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Old 05-19-2004, 10:39 AM  
Mogulman
Confirmed User
 
Join Date: Aug 2003
Location: Chicago
Posts: 568
Quote:
Originally posted by HMS


Rates and Fees
Discount Rate - qualified 2.40% (additional 1.60% Non Qualified surcharge on Visa transactions)
Transaction Fee $0.30 (includes AVS)
Monthly Statement Fee $10.00
Monthly Gateway fees - depends on gateway being used - call for details
start-up - $2690 (includes V/MC High Risk Registration and all necessary merchant account set-up fees)

You must be on crack. I find it hard to believe, if not impossible, that you could set up any adult account with a discount rate of 2.4% unless your lying to underwriting about the true nature of their business. There isn't any domestic processor, outside of third party, that will touch adult with a ten foot pole. And there is no way you're getting those rates off shore. Even at a 100k/month an adult processor should count themselves lucky if they get a rate of 5% + $0.50/trans.
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