Netbilling & the REAL percentage! - GoFuckYourself.com

oasisfan · 01-30-2003, 01:50 PM

Netbilling and people who use them is it true the real percentage is about 11% ?

Eg bank 7-8% , Gateway person 1% , then netbillings fees?

This seems A LOT of money?!?

Brad Mitchell · 01-30-2003, 01:53 PM

Dude, go home.

oasisfan · 01-30-2003, 01:54 PM

Quote:

Originally posted by SinEmpire
Dude, go home.

why? i am asaking a normal question Mr SinEmpire....

so there is only a few % saved then.

m0rph3us · 01-30-2003, 01:58 PM

Quote:

Originally posted by oasisfan
Netbilling and people who use them is it true the real percentage is about 11% ?

Eg bank 7-8% , Gateway person 1% , then netbillings fees?

This seems A LOT of money?!?

no real percentage is 8-9%

Bank doesn't take 8% they take 45 cents.

The pro is that you dont' have to deal with the ISPS' bullshit and mega super scrubbing

BJ · 01-30-2003, 01:59 PM

5-6% TOTAL

Brad Mitchell · 01-30-2003, 02:00 PM

I'm just playin'

The 3rd party billers absorb lots of fees plus they provide an awful lot of customer service, etc.

Brad

oasisfan · 01-30-2003, 02:01 PM

Quote:

Originally posted by PureMeds
5-6% TOTAL

well i was told 6.5 % min for the bank... + 35 cents a transaction, then NETBILLING costs.... by a mate who was on phone to them... he is based in uk.

playa · 01-30-2003, 02:03 PM

Quote:

Originally posted by oasisfan

well i was told 6.5 % min for the bank... + 35 cents a transaction, then NETBILLING costs.... by a mate who was on phone to them... he is based in uk.

shit i was locked in at 2.5

BJ · 01-30-2003, 02:06 PM

the bank takes a discount rate of around 2.40% for visa/mc

now you most likely will have a reserve of around 6% but that doesnt count into the euquation as it is still your money.

netbilling takes 1.5% + 15cents a trans. If you do volume/high tickets they can work with you on this.

so for visa mc thats a total of bout 5%

m0rph3us · 01-30-2003, 02:07 PM

Quote:

Originally posted by PureMeds
the bank takes a discount rate of around 2.40% for visa/mc

now you most likely will have a reserve of around 6% but that doesnt count into the euquation as it is still your money.

netbilling takes 1.5% + 15cents a trans. If you do volume/high tickets they can work with you on this.

so for visa mc thats a total of bout 5%

exactly and if you want their extra scrubbing control package or whatever it's 10 cents per and their 24/7 customer service line is 80 cents per.

Pornwolf · 01-30-2003, 02:08 PM

I'm surprised this thread made it to 8 posts without Mitch. He normally has ESP about processor related threads.

oasisfan · 01-30-2003, 02:14 PM

maybe its because we are UK?

playa · 01-30-2003, 02:15 PM

Quote:

Originally posted by oasisfan
maybe its because we are UK?

there is alot of different banks that offer merchant accounts

shop around and see who can give you the best rates,,
maybe even local in UK

NETbilling · 01-30-2003, 03:14 PM

Hi All,

I made it here in about 10 posts.... :-) My ESP was turned off this morning.

It is a bit more expensive for the UK merchant account. On a $30 average ticket including us ahndling all of your customer service, it will be about 9% toital. Of course it is 2% lower for a domestic merchant account. The great thing is that you will have full control. You can set your own scrub levels for your own sites. I can tell you for a fact that by customizing and controlling the fraud scrubbing using our provided tools, you will typically increase you coonversions 10-20% without seeing an increase in fraud.

Many webmasters still think that if you have your own merchant account, you will have to do your own customer service. This is certainly not true. We manage it all for you. Not to mention, we process checks with excellent scrubbing for only 3.24% and 40¢ per transaction.

Please contact us for a walkthrough of our system.

Thank you, Mitch Farber
Netbilling

NETbilling · 01-31-2003, 12:00 AM

Quote:

Originally posted by PureMeds
the bank takes a discount rate of around 2.40% for visa/mc

now you most likely will have a reserve of around 6% but that doesnt count into the euquation as it is still your money.

netbilling takes 1.5% + 15cents a trans. If you do volume/high tickets they can work with you on this.

so for visa mc thats a total of bout 5%

You know alot... thanks for helping with the questions.

Mitch

01-30-2003, 01:50 PM	#1
oasisfan Registered User Join Date: Jan 2003 Posts: 35	Netbilling & the REAL percentage! Netbilling and people who use them is it true the real percentage is about 11% ? Eg bank 7-8% , Gateway person 1% , then netbillings fees? This seems A LOT of money?!?

01-30-2003, 01:53 PM	#2
Brad Mitchell Confirmed User Industry Role: Join Date: Nov 2001 Location: Southfield, MI Posts: 9,813	Dude, go home. __________________ President at MojoHost \| brad at mojohost dot com \| Skype MojoHostBrad 71 industry awards for hosting and professional excellence since 1999

01-30-2003, 02:00 PM	#6
Brad Mitchell Confirmed User Industry Role: Join Date: Nov 2001 Location: Southfield, MI Posts: 9,813	I'm just playin' The 3rd party billers absorb lots of fees plus they provide an awful lot of customer service, etc. Brad __________________ President at MojoHost \| brad at mojohost dot com \| Skype MojoHostBrad 71 industry awards for hosting and professional excellence since 1999

01-30-2003, 02:08 PM	#11
Pornwolf Drunk and Unruly Join Date: Jan 2002 Location: Hollywood Posts: 22,712	I'm surprised this thread made it to 8 posts without Mitch. He normally has ESP about processor related threads. __________________ I've trusted my sites to them for over a decade... Webair, bitches.

01-30-2003, 03:14 PM	#14
NETbilling Confirmed User Industry Role: Join Date: Jan 2002 Location: Huntington Beach, CA Posts: 8,591	Hi All, I made it here in about 10 posts.... :-) My ESP was turned off this morning. It is a bit more expensive for the UK merchant account. On a $30 average ticket including us ahndling all of your customer service, it will be about 9% toital. Of course it is 2% lower for a domestic merchant account. The great thing is that you will have full control. You can set your own scrub levels for your own sites. I can tell you for a fact that by customizing and controlling the fraud scrubbing using our provided tools, you will typically increase you coonversions 10-20% without seeing an increase in fraud. Many webmasters still think that if you have your own merchant account, you will have to do your own customer service. This is certainly not true. We manage it all for you. Not to mention, we process checks with excellent scrubbing for only 3.24% and 40¢ per transaction. Please contact us for a walkthrough of our system. Thank you, Mitch Farber Netbilling __________________ 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!

01-30-2003, 01:59 PM	#5
BJ Confirmed User Join Date: Mar 2002 Location: asia Posts: 5,590	5-6% TOTAL

01-30-2003, 02:06 PM	#9
BJ Confirmed User Join Date: Mar 2002 Location: asia Posts: 5,590	the bank takes a discount rate of around 2.40% for visa/mc now you most likely will have a reserve of around 6% but that doesnt count into the euquation as it is still your money. netbilling takes 1.5% + 15cents a trans. If you do volume/high tickets they can work with you on this. so for visa mc thats a total of bout 5%

01-30-2003, 02:14 PM	#12
oasisfan Registered User Join Date: Jan 2003 Posts: 35	maybe its because we are UK?