Stormpay fees - GoFuckYourself.com

kisskatlyn · 10-15-2003, 08:22 PM

Anyone on here understand the stormpay fee stucture? It says it is free to send money but costs $1.25 + 15% to add money to your account from your credit card. So does that mean that if someone wants to send me $20 it will cost them $24.25? Am I understanding this right? Because if I am this is total crap. To receive money it costs $0.39 + 2.9%. That means that I receive $19.04 and the customer spends $24.25. Stormpay earns over $5! Then it costs $2 for me to withdraw on top of that.

I don't mind the charges that I incur because that's expected but those charges for the customer are absolutely ridiculous. If a product I'm selling is $20 they shouldn't have to spend $24.25.

Or am I misunderstanding the way the fees work?

kisskatlyn · 10-15-2003, 11:05 PM

anyone know?

Adult Site Traffic · 10-15-2003, 11:10 PM

Sounds about right. I do know that a lot of people using them very much at all, usually drops them like a hot rock.

Eventually, you'll get fucked and not kissed.

kisskatlyn · 10-15-2003, 11:58 PM

Quote:

Originally posted by Adult Site Traffic
Eventually, you'll get fucked and not kissed.

LOL

I received two checks without problems and their fees for me are not all that bad but someone just mentioned these consumer fees to me. This totally sucks, I don't know what else to use now instead because I certainly don't want customers to have to pay $4.25 MORE than the cost of an item I am selling. *ugh*

Adult Site Traffic · 10-16-2003, 12:06 AM

Quote:

Originally posted by kisskatlyn
I received two checks without problems and their fees for me are not all that bad but

Yea. I swept a few thousand to my bank by ACH too.

I'm not saying they won't send you a check on time. I'm saying KAGI can't scrub a card for shit.

I don't know what your product is, but mine is high risk for fraud. They had RU's running cards, and pinned me for well over a grand. Same thing with other friends in the traffic business.

If you're selling beenie babies or something more mainstream, they're probably all good for you. For now

10-15-2003, 08:22 PM	#1
kisskatlyn Confirmed User Industry Role: Join Date: Jan 2003 Location: Ottawa Posts: 433	Stormpay fees Anyone on here understand the stormpay fee stucture? It says it is free to send money but costs $1.25 + 15% to add money to your account from your credit card. So does that mean that if someone wants to send me $20 it will cost them $24.25? Am I understanding this right? Because if I am this is total crap. To receive money it costs $0.39 + 2.9%. That means that I receive $19.04 and the customer spends $24.25. Stormpay earns over $5! Then it costs $2 for me to withdraw on top of that. I don't mind the charges that I incur because that's expected but those charges for the customer are absolutely ridiculous. If a product I'm selling is $20 they shouldn't have to spend $24.25. Or am I misunderstanding the way the fees work?

10-15-2003, 11:10 PM	#3
Adult Site Traffic Confirmed User Join Date: Mar 2003 Location: South-East of the Border of Disorder Posts: 5,093	Sounds about right. I do know that a lot of people using them very much at all, usually drops them like a hot rock. Eventually, you'll get fucked and not kissed. __________________ ALL Domains and Websites are GOING AWAY NOW! Ask me! Many great domains, mainstream and adult, some complete sites with databases, some names with traffic and PR, some investment quality names. Come take a look! { Traffic Orders: Please go here } .:: SHARPEN the Elite - BURN the leftovers! Ooh-Rah!! ::.

10-15-2003, 11:05 PM	#2
kisskatlyn Confirmed User Industry Role: Join Date: Jan 2003 Location: Ottawa Posts: 433	anyone know?