Third party billing vs. doing it yourself
What are the advantages and disadvantages of using a third party card processor (i.e. ibill, websitebilling, paycom )for a paysite vs. setting up your own merchant account and ssl server etc? (Aside from the upfront cost of doing it yourself.)
1) What have you guys experienced as an average processing cost as a percentage of billing with third parties vs. doing it yourself? Taking into account chargebacks..
2) Do a higher percentage of transactions clear using your own merchant account or third party?
3) What has a better charge back rate?
Thanks,
Jules.
|