How much does it cost to get a merchant account if you've... - GoFuckYourself.com

~Ray · 01-26-2005, 02:27 PM

How much does it cost to get a merchant account if you've never had one but have been an affiliate of several programs and your sales rock?

I feel like I'm missing out on recurring $$$. I want to send my traffic to my site...no affiliates.

~Ray

princess · 01-26-2005, 03:22 PM

Hopefully you'll get a answer to this.

BIGTYMER · 01-26-2005, 03:25 PM

I had one long ago.. And it cost like $500 setup and like 3.5% of each transaction, plus $0.25 each. But times have changed. This was in 2002ish.

~Ray · 01-26-2005, 03:29 PM

would anyone else care to reply. probably lots of medium level newbs wondering the same thing.

~Ray · 01-26-2005, 04:32 PM

I expected 30 replies by now.

galleryseek · 01-26-2005, 04:34 PM

I was able to get one very easily through netbilling.

Veterans Day · 01-26-2005, 04:34 PM

im assuming adult, so typicaly unless your doing 100k a month it will be offshore, not domestic. Good luck

Veterans Day · 01-26-2005, 04:35 PM

Quote:

Originally Posted by galleryseek

I was able to get one very easily through netbilling.

adult?...

BJ · 01-26-2005, 04:35 PM

I would say a small setup fee, 5% per trans, processing will depend on processor, and a 10% or so rolling reserve. It will help greatly if you have a corp and your books and credit are in order.

chaze · 01-26-2005, 04:36 PM

Quote:

Originally Posted by AdvertisingSex

How much does it cost to get a merchant account if you've never had one but have been an affiliate of several programs and your sales rock?

I feel like I'm missing out on recurring $$$. I want to send my traffic to my site...no affiliates.

~Ray

Check out ccbill, $750 to start

also itsyourporn.com is good for content.

Veterans Day · 01-26-2005, 04:40 PM

Quote:

Originally Posted by chaze

Check out ccbill, $750 to start

also itsyourporn.com is good for content.

venus · 01-26-2005, 04:53 PM

where did you get this information?
I have had a merchant account though a US bank since 1999 for my adult site.

Quote:

Originally Posted by Veterans Day

im assuming adult, so typicaly unless your doing 100k a month it will be offshore, not domestic. Good luck

venus · 01-26-2005, 04:56 PM

I expected some good replies also, but all you got were people guessing.

I have a merchant account that I use with my adult website, I got it through netbilling, check them out, they will give you all the information you need.
www.netbilling.com

Quote:

Originally Posted by AdvertisingSex

I expected 30 replies by now.

vicki · 01-26-2005, 04:58 PM

Well it depends on where you are located actually hon

If you are US and process under 20k you can get approx 4% discount rate (yes thats for adult and that includes the gateway fees)

offshore is of course higher rates and volume ..

for specific info you can always email me

MakeMeGrrrrowl · 01-26-2005, 04:59 PM

Quote:

Originally Posted by galleryseek

I was able to get one very easily through netbilling.

How long ago was this, and how much did it cost?

JulianSosa · 01-26-2005, 05:06 PM

Quote:

Originally Posted by AdvertisingSex

How much does it cost to get a merchant account if you've never had one but have been an affiliate of several programs and your sales rock?

I feel like I'm missing out on recurring $$$. I want to send my traffic to my site...no affiliates.

~Ray

Contact Mitch at netbilling

BJ · 01-26-2005, 05:07 PM

I heard humboldt bank was taking adult now (could be wrong)

camcutie · 01-26-2005, 05:13 PM

Quote:

Originally Posted by AdvertisingSex

How much does it cost to get a merchant account if you've never had one but have been an affiliate of several programs and your sales rock?

I feel like I'm missing out on recurring $$$. I want to send my traffic to my site...no affiliates.

~Ray

http://www.ccbill.com/ $750

http://www.epochsystems.com/ Call 888-627-3888

XOXOXO
*Krystal*

vicki · 01-26-2005, 05:15 PM

Humbolt is being fined at the moment by visa for going over their quota so they aren't taking on any new adult clients puremeds
and Merrick pulled the doors closed on adult now too

Veterans Day · 01-26-2005, 05:16 PM

Quote:

Originally Posted by camcutie

http://www.ccbill.com/ $750

http://www.epochsystems.com/ Call 888-627-3888

XOXOXO
*Krystal*

these are not merchant accounts people

vicki · 01-26-2005, 05:22 PM

Krystal

those are third party processors
a merchant account is where the vendor gets his own descriptors and has a one on one relationship with the bank
3rd party is processing under the umbrella of the 3rd parties merchant account .. thats where the high fees come in - their merc is at risk if guidelines aren't strictly followed

pxxx · 01-26-2005, 05:32 PM

I don't think it cost that much.

vicki · 01-26-2005, 06:03 PM

well SOME offshore can be a bit pricey upfront but with the savings you'd get from not having to pay 3rd party rates - most would make that up in a week or two.
you'd definately need to have a volume of 25k per month and even more (75k +)for many banks
their rates are approx 6.5% and up

US based is no app or signup fees
low volume (at present)
4%

credit isn't a great issue but DOES come into play especially with the eastern 'offshore' banks

being able to provide past transaction history helps considerably (even if its 3rd party)

it all comes down to vendor location, volume, and bank location

if someone is interested its really best to talk one-on-one to see what can be done for their individual company.

inthestars · 01-26-2005, 07:53 PM

Quote:

Originally Posted by chaze

Check out ccbill, $750 to start

also itsyourporn.com is good for content.

CCbill no longer will admit celebrity porn sites.. just so you know..

Its no longer cheap to get an adult merchant account so make sure than any site you have will sell. Test it as an AVS site first and if you can make good coin with that for three months steadily, then get a merchant account. Look before you leap.

camcutie · 01-26-2005, 08:10 PM

Quote:

Originally Posted by vicki

Krystal

those are third party processors
a merchant account is where the vendor gets his own descriptors and has a one on one relationship with the bank
3rd party is processing under the umbrella of the 3rd parties merchant account .. thats where the high fees come in - their merc is at risk if guidelines aren't strictly followed

ummmm....i knew that. j/k Guess i should pay attention.

i think netbilling is what the guy is looking for NetBilling

XOXOXO
*Krystal*

Kimmykim · 01-26-2005, 08:25 PM

Quite frankly without at least 3 months of chargeback and volume statements you are going to have a hard time getting your own merchant account. The costs you'll incur aren't ROI feasible if you're going with a legitimate underwriter.

My suggestion to you is to get an IPSP account to start with, then once you've established some history with them, apply for a merchant account. US accounts are still available but the field is narrowing rapidly, since banks are only allowed to process 20% maximum of their total processing in high risk. There is also a 1%/100 chargeback monthly allowance without incurring fines and potentially termination.

Visa US, Visa EU, Visa Latin America also strictly enforce cross border acquisition rules -- meaning that you need to have a corporation set up in the region you want to authorize and settle from in order to transact your business. Thus if you have a British company you can't use a US bank, or vice versa.

Mastercard has its own set of rules as well, and reserves the right to count your credits against you as if they were chargebacks if they decide that you are issuing credits purely to avoid chargebacks.

Most processing accounts these days require a minimum monthly volume, and you'll also need fraud scrubbing, gateway services, call center or other customer service as well, in order to manage your account.

Visa also has specific security requirements for anyone who processes or handles consumer credit card data, and you must also meet those requirements in order to get an account. Due diligence is tighter than ever as well; you'll need to provide bank statements, corporate documentation and IDs for the company principals. Most banks and ISOs also require credit checks on the principals as well as financial statements for the company.

Mastercard is also implementing a new rule where the bank is going to have to assume additional responsibility for each account they underwrite as well.

I'm not trying to discourage you, just give you the rundown on how it works. Start with an IPSP account to build some history, then transition over to your own merchant account when you've got more volume and history behind you.

thewebgarage · 01-26-2005, 08:31 PM

start with a 3rd party. and run the site on NATS you can integrate your own merchant account later once your up and running. A merchant account is generally going to cost about $2500 for adult could be more if you dont have great credit.

I think your better off spending that time and money on getting your site designed so it converts and just use a 3rd party biller. ccbill or epoch.

simple simon · 01-26-2005, 08:34 PM

yes use ccbill and maybe one day you can start weekly threads on all your denials and 1:1500 ratios.

NETbilling · 01-26-2005, 09:15 PM

Hi,

Thanks for the plugs above Venus and others. We do apprecite it.

If you are in the US and have no processing history, we can surely help you establish a merchant account if you think that you can do $10k per month in volume or more as long as you have good credit.

Merrick is still taking accounts as we got several approved there this week.

Please contact myself or our sales department if you would like to proceed.

To establish an adult high risk account, the cost is $2000 because you have to pay the Visa/Mastercard registration fees.

Thank you, Mitch Farber

Pornwolf · 01-26-2005, 10:04 PM

Do like Kimmy said and get a ipsp for 3 full months so you can back your application up with 3 months of chargeback and processing history. This probably helps more than anything else.

NETbilling · 01-27-2005, 01:56 PM

Quote:

Originally Posted by Pornwolf

Do like Kimmy said and get a ipsp for 3 full months so you can back your application up with 3 months of chargeback and processing history. This probably helps more than anything else.

You can do that or apply as a new merchant.

Mitch

01-26-2005, 02:27 PM	#1
~Ray visit hardlinks.org Industry Role: Join Date: Jun 2003 Location: Las Vegas , Nv >>> [email protected] or icq 94994627 anytime Posts: 18,362	How much does it cost to get a merchant account if you've... How much does it cost to get a merchant account if you've never had one but have been an affiliate of several programs and your sales rock? I feel like I'm missing out on recurring $$$. I want to send my traffic to my site...no affiliates. ~Ray __________________ Adult Backlinks for Adult Websites - Testimonials Available

01-26-2005, 03:22 PM	#2
princess Confirmed User Join Date: Feb 2001 Location: Ringgold, Georgia Posts: 1,939	Hopefully you'll get a answer to this. __________________ HUGS! Marsha

01-26-2005, 03:29 PM	#4
~Ray visit hardlinks.org Industry Role: Join Date: Jun 2003 Location: Las Vegas , Nv >>> [email protected] or icq 94994627 anytime Posts: 18,362	would anyone else care to reply. probably lots of medium level newbs wondering the same thing. __________________ Adult Backlinks for Adult Websites - Testimonials Available

01-26-2005, 04:32 PM	#5
~Ray visit hardlinks.org Industry Role: Join Date: Jun 2003 Location: Las Vegas , Nv >>> [email protected] or icq 94994627 anytime Posts: 18,362	I expected 30 replies by now. __________________ Adult Backlinks for Adult Websites - Testimonials Available

01-26-2005, 04:34 PM	#7
Veterans Day Confirmed User Join Date: Jul 2003 Location: The Windy City Posts: 8,403	im assuming adult, so typicaly unless your doing 100k a month it will be offshore, not domestic. Good luck __________________ Build a Massive Traffic Network, Hands FREE, Totally Automated

01-26-2005, 03:25 PM	#3
BIGTYMER Junior Achiever Industry Role: Join Date: Nov 2004 Location: Walled Garden Posts: 17,066	I had one long ago.. And it cost like $500 setup and like 3.5% of each transaction, plus $0.25 each. But times have changed. This was in 2002ish.

01-26-2005, 04:34 PM	#6
galleryseek Confirmed User Industry Role: Join Date: Mar 2002 Posts: 8,234	I was able to get one very easily through netbilling.

01-26-2005, 04:35 PM	#9
BJ Confirmed User Join Date: Mar 2002 Location: asia Posts: 5,590	I would say a small setup fee, 5% per trans, processing will depend on processor, and a 10% or so rolling reserve. It will help greatly if you have a corp and your books and credit are in order. Last edited by BJ; 01-26-2005 at 04:38 PM..

01-26-2005, 04:58 PM	#14
vicki Confirmed User Industry Role: Join Date: Feb 2002 Location: Deep in the heart o' Texas Posts: 1,478	Well it depends on where you are located actually hon If you are US and process under 20k you can get approx 4% discount rate (yes thats for adult and that includes the gateway fees) offshore is of course higher rates and volume .. for specific info you can always email me __________________ If at first you do succeed - try to hide your astonishment. HR merchant accounts from 3.45% solid biz since 98 victoriakozub AT gmail.com skype: victoria.kozub \| ICQ: 74296746

01-26-2005, 05:07 PM	#17
BJ Confirmed User Join Date: Mar 2002 Location: asia Posts: 5,590	I heard humboldt bank was taking adult now (could be wrong)

01-26-2005, 05:15 PM	#19
vicki Confirmed User Industry Role: Join Date: Feb 2002 Location: Deep in the heart o' Texas Posts: 1,478	Humbolt is being fined at the moment by visa for going over their quota so they aren't taking on any new adult clients puremeds and Merrick pulled the doors closed on adult now too __________________ If at first you do succeed - try to hide your astonishment. HR merchant accounts from 3.45% solid biz since 98 victoriakozub AT gmail.com skype: victoria.kozub \| ICQ: 74296746

01-26-2005, 05:22 PM	#21
vicki Confirmed User Industry Role: Join Date: Feb 2002 Location: Deep in the heart o' Texas Posts: 1,478	Krystal those are third party processors a merchant account is where the vendor gets his own descriptors and has a one on one relationship with the bank 3rd party is processing under the umbrella of the 3rd parties merchant account .. thats where the high fees come in - their merc is at risk if guidelines aren't strictly followed __________________ If at first you do succeed - try to hide your astonishment. HR merchant accounts from 3.45% solid biz since 98 victoriakozub AT gmail.com skype: victoria.kozub \| ICQ: 74296746

01-26-2005, 05:32 PM	#22
pxxx First African GFY Member Join Date: Mar 2004 Location: New Jersey Posts: 12,114	I don't think it cost that much.

01-26-2005, 06:03 PM	#23
vicki Confirmed User Industry Role: Join Date: Feb 2002 Location: Deep in the heart o' Texas Posts: 1,478	well SOME offshore can be a bit pricey upfront but with the savings you'd get from not having to pay 3rd party rates - most would make that up in a week or two. you'd definately need to have a volume of 25k per month and even more (75k +)for many banks their rates are approx 6.5% and up US based is no app or signup fees low volume (at present) 4% credit isn't a great issue but DOES come into play especially with the eastern 'offshore' banks being able to provide past transaction history helps considerably (even if its 3rd party) it all comes down to vendor location, volume, and bank location if someone is interested its really best to talk one-on-one to see what can be done for their individual company. __________________ If at first you do succeed - try to hide your astonishment. HR merchant accounts from 3.45% solid biz since 98 victoriakozub AT gmail.com skype: victoria.kozub \| ICQ: 74296746

01-26-2005, 08:25 PM	#26
Kimmykim bitchslapping zebras!!!!! Industry Role: Join Date: Jun 2001 Location: In a shack by the beach Posts: 16,015	Quite frankly without at least 3 months of chargeback and volume statements you are going to have a hard time getting your own merchant account. The costs you'll incur aren't ROI feasible if you're going with a legitimate underwriter. My suggestion to you is to get an IPSP account to start with, then once you've established some history with them, apply for a merchant account. US accounts are still available but the field is narrowing rapidly, since banks are only allowed to process 20% maximum of their total processing in high risk. There is also a 1%/100 chargeback monthly allowance without incurring fines and potentially termination. Visa US, Visa EU, Visa Latin America also strictly enforce cross border acquisition rules -- meaning that you need to have a corporation set up in the region you want to authorize and settle from in order to transact your business. Thus if you have a British company you can't use a US bank, or vice versa. Mastercard has its own set of rules as well, and reserves the right to count your credits against you as if they were chargebacks if they decide that you are issuing credits purely to avoid chargebacks. Most processing accounts these days require a minimum monthly volume, and you'll also need fraud scrubbing, gateway services, call center or other customer service as well, in order to manage your account. Visa also has specific security requirements for anyone who processes or handles consumer credit card data, and you must also meet those requirements in order to get an account. Due diligence is tighter than ever as well; you'll need to provide bank statements, corporate documentation and IDs for the company principals. Most banks and ISOs also require credit checks on the principals as well as financial statements for the company. Mastercard is also implementing a new rule where the bank is going to have to assume additional responsibility for each account they underwrite as well. I'm not trying to discourage you, just give you the rundown on how it works. Start with an IPSP account to build some history, then transition over to your own merchant account when you've got more volume and history behind you.

01-26-2005, 08:31 PM	#27
thewebgarage Confirmed User Join Date: Sep 2002 Location: cali Posts: 1,002	start with a 3rd party. and run the site on NATS you can integrate your own merchant account later once your up and running. A merchant account is generally going to cost about $2500 for adult could be more if you dont have great credit. I think your better off spending that time and money on getting your site designed so it converts and just use a 3rd party biller. ccbill or epoch.

01-26-2005, 08:34 PM	#28
simple simon Confirmed User Join Date: Jan 2005 Posts: 854	yes use ccbill and maybe one day you can start weekly threads on all your denials and 1:1500 ratios.

01-26-2005, 09:15 PM	#29
NETbilling Confirmed User Industry Role: Join Date: Jan 2002 Location: Huntington Beach, CA Posts: 8,584	Hi, Thanks for the plugs above Venus and others. We do apprecite it. If you are in the US and have no processing history, we can surely help you establish a merchant account if you think that you can do $10k per month in volume or more as long as you have good credit. Merrick is still taking accounts as we got several approved there this week. Please contact myself or our sales department if you would like to proceed. To establish an adult high risk account, the cost is $2000 because you have to pay the Visa/Mastercard registration fees. 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!

01-26-2005, 10:04 PM	#30
Pornwolf Drunk and Unruly Join Date: Jan 2002 Location: Hollywood Posts: 22,712	Do like Kimmy said and get a ipsp for 3 full months so you can back your application up with 3 months of chargeback and processing history. This probably helps more than anything else. __________________ I've trusted my sites to them for over a decade... Webair, bitches.