GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Netbilling Merchant Account setup ? worth it?

Matt_WildCash · 10-02-2003, 11:16 AM

Just chatted to a nice lady in sales at netbilling

For an Australian person they use a foriegn bank.
The bank charges 5-7% + 30-40 cents per transaction
Netbilling charge 1.5% or 45 cents per transction

Netbilling full phone customer service total of 80 cents per transction + 10 cents extra to use there fraud scrubbing.

So I figuire 90 cents for netbilling cause you want the scrubbing and 24 hour phone support for customers.

$24.95 x 3.5% = 87 cents (close enough to 90)

so
3.5% for netbilling
5-7 % for aquiring bank

About $2250 setup due to a company being setup in forgien country of the aquiring bank.

so best case 8.5%
worst case 10.5 %

And if you setup a US bank account & US SS number you can get 4% for aquring bank fees which is much better

Love to hear from anyone who has done all this and if they have had good results. Sounds well worth it.

Any idea on the delay on recieving money from the banks? 3 weeks like epoch or less?

Cheers

10-02-2003, 11:16 AM
Matt_WildCash Confirmed User Join Date: Jan 2003 Posts: 1,699	Just chatted to a nice lady in sales at netbilling For an Australian person they use a foriegn bank. The bank charges 5-7% + 30-40 cents per transaction Netbilling charge 1.5% or 45 cents per transction Netbilling full phone customer service total of 80 cents per transction + 10 cents extra to use there fraud scrubbing. So I figuire 90 cents for netbilling cause you want the scrubbing and 24 hour phone support for customers. $24.95 x 3.5% = 87 cents (close enough to 90) so 3.5% for netbilling 5-7 % for aquiring bank About $2250 setup due to a company being setup in forgien country of the aquiring bank. so best case 8.5% worst case 10.5 % And if you setup a US bank account & US SS number you can get 4% for aquring bank fees which is much better Love to hear from anyone who has done all this and if they have had good results. Sounds well worth it. Any idea on the delay on recieving money from the banks? 3 weeks like epoch or less? Cheers Last edited by Driven; 10-02-2003 at 11:19 AM..