Quote:
Originally Posted by rayadp05
If you are not using MasterCard as an option for your potential customers, you are losing out on a lot of online sales. 
I don't want to pay the fee either, but at least they are only taking out $100.00 per week. That's a lot better than taking out $500.00 in one shot. |
That's what I though too, until I got this lovely e-mail last night:
Dear Doug,
As you may be aware, starting May 24, 2013, MasterCard will be implementing an annual fee of $500 as a requirement for accepting payments on what MasterCard deems as high-risk sales. This fee will be applicable to your online business, and as your trusted e-commerce platform, we need to make you aware of a couple of key items.
CCBill is a MasterCard Payment Facilitator; meaning we will process MasterCard sales, provided the annual fee is paid.
To keep processing with MasterCard, you can submit your payment here or contact CCBill Contract Administration at [email protected] to set up the first $500 annual payment.
If you do not contact Contract Administration prior to May 24, you will *NO LONGER* be able to process MasterCard payments through CCBill.
We understand the annual fee could present challenges and appreciate your cooperation. If you have additional questions about the Payment Facilitator Program, visit our special online FAQs located here:
http://www.ccbill.com/cs/mc_faq.htm
or contact Client Support at [email protected].
Thank you for your attention to this matter.
CCBill
Kind of sucks they told me the opposite not even three days earlier.
