What percentage do processors normally take as fees?

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  • DamageX
    Marketing & Strategy
    • Jun 2001
    • 14293

    #1

    What percentage do processors normally take as fees?

    What's your experience with differentt processors? Looking for those who'd process for European companies.
    Whitehat is for chumps

    If you don't do it, somebody else will - true story!
  • AlienQ - BANNED FOR LIFE
    best designer on GFY
    • Mar 2003
    • 30307

    #2
    Why dont you ask European processors dumb ass.

    Its not to hard ya tard.

    Comment

    • AlienQ - BANNED FOR LIFE
      best designer on GFY
      • Mar 2003
      • 30307

      #3
      Like you would even know what the fuck to do in the first place.

      Comment

      • Anna_O
        Confirmed User
        • Oct 2002
        • 5773

        #4
        Depends on the volume you do... CCBill EU starts at 15% or 16% I think. Don't remember exactly, but they take away a nice chunk from our checks anyway


        Fetish by Anna Paysite - Nylons Bondage Latex Lesbians Glamour

        Annas Dungeon - 70k / day Fetish TGP
        ICQ 246797915

        Comment

        • chowda
          Confirmed User
          • Jun 2003
          • 9527

          #5
          mainstream processor are so much lower i dont know which one to pick
          Someone finds you...
          2007

          PS: Nationalnet is the best host I've ever had. And i tried alot of them.

          Comment

          • DamageX
            Marketing & Strategy
            • Jun 2001
            • 14293

            #6
            Originally posted by chowda
            mainstream processor are so much lower i dont know which one to pick
            Yeah, I know, but since this wouldn't be a mainstream project I have a feeling they wouldn't take this on.
            Whitehat is for chumps

            If you don't do it, somebody else will - true story!

            Comment

            • Dr. Wicks
              Confirmed User
              • Jul 2003
              • 419

              #7
              Fees can vary based on what services are being provided, however, a 3rd party model such as CCBill will take between 12.3% and 16% based on your weekly volume as well as a 5% bank reserve for companies based in the EU region. There are no other bank fees or hidden fees.

              http://www.ccbilleu.com/signup.html for more specific info.

              let me know if you have any questions or if I can help in any way.

              [email protected]
              Dr. Wicks

              Comment

              • DamageX
                Marketing & Strategy
                • Jun 2001
                • 14293

                #8
                Originally posted by Dr. Wicks
                Fees can vary based on what services are being provided, however, a 3rd party model such as CCBill will take between 12.3% and 16% based on your weekly volume as well as a 5% bank reserve for companies based in the EU region. There are no other bank fees or hidden fees.

                http://www.ccbilleu.com/signup.html for more specific info.

                let me know if you have any questions or if I can help in any way.

                [email protected]
                How long will the reserves be kept for?
                Whitehat is for chumps

                If you don't do it, somebody else will - true story!

                Comment

                • Dr. Wicks
                  Confirmed User
                  • Jul 2003
                  • 419

                  #9
                  Reserves are held for 26 weeks and then returned.

                  Doug
                  Dr. Wicks

                  Comment

                  • DamageX
                    Marketing & Strategy
                    • Jun 2001
                    • 14293

                    #10
                    Originally posted by Dr. Wicks
                    Reserves are held for 26 weeks and then returned.

                    Doug
                    So roughly six months, thanks.

                    Any others?
                    Whitehat is for chumps

                    If you don't do it, somebody else will - true story!

                    Comment

                    • DamageX
                      Marketing & Strategy
                      • Jun 2001
                      • 14293

                      #11
                      No other processor reps around?
                      Whitehat is for chumps

                      If you don't do it, somebody else will - true story!

                      Comment

                      • chowda
                        Confirmed User
                        • Jun 2003
                        • 9527

                        #12
                        ill keep bumping this too. just coz i dont know where to get what
                        Someone finds you...
                        2007

                        PS: Nationalnet is the best host I've ever had. And i tried alot of them.

                        Comment

                        • synapse
                          NameNetwork.com
                          • Jan 2003
                          • 1175

                          #13
                          Check out my buddy Bob's new processor http://www.ynotpayment.com/ ... their offering a low low 10%

                          Comment

                          • andrej_NDC
                            Registered User
                            • May 2004
                            • 7760

                            #14
                            Originally posted by DamageX
                            No other processor reps around?
                            not such many processors around...
                            In Europe you can choose between ccbill, epoch and verotel, then a few smaller ones. All of those 3 mentioned have similar fees.

                            Comment

                            • NETbilling
                              Confirmed User
                              • Jan 2002
                              • 8599

                              #15
                              Hi,

                              Our fees are only 1.5% and 15¢ per transaction. The bank charges about 6% on top of that for the merchant account in the EU.

                              Questions?

                              Thank you, Mitch Farber


                              Mitch Farber
                              CEO - NETbilling, Inc.
                              Email / Phone: 888-357-8166 / 661-252-2456
                              Transaction processing & 24/7 call center services with exceptional rates and flexibility, since 1998!

                              Comment

                              • Gumball
                                Registered User
                                • Jul 2005
                                • 34

                                #16
                                iBill has new rates as low as 9.69%, new owners and secure pay

                                Comment

                                • Barefootsies
                                  Choice is an Illusion
                                  • Feb 2005
                                  • 42635

                                  #17
                                  I think it varies all over on percentages, and reserves.

                                  I use http://b-h-e.com, and it's 15%, and no reserve. Just a 2 week delay. So you are 2 weeks in the rears. I've seen other w/ 3-6 month reserves, and percentages both higher and lower. You just gotta shop around.
                                  Should You Email Your Members?

                                  Link1 | Link2 | Link3

                                  Enough Said.

                                  "Would you rather live like a king for a year or like a prince forever?"

                                  Comment

                                  • Gottis
                                    Confirmed User
                                    • May 2004
                                    • 1746

                                    #18
                                    Originally posted by NetBilling
                                    Hi,

                                    Our fees are only 1.5% and 15¢ per transaction. The bank charges about 6% on top of that for the merchant account in the EU.

                                    Questions?

                                    Thank you, Mitch Farber
                                    While low fees and all, I think it's good idea to mention the monthly volume that's required for such an account. Adult merchant account in EU is what, $100k/mo?
                                    Hit me up for ABC link trades - icq 7583011

                                    Comment

                                    • andrej_NDC
                                      Registered User
                                      • May 2004
                                      • 7760

                                      #19
                                      Originally posted by Gumball
                                      iBill has new rates as low as 9.69%, new owners and secure pay
                                      fuck ibill

                                      Comment

                                      • ibillfan
                                        Registered User
                                        • Jul 2005
                                        • 29

                                        #20
                                        Ibill Rates

                                        IBILL RATES START AT 13.69%
                                        THEY HAVE NEW OWNERS THAT BROUGHT IN THIS NEW LOCK BOX SYSTEM THAT GIVES YOU 100% SECURED PAY.
                                        ALSO , THEY ARE USING G-KARD SO WHEN THEY GO TO DAILY PAY OUT YOU CAN GET YOUR MONEY SENT TO A G-KARD VISA , SORT OF LIKE A DEBIT CARD. GO TO WWW.IBILL.COM

                                        Comment

                                        • sonofsam
                                          Too lazy to set a custom title
                                          • Dec 2004
                                          • 18648

                                          #21
                                          Originally posted by ibillfan
                                          IBILL RATES START AT 13.69%
                                          THEY HAVE NEW OWNERS THAT BROUGHT IN THIS NEW LOCK BOX SYSTEM THAT GIVES YOU 100% SECURED PAY.
                                          ALSO , THEY ARE USING G-KARD SO WHEN THEY GO TO DAILY PAY OUT YOU CAN GET YOUR MONEY SENT TO A G-KARD VISA , SORT OF LIKE A DEBIT CARD. GO TO WWW.IBILL.COM
                                          I like turtles.

                                          Comment

                                          • DamageX
                                            Marketing & Strategy
                                            • Jun 2001
                                            • 14293

                                            #22
                                            Originally posted by ibillfan
                                            IBILL RATES START AT 13.69%
                                            THEY HAVE NEW OWNERS THAT BROUGHT IN THIS NEW LOCK BOX SYSTEM THAT GIVES YOU 100% SECURED PAY.
                                            ALSO , THEY ARE USING G-KARD SO WHEN THEY GO TO DAILY PAY OUT YOU CAN GET YOUR MONEY SENT TO A G-KARD VISA , SORT OF LIKE A DEBIT CARD. GO TO WWW.IBILL.COM
                                            Can't blame a guy for trying...
                                            Whitehat is for chumps

                                            If you don't do it, somebody else will - true story!

                                            Comment

                                            • vicki
                                              Confirmed User
                                              • Feb 2002
                                              • 1478

                                              #23
                                              3rd party will run you between 12.5 - 16% depending on which company and your volume

                                              Merchant account will run you between 5 - 8% depending on volume and past trans history.

                                              Gottis, no - you can actually get an EU merchant account with very little monthly volume. Its the Asian banks that normally like high volume only.
                                              Heck I even have one bank that allows for startup companies (meaning no past transaction history and startup volume)!

                                              Have questions? give me a shout and I'll answer
                                              If at first you do succeed - try to hide your astonishment.

                                              HR merchant accounts from 3.45%
                                              solid biz since 98
                                              victoriakozub AT gmail.com
                                              skype: victoria.kozub | ICQ: 74296746

                                              Comment

                                              • sperbonzo
                                                I'd rather be on my boat.
                                                • May 2003
                                                • 9750

                                                #24
                                                You may also want to look at SegPay

                                                They have the BANK hold the funds prior to payout, rather then the processor themselves holding the funds.

                                                www.segpay.com

                                                Get in touch with me for more info
                                                Michael Sperber / Acella Financial LLC/ Online Payment Processing

                                                [email protected] / http://Acellafinancial.com/

                                                ICQ 177961090 / Tel +1 909 NET BILL / Skype msperber

                                                Comment

                                                • andrewatibill
                                                  Registered User
                                                  • Jul 2005
                                                  • 33

                                                  #25
                                                  iBill has a base rate of 13.69%, both US and Europe, with a sliding scale downward for increased volume. Yes, that is MAXIMUM rate for new clients of 13.69%
                                                  We also have a 10% rolling reserve, paid back after 6 months.
                                                  Payouts are through our secured payout system, gkard secured, DIRECTLY from the acquiring bank to your account, by ACH (US) or Wire Transfer (Europe)
                                                  If you have additional questions please check ibill.com or email me at [email protected]

                                                  andrewatibill ([email protected]) - iBill Account Manager

                                                  BTW: I will be at InterNext

                                                  Comment

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