Quote:
Originally posted by Incredicash
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We are getting adult merchant accounts approved daily. In fact we can actually cascade the transactions across several merchant accounts. Rates are based on credit score and depending on qualification can be as low as 5.5% Below is a schedule of rates and fees-
Merchant Discount Rate 5.5% to 15% depends on risk rating
Reserve Rate 10% 6 month rolling
Transaction Fee $0.50
Chargeback Ratio Levels 2.0%
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you are ripping people off.