Quote:
Originally Posted by Sly
Adding a secondary will amount to an additional 10% in revenues. That 10% will pay for the costs of the secondary biller. At the $10k mark, processing fees with a merchant account will drop down to the 1-4% range instead of the 15% range with Epoch/CCBill, plus a few additional expenses from the gateway and merchant account bank, but will again pay for itself.
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That additional 10% of revenue is eaten up in your new merchant accounts 10% holdeback that caps at $10k-25k or more and is held until 6 months AFTER your merchant account is closed, never accumulating interest.
You'll have higher chargebacks on merchant accounts and NO customer service.