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View Poll Results: How much per month until its worth having your own merchant account?
$100,000 + per month 6 54.55%
$500,000 + per month 3 27.27%
$1,000,000 + per month 0 0%
Dont ever have your own merchant account 2 18.18%
Voters: 11. You may not vote on this poll

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Old 10-29-2004, 10:04 PM   #1
WWC
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Having your own merchant account in membership sites...

How much would you think you should be processing per month until its worth having your own merchant account rather than a 3rd party processor cause i wana be my own processor and fly to curracco in a lear jet like the two big ones did
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Old 10-29-2004, 10:10 PM   #2
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20k a month or anything if you can get one. Just use netbilling or some one to handle support.
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Old 10-29-2004, 11:51 PM   #3
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Originally posted by JulianSosa
20k a month or anything if you can get one. Just use netbilling or some one to handle support.

Wow another biz thread bites the dust.
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Old 10-30-2004, 12:13 AM   #4
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well the common wisdom is that if you are taking alot of traffic from affiliates you won't be able to hang on to a merchant account, that's pretty obvious since u don't see any large programs using their own merchants anymore - you get TMF'ed on your own merchant account and you can't go back to 3rd party - well not without some hassles setting up a new company with you hidden in the background.

merchant account is a good thing to have in case of disaster in the 3rd party processing biz or if you run paysites without many affiliates.
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Old 10-30-2004, 12:13 AM   #5
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Actually it should always be worth it if you pay less percents for processing and if you have a good transaction history with your current 3rd party biller it isn't a problem either.

Just make sure that the scrubbing percent isn't too high.
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Old 10-30-2004, 12:16 AM   #6
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Quote:
Originally posted by Mutt
well the common wisdom is that if you are taking alot of traffic from affiliates you won't be able to hang on to a merchant account, that's pretty obvious since u don't see any large programs using their own merchants anymore - you get TMF'ed on your own merchant account and you can't go back to 3rd party - well not without some hassles setting up a new company with you hidden in the background.

merchant account is a good thing to have in case of disaster in the 3rd party processing biz or if you run paysites without many affiliates.
you run a legit ship you have no problems but when you payout 35 bucks plus per signup and your members area is shit you have to rely on dirty tricks and thats best done using a third party

legit sites have no problems at all.
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Old 10-30-2004, 12:22 AM   #7
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Quote:
Originally posted by johndoebob
Actually it should always be worth it if you pay less percents for processing and if you have a good transaction history with your current 3rd party biller it isn't a problem either.

Just make sure that the scrubbing percent isn't too high.
A little far-fetched?
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Old 10-30-2004, 01:18 AM   #8
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Quote:
Originally posted by Mutt


merchant account is a good thing to have in case of disaster in the 3rd party processing biz or if you run paysites without many affiliates.

ya but what good would it be if a 3rd party processor folds and you wont be able to transfer all those members credit cards over to another merchant account?
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Old 10-30-2004, 01:32 AM   #9
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i don't think it is up to us to determine whether we get a merchant account. it's 3rd party processor's unless you are bringing in some $$$
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Old 11-01-2004, 10:25 PM   #10
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its not worth it unless over $250k per month....
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Old 11-01-2004, 10:32 PM   #11
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I wish I knew that answer , I guess I will post later when I hit that 100,000 a month mark ... Gimme a few years and I will get back with ya ...

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Old 11-02-2004, 12:37 AM   #12
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lol....i think you will sooner ;-)
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Old 11-02-2004, 12:40 AM   #13
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Using your own merchant account is like pissing on an electric fence.

Your gonna fry.
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