ok facts please
1. having your own merchant account and using a service like NetBilling buts the risk in your hands. You control what level of fraud protection you want to use for the countries that you sell to. Not someone else who TELLS you what you can and cannot take.
2. Does not mater if you have a third party or your own merchant account. you are held to a threshold for Fraud.
3. My conversions are Much better with my netbilling service and my own merchant account then any of the third party billers.
4. My Profit is greater with my netbilling account and my own merchant account paying as little as 4% to 7% of all transaction. Not 10.5 to 13% that some third party will charge. So if you are billing the minimum 35k a month that is $420,000 a year x 5% $21k a year in profit. not to mention increased sales. for those that bill out 10 mil that is 200+k a year.
Like many of you I have seen many changes over the years when it comes to nilling. From the days when 10% chargebacks was ok to now when 1% in no good. We have seen countless third parties go under or lose their merchant account including one of the largest in the world. The one thing that is solid and I can trust is my ability to manage our risk and our fraud controls to determine how much or how little we want to risk.
The point is I control what is best for MY business not someone else.
If you have 35K or more in volume and do not have a merchant account drop a note to my good friend
[email protected] and he will add at least 5% to your bottom line and that is no joke and sales pitch. it is a fact.