Is it possibe to get a merchant account from a Canadian bank. And use netbilling?

Hi,
You can't get a merchant account in Canada for adult. However, you can work with with Paygea and Netbilling and process and have payouts in CDN i if you would like to.


Let me know if you want more info.

Absolutely - Contact our sales department Monday for more information.

Mitch

Hi,

Post a phone number or ICQ and I will have you contacted today.

Thanks, Mitch

Hi,

For those of you who are unclear on the benefits of having your own merchant account here are some other facts for you.

You will have full disclosure on ALL the transaction that are attempted thru your website, not just the approvals. That gives you knowledge on why cards transactions are being decline. Valuable information for webmaster programs to analyze if their traffic dollars are worth the cost and who is sending "bad traffic".

You will have full control of all the fraud scrubs on your sites. The 3rd party billers do not even let you know what they are..

You can have custom join forms and custom emails receipt ( a great marketing tool ) for your other sites.

Those are just a few. Feel free to contact me for more!!!

Good stuff Karen

Wow, some crazy ass answers..

1) Having your own merchant account does not mean higher sales volumes. It means more control and sometimes that control means starting out with much higher scrubs.

2) Only companies with a proven track history of low chargebacks and refunds. This takes out the majority of large programs which is why the majority use 3rd party processing.

3) More support, staff, 24/7 phone/email support, having to watch every transaction, every rebill, all the time, 365 days of the year. Is a major undertaking for any company.

4) The owners ass is on the line, some want personal guarantees, and with #3 - that's enough for me not to pickup a merchant account anytime soon.

5) Huge companies can't just move to a merchant account. It would take them years to slowly move sales over. If they went to fast they could get into CB problems with the other processor.

6) The banks have limits to what they want. They may only be adding companies doing 100kish or lower amount monthly sales. Adding on a company that pushes 10m a year is a lot for a bank when they have ratios of high risk vs low risk accounts to reach.

7) With both 3rd party and Merchant accounts, you can view all transactions even decline reasons. You can customize your join forms an emails. You can customize almost the exact same thing across both.

8) With fraud scubs, yes a merchant account gives you direct control. But it isn't like you can just open up with the scrub open. It often starts tighter than the 3rd party processor and unless you run a ton notch support / login support system, you will keep your scrubs on just as tight as the 3rd party guys.

9) Staying with #8, if you run a top notch support system on a 3rd party processor, bringing your chargebacks / refunds / complaints down to almost nothing. You can talk to the processors and they can do 'magical' things for you.

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I have worked with plenty of clients with merchant accounts and plenty without.. Not a single program stands out because of a processor setup, cascade setup, ect.

Yes, processors and the banks can cost us sales sometimes due to 1000's of possible issues, just like your member that canceled because he didn't email support telling you he couldn't login in for 1 of 1000's of stupid reasons.

You have some valid points but some incorrect ones too.

Having a merchant account does not mean having to manage you own customer support or watch every transaction. This is what companies like NETbilling does for you. You are at the exact same risk with our without a merchant account. The chargeback ratios are the same for both. You can lose your ability to process through a third party processor just as you can with a merchant account for the same reasons. It makes no difference.

I can tell you that many, many of the largest programs in the industry have their own merchant accounts as well as some utilize third party processing as well but more and more are getting their own merchant accounts daily because of control and money saving reasons.

Thanks, Mitch