Quote:
Originally Posted by fuzebox
Getting your own merchant account will save you some points on the rate, and give you more control over stuff like your join form and scrubs... Keep in mind though you have to do your own affiliate payouts, and do your own member/billing support (or use a support service). Netbilling will handle this for you as well, but depending on what level you're at volume wise, the savings may not be that high. If you're paying 12% with ccbill now, and get a merchant account at 6%, by the time you factor in the additional netbilling percentage and the support costs, you may only be saving 1-2%, while having to deal with running your own payouts.
I still think a merchant account is the best way to go, but it's not for everyone  |
If you are paying 12% with a third party processor, typically you are processing a good amount and have a long history with them from what I have seen. Also, if you are paying 6% for the merchant account, that is a bit high if you are fairly high volume. With our pricing including a merchant account that we can help you obtain through us or many of our partners, including customer service and everything else, you should be around 7%, depending on your average ticket. So based on those numbers, if you are processing $100k per month, you would save, about $5000 per month.
That is a nice house payment!
Questions?
Mitch
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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!