Quote:
Originally posted by Mogulman
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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Additional FYI - I am the bank diorectly. I do not submit anything offshore or to more than one bank. My company is wholly owned by the underwriting bank. My underwriter is 50 feet from my desk. all legit....