10-07-2002, 09:58 PM
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Confirmed User
Join Date: Jan 2002
Location: Southern California
Posts: 464
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Quote:
Originally posted by netbilling
Hi chupacabra,
We have hundreds of new merchant s in the works for setup since the announcement last week. Let me clarify a few things that make us different from any of the 3rd party processors.
(1) We are not a third party processor. All of our merchants have their own merchant account, are already registered with Visa & Mastercard, and pay lower rates than 3rd parety processing.
(2) It is a common misconception that if you have your own merchant account, you must do your own customer service, scrubbing, rebilling etc...
We do it all, just as the other processors do.
(3) These new rules do not apply to us or our merchants and our merchants can use whatever processor they would like if they ever decided to leave us (not that they would). The database belongs to the merchant, not us as when you have your own merchant account, you have access to all card # and customer information.
(4) Our merchant can display the Mastercard logo, do not need to use our purchase pages (but can if they wish), and do not have to have other products offered.
(5) Our merchants control their own level of fraud scrubbing for their sites using the tools in the admin that we provide. This usually increases signup conversions 10-20% over what you get with 3rd party processing from the inut we recevie when people switch to us from other processors.
(5) Having your own merchant account and processing with a gateway such as Netbilling alolows you to save almost 50% in processing fees and receive pretty much the exact same services.
To setup with Netbilling takes one day. However, to get the merchant account it is going takes a couple of weeks... well worth the wait!
Thank you, Mitch Farber
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Mitch, you have icq? |
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