View Single Post
Old 10-08-2002, 12:47 AM  
NETbilling
Confirmed User
 
NETbilling's Avatar
 
Industry Role:
Join Date: Jan 2002
Location: Huntington Beach, CA
Posts: 8,584
Hi Everyone.

I am here to clear it all up.

-------------------------

Eblastics... you are wrong partially.

You are correct in the fact that having a merchant account will cost 7-9% (based on a$25 average ticket). However, that price WILL include our services which include 24/7/365 customer service, fraud scrubbing and all of the tools you receive with a third party processor. There are so many misconceptions in the industry about all of this.

Amputate Your Head,

Let me know what charge.com is charging you. I'm sure we can get you a better discount rate, especially for non-high risk as we write accounts in house and have relationships with a few different banks. You can reach me by phone at: (661)252-2456 x1002.

Keev,

Authorize.net no longer processes adult, has lousy fraud scrubbing, and even worse customer support. Their system is antiquated.
--------------------------

Forget the myths....

Having you own account puts YOU in full control and allows daily payouts and the ability to set your own level of scrubbing, resulting in higher conversions than 3rd party processing which basically scrubs for most sites the same across the board. Now that the 3rd party processors must report individual URLs, chargeback rates, and content to Visa (and soon Mastercard) as well as register each merchant; the umbrellas are now gone, so why pay the high fees anymore?

--------------------------
--------------------------

Humboldt does not write new high risk merchant accounts. They have been acquired by Ipayment Technologies, Inc. and are conservative. They still have all of the previous accounts open and will continue to process, but no new high risk accounts are being established.

If you are selling adult memberships, you will need a merchant account desinated as high risk MCC 2967. This requires you to pay the high risk registration fees og $1500 which will cover Visa & Mastercard.
Netbilling will waive our usual $199 setup if you just mention that "Mitch said you would", so all you pay for is the registration fees.

If you are selling manstream of non-membership adult tangible products, there is no regoistration and the app fee to the bak os only $45. We typically get SAME DAY APPROVALS on all non high risk accounts but the High risk accounts typically take 2-3 weeks for approval by Visa and Mastercard.
Once we receive the merchant account #, we can have you setup with Netbilling the same day.

We can slo refer you for offshore processing whcih will allow a 2.5% allowable chargeback rate and currently, no registration is required. The bank is in Europe so if you have a European corp. already, the setup is only $500 for high risk. If you need the corp setup, the total setup fee is $1500.
--------------------------------

Does this clear things up?

Feel free to ICQ me tomorrow at: 117496436 or call 888-357-8166 for the sales department or my dorect line at: 66-1252-2456 x1002.

Thank you, Mitch Farber
__________________


Mitch Farber
CEO - NETbilling, Inc.
Email / Phone: 888-357-8166 / 661-252-2456
Transaction processing & 24/7 call center services with exceptional rates and flexibility, since 1998!
NETbilling is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote