Quote:
Originally posted by Cindyff
I may be wrong but adult merchant accounts are high risk , right so the rate charged per transaction would be near 15% ?
Plus set up fees ? ( $1000.00 approx ) or is there no set up fee with this discount rate ?
CCbill and Epoch charge around 13% so i dont see the savings here other than having more control over charge backs and refunds. Please explain more. Thanks
Cindy
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Your not going to be paying 15% unless you have terriable credit (like a recent bankruptcy or something similar). If you have decent credit (even alittle bad credit), you should be able to get one for 7% or 8% (including per transaction fee) I would think. Don't know for sure, cause everyone is different.
CCBill and Epock have the same high risk merchant accounts. They get a discount for the volume they do, but you have to figure they are probably paying around 5% or 6%. Don't know for sure on that one either, just a guess.