Everyone else's Mastercard fees due tomorrow too?

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  • MakeMeGrrrrowl
    Grrrrrrrrr
    • Oct 2002
    • 4986
    #1

    Everyone else's Mastercard fees due tomorrow too?

    Why my merchant guy decides to tell me TODAY that my high risk fees are due TOMORROW I have no clue. Thanks dude for giving me a heads up. 'Preciate ya!

    Does everyone pay them at the same time or is it different for everyone?
    Tags: None
    • NickBaer
      Nick Baer
      • Jun 2005
      • 1393
      #2
      The Merchant Processor might have the same renewal date for all, just to make it easier for him. I don't remember if I was quoted an "annual" fee based on Jan 1- Dec 31.
      Made my first porno in 1986. Sold my first VHS in 1993. Did my first live Cam in 1994. Coach-Karl.com NickBaerGallery.com I host with MojoHost.com and To Buy or Sell Sites Imagine AI Content

        Comment

        • JasonCollins
          Confirmed User
          • Sep 2013
          • 970
          #3
          We (Verotel) only charge annual fees for merchants with less than EUR 100/week in processing and in this case the fee is required from your anniversary date - one year later.

          If you have volume greater than EUR 100/week in processing, we pay the fee on your behalf.
          Transparent, hassle free payments: DialXS.com
          Email: [email protected] | Telegram: jpcams

            Comment

            • MiamiBoyz
              fgfdftre6
              • Oct 2012
              • 6690
              #4
              Originally posted by JasonCollins
              We (Verotel) only charge annual fees for merchants with less than EUR 100/week in processing and in this case the fee is required from your anniversary date - one year later.

              If you have volume greater than EUR 100/week in processing, we pay the fee on your behalf.
              Verotel is the BEST!

              We have used them for our processing needs for over a decade! Payments arrive on time - every time. Simple as that.

              Verotel is one of the few things in this crazy business that I NEVER have to worry about.

                Comment

                • MikeAMS
                  Confirmed User
                  • Sep 2015
                  • 364
                  #5
                  Originally posted by MiamiBoyz
                  Verotel is the BEST!

                  We have used them for our processing needs for over a decade! Payments arrive on time - every time. Simple as that.

                  Verotel is one of the few things in this crazy business that I NEVER have to worry about.
                  Hope you will have a good weekend as well!!
                  E: [email protected]
                  Skype: mikedejong22
                  W: http://www.islive.com , http://www.twero.com


                  "Money often costs too much."
                  Ralph Waldo Emerson

                    Comment

                    • Adraco
                      Confirmed User
                      • May 2009
                      • 3745
                      #6
                      Usually you'd pay the fee when you start your account and then once per year, on the yearly anniversary of your account. This would of course be individual.

                      The only reason to charge all at the same time, would be if you did not pay full yearly fee when you first started and then only paid up till the set, yearly renewal date.
                      ----------------------------------------------------------------------------------
                      The truth is not affected by the beliefs, or doubts, of the majority.

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                        • MakeMeGrrrrowl
                          Grrrrrrrrr
                          • Oct 2002
                          • 4986
                          #7
                          Originally posted by Adraco
                          Usually you'd pay the fee when you start your account and then once per year, on the yearly anniversary of your account. This would of course be individual.

                          The only reason to charge all at the same time, would be if you did not pay full yearly fee when you first started and then only paid up till the set, yearly renewal date.
                          Ahh so I guess I pay at the same time every year. I don't keep track, he just tells me and it comes out. I have no idea when Visa is due, I guess in January.

                          Just nice he tells me the night before. Brat.

                            Comment

                            • MakeMeGrrrrowl
                              Grrrrrrrrr
                              • Oct 2002
                              • 4986
                              #8
                              Originally posted by JasonCollins
                              We (Verotel) only charge annual fees for merchants with less than EUR 100/week in processing and in this case the fee is required from your anniversary date - one year later.

                              If you have volume greater than EUR 100/week in processing, we pay the fee on your behalf.
                              You guys make payments weekly right? What are your percentages? I process between 35 and 40k a week.

                              I get deposits daily, so that would be an issue for me.

                                Comment

                                • JasonCollins
                                  Confirmed User
                                  • Sep 2013
                                  • 970
                                  #9
                                  Originally posted by MakeMeGrrrrowl
                                  You guys make payments weekly right? What are your percentages? I process between 35 and 40k a week.

                                  I get deposits daily, so that would be an issue for me.
                                  We send payouts every Monday (weekly). With CardBilling, your rate would be an all-inclusive 5%. If you want a quote for Verotel, send me an email and I will make you an offer.
                                  Transparent, hassle free payments: DialXS.com
                                  Email: [email protected] | Telegram: jpcams

                                    Comment

                                    • NickBaer
                                      Nick Baer
                                      • Jun 2005
                                      • 1393
                                      #10
                                      I've never gotten a straight answer about billing for hard goods (mail order DVDs) but I'll write again.

                                      I get 5% because hard goods are not "risk".

                                      Do European consumers have a preference in processors vs American consumers, Asian consumers?
                                      Made my first porno in 1986. Sold my first VHS in 1993. Did my first live Cam in 1994. Coach-Karl.com NickBaerGallery.com I host with MojoHost.com and To Buy or Sell Sites Imagine AI Content

                                        Comment

                                        • MakeMeGrrrrowl
                                          Grrrrrrrrr
                                          • Oct 2002
                                          • 4986
                                          #11
                                          Originally posted by JasonCollins
                                          We send payouts every Monday (weekly). With CardBilling, your rate would be an all-inclusive 5%. If you want a quote for Verotel, send me an email and I will make you an offer.
                                          Hey Jason, these are my rates right now.

                                          Your rates for Visa, M/C & Discover are: 4.14%, 4.45%, 5.07% and .20 cent transaction
                                          fee. AMEX is 2.89% and .30 cent transaction fee.

                                          I'd say I'm pretty good.

                                            Comment

                                            • JasonCollins
                                              Confirmed User
                                              • Sep 2013
                                              • 970
                                              #12
                                              Originally posted by MakeMeGrrrrowl
                                              Hey Jason, these are my rates right now.

                                              Your rates for Visa, M/C & Discover are: 4.14%, 4.45%, 5.07% and .20 cent transaction
                                              fee. AMEX is 2.89% and .30 cent transaction fee.

                                              I'd say I'm pretty good.
                                              Just so I can give you an overview, what is your chargeback fee per chargeback?

                                              Do you have any account maintenance (monthly) fees? What do you pay annually?
                                              Transparent, hassle free payments: DialXS.com
                                              Email: [email protected] | Telegram: jpcams

                                                Comment

                                                • 247mg
                                                  Yellowplum / 247mg
                                                  • Feb 2008
                                                  • 2162
                                                  #13
                                                  Its different dates for every one who use billing... We pay 1 year high risk registeration fee when we register for mastar card merchant
                                                  247mg.com - Indian Affiliate Program - Over 50+ Sites To Promote - Monetize Your INDIAN Traffic Today!

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