it may not matter much to inconvenienced users, the switch will presumably allow MyCase to make better use of resources currently spent maintaining its third-party integrations with Authorize.Net and PayPal.
In any case, if you are a MyCase user, you need to migrate to MyCase Payments by December 1st, 2016.
MyCase Replaces Authorize.Net and PayPal Pro with MyCase Payments was originally published on Lawyerist.com.
Source: https://lawyerist.com/128069/mycase-replaces-authorize-net-paypal-pro-mycase-payments/
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