Quote:
Originally Posted by American Psycho
Of course .... but what is the effective processing % when you factor in all merchant fees AND gateway fees.
As i said above this will differ as all have slightly different rates but as someone moving from lets say ccbill at 14% , what % of my revenue will be going to processing with a merchant account + gateway fees.
will % of my revenue will be going to processing be approx
6%?
7%?
8%?
just trying to get an idea of savings others are seeing...
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You're estimates aren't far off. Your own merchant account lets you be in charge. You hold the data too. You also have to do your own customer support. For low volume that support is usually very manageable. For high volume the extra cost for 3rd party help is affordable and certainly justified.
I'll quote you. Send me a note.