Quote:
Originally Posted by pornguy
Are you getting screwed? Maybe maybe not. When was the last time you got a lower % for processing from them for the past HOW MANY years?. Even a temp one like offered here for new accounts?
The answer to your question of how it is effecting you in any way is simple.
CCBIll must pay employees to get those people set up.
CCBill pays fees for the transactions.
CCBill pays Server fees and BW fees etc and admin fees.
How does that get paid? If a new client is NOT paying in on the first 50K someone is paying it and I highly doubt Ron wrote a personal check to cover it.
To me it would make more sense to offer incentive to older accounts to up sales than the new people that dont have a proven track record with them already. Or hell even a Here is 1/2 a % off for 3 to 6 months for sticking with us all these years.
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I see what you are saying but how about going to your CCBill rep and negotiating a better deal regardless of this new offer? Just sayin'.
But as Robbie pointed out, the offer has limitations and I think the overall effect on existing clients would be minimal. Those fees and employee costs are being paid regardless now anyway so if you calculate the effect on existing clients (however many thousands CCBill has) the % you would be contributing to these new customers should be tiny.