Someone should really do a comprehensive study and forever end this debate. I mean if I wasnt incredibly lazy i would but still. Everyone asks this question at least once a week but the answers are never comprehensive.
I mean, im starting a new site next week and will probably ask the same question...
This question changes constantly. We deal with many different banks both onshore and offshore to help merchants get their own MIDs, as well as helping them with gateway and fraudscrubbing issues, and these banks are changing their policies on an almost weekly basis. Each merchant is treated on a case by case basis by the banks and it demands our constant attention to keep up with who is doing what on a weekly (almost daily) basis.
Michael Sperber / Acella Financial LLC/ Online Payment Processing
I will end the debate. Netbilling can set you up with a mainstream merchant account typically within 48 hours (for US residents) and beat any rate. We also offer the most comprehensive processing gateway and fraud scrubbing available. We will be happy to go head to head with anyone. Usually when you go for a merchant account, you are dealing with an ISO whos vested interest is making residuals and setup fees from your processing. Netbilling sets up merchants at the lowest rate possible with only a $45 bank app fee as we make our money on the processing itself. We are not a reseller of services but own the platform. We work with several banks directly and are compatible with most processing platforms on the market.
I know processing can be confusing and often there are many hands in the kettle. I am here to help with any questions and concerns or reach us Toll Free within the US: (888)357-8166 or Outside the US: (661)252-2456.
Mitch Farber
CEO - NETbilling, Inc. Email / Phone: 888-357-8166 / 661-252-2456
Transaction processing & 24/7 call center services with exceptional rates and flexibility, since 1998!
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