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View Poll Results: How much per month until its worth having your own merchant account? | |||
$100,000 + per month |
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6 | 54.55% |
$500,000 + per month |
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3 | 27.27% |
$1,000,000 + per month |
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0 | 0% |
Dont ever have your own merchant account |
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2 | 18.18% |
Voters: 11. You may not vote on this poll |
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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 |
#1 Adult Content Provider
Join Date: Jul 2003
Location: Glendale, Ca
Posts: 11,577
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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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#2 |
Confirmed User
Join Date: Aug 2003
Posts: 3,042
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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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#3 | |
Confirmed User
Join Date: Aug 2003
Posts: 3,042
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Quote:
Wow another biz thread bites the dust. |
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#4 |
Too lazy to set a custom title
Industry Role:
Join Date: Sep 2002
Posts: 34,431
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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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#5 |
Confirmed User
Join Date: Mar 2004
Posts: 3,405
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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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#6 | |
Fuck Checks, CASH only!
Join Date: May 2002
Location: New York City
Posts: 19,422
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Quote:
legit sites have no problems at all.
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#7 | |
Confirmed User
Join Date: Feb 2004
Location: Vancouver, Canada
Posts: 7,662
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Quote:
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ICQ: 2262.73945 |
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#8 | |
#1 Adult Content Provider
Join Date: Jul 2003
Location: Glendale, Ca
Posts: 11,577
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Quote:
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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#9 |
Confirmed User
Join Date: Oct 2004
Location: Boston, MA
Posts: 1,723
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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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#10 |
Confirmed User
Join Date: Aug 2004
Posts: 1,917
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its not worth it unless over $250k per month....
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#11 |
Confirmed User
Join Date: May 2003
Location: MIAMI
Posts: 856
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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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#12 |
#1 Adult Content Provider
Join Date: Jul 2003
Location: Glendale, Ca
Posts: 11,577
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lol....i think you will sooner ;-)
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[email protected] ICQ : 494-353-230 Follow WWC on Twitter CLICK HERE! " CONTENT PROVIDER OF THE YEAR! " ~ 2007 , 2008 & 2009 XBIZ AWARDS WINNER! .......www.WorldWideContent.com / www.WorldWideFeeds.com......
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#13 |
best designer on GFY
Join Date: Mar 2003
Location: IALIEN.COM - High Definition Video and Photographic Productions -ICQ 78943384
Posts: 30,307
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Using your own merchant account is like pissing on an electric fence.
Your gonna fry.
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