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Old 02-12-2010, 10:40 AM   #1
MetaMan
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$100k/day MERCHANT PROCESSING: mid to high risk, no rebills, need company not idiots

I have a project that can be upwards of $100k/day. this has been tested. we are pushing lower $xx,xxx numbers at 10% capacity.

our last merchant told us there is no limits. then once we pushed the volume all of a sudden our "rep" doesnt work there anymore and they now have limits. so they are now holding our funds. i am not going to mention names until we seek legal council and move from there.

anyway that is beside the point.

we need a merchant processor that is going to sit down with us and make it happen. we can fly out to wherever the fuck you are, sit down and we can develop the process to make sure it has the most legitimate setup to help your company manage risk.

frankly i am tired of talking to idiot reps who talk alot and do not know shit. i need someone who knows their shit and can provide ANSWERS! not "let me check with "insert made up department here""

i have heard that after the ACAI bullshit shit has hit the fan for alot of processors. we are NOT doing ACAI and i will NOT discuss my process here.

so in short we need a processor with balls that is going to work with us and is not afraid of volume who understands risk management and what it means to spread out that risk. if you need limits FINE lets work together and sort something out. there is to much cash on the table.

post here if you would like me to contact you. we are shopping around NOW.

Last edited by MetaMan; 02-12-2010 at 10:43 AM..
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Old 02-12-2010, 10:46 AM   #2
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our last merchant told us there is no limits. then once we pushed the volume all of a sudden our "rep" doesnt work there anymore and they now have limits. so they are now holding our funds. i am not going to mention names until we seek legal council and move from there.
I hope that you post more on this, once you move into a legal process. We were offered our own MA some time ago, I'm curious to see who you were dealing with.
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Old 02-12-2010, 10:53 AM   #3
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I hope that you post more on this, once you move into a legal process. We were offered our own MA some time ago, I'm curious to see who you were dealing with.
We cannot locate a proper MA anywhere almost. we are on the phone for the past 2 days non stop. so much red tape and no one has answers. in fact no one seems to know anything!

it is like when people come to for design it's not "can you design dating sites" FUCK of course i can i can do it all.

i know more then most of these reps and i dont even work in processing!

this is also MAINSTREAM.
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Old 02-12-2010, 10:54 AM   #4
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Good luck, the processor you decided to go with doesn't appear to be too well established

You should be able to get daily settlements in US and every 3rd / 7th day in Europe.

There's a number of good people on this board that should be able to take good care of you
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Old 02-12-2010, 10:55 AM   #5
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Old 02-12-2010, 10:57 AM   #6
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have you tried to contact Bank of America? I went in and sat down with someone in their Beverly Hills office to setup my merchant account and have a rate that is lower than probably most of the people out there.

just had to bring some proof of agreements and business description and they were willing to work with me. 1% makes a HUGE difference when doing large transactions. I have a contact there, hit me up and I'll forward it to you.

btw, Visa/MC funds are available next day and amex/discover takes approx 2-3 business days to deposit
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Old 02-12-2010, 11:03 AM   #7
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Good luck, the processor you decided to go with doesn't appear to be too well established

You should be able to get daily settlements in US and every 3rd / 7th day in Europe.

There's a number of good people on this board that should be able to take good care of you
they are established and BIG. we even got recommended, i think shit hit the fan for this processor with all the new regs and our now scrambling. i literally think they are holding our cash because we are new and need to make up loss.

fucking scumbags.

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have you tried to contact Bank of America? I went in and sat down with someone in their Beverly Hills office to setup my merchant account and have a rate that is lower than probably most of the people out there.

just had to bring some proof of agreements and business description and they were willing to work with me. 1% makes a HUGE difference when doing large transactions. I have a contact there, hit me up and I'll forward it to you.

btw, Visa/MC funds are available next day and amex/discover takes approx 2-3 business days to deposit
i dont care about 1% this is millions of dollars, i dont care about a higher fee if it involves working with a processor who understands.

they had 2 day deposits but that goes out the window when the decide to hold your cash.
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Old 02-12-2010, 11:09 AM   #8
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Hey Meta, hit me up. I think I could offer you some good advice.

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Old 02-12-2010, 11:19 AM   #9
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Hey Meta, hit me up. I think I could offer you some good advice.

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ok my partner is contacting you.

if you want to work with us we can make it happen. this literally has mega potential we have been building this system for 6 months+. and everything worked together almost bigger then we expected. we are now scrambling to get everything into works. the amount of money being left on the table makes me want to cry like a little girl.

we need someone WHO UNDERSTANDS RISK MANAGEMENT.

we are willing to offer full disclosure with a company that understands this. we are willing to play by your rules. we just need someone who knows their shit.

my brain is about to explode talking to all these idiots who try to wheel us. they are obviously sales people and do not know a fucking drop in a bucket about processing and RISK MANAGEMENT.

so in short he is contacting you.
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Old 02-12-2010, 11:27 AM   #10
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Metaman, sent this to one of my contacts ;-)
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Old 02-12-2010, 11:30 AM   #11
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Metaman, sent this to one of my contacts ;-)
ok sounds good thank you. we need someone who knows what they are talking about. i have a bulging headache!

thank you to Scott for your help also. my partner is moving ahead.

this is not a joke. we need someone who understands RISK MANAGEMENT i cannot stress this enough. the amount of money involved is worth managing it on both ends.

i cannot believe all these new regulations Visa and MC have put up. they are basically making it illegal to operate a business! they are trying to save every idiot consumer! soon they are going to have car commercials "this is a piece of tin, the tires are cheap rubber, the speaker system is OK, it is just another car in reality" fucking ludicrous!!!!!!
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Old 02-12-2010, 11:36 AM   #12
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Hey MetaMan, shoot me an email andy at emc2billing dot com. We can help you out.
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Old 02-12-2010, 11:38 AM   #13
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Me doubts MetaMan made $100k total (including flipping burgers on the side) since he signed up to gfy in 03.
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Old 02-12-2010, 11:40 AM   #14
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If I were you, I would see caution on the part of a processor as a good thing. Dont bail on them to fast but maybe spreading the wealth is the best idea. Cascading..
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Old 02-12-2010, 11:44 AM   #15
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MetaMan, hit me up. We might be able to help out, depends on what type of site this is etc etc...
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Old 02-12-2010, 11:45 AM   #16
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100k a day..lol nice coinage... only way to make that kinda $$ in mainstream is some kinda biz op or diet product "free trial"

Anyway good stuff, a lotta offers got shut down recently since visa/mc are being whores
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Old 02-12-2010, 11:54 AM   #17
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this is the best meta-troll ever, hands down

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Old 02-12-2010, 11:57 AM   #18
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this is the best meta-troll ever, hands down

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Me doubts MetaMan made $100k total (including flipping burgers on the side) since he signed up to gfy in 03.
i know it hurts to think someone is advancing with business while you are stuck on GFY being haters.



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If I were you, I would see caution on the part of a processor as a good thing. Dont bail on them to fast but maybe spreading the wealth is the best idea. Cascading..
they are basically trying to avoid us and not giving answers. this is not the type of people i want to deal with. they seem to have 100 departments and funnel you through each of them and someone is always "going to call you tomorrow".

we are contacting everyone.
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Old 02-12-2010, 12:05 PM   #19
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Go to one of the shows, every second person is a biller these days.
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Old 02-12-2010, 12:06 PM   #20
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glad to see it worked out big S.

fyi Meta isn't trolling
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Old 02-12-2010, 12:11 PM   #21
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Me doubts MetaMan made $100k total (including flipping burgers on the side) since he signed up to gfy in 03.
What is this, another Teencat nick?
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Old 02-12-2010, 12:11 PM   #22
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glad to see it worked out big S.

fyi Meta isn't trolling
not yet, but appreciated brad.

we didnt end up doing diet pills or even along those lines. to much heat on the industry. and i think that heat is affecting companies across the board. the more i talk to people the more i hear of recent struggles with processing even if you are legitimate.

we have it proven, i think we just got in over our heads. the growth was way to big to manage at first and that is why i think we caught heat from the processor.

i can understand their end a new account doing such high numbers.

once i find someone who can help us manage risk then we are off. it seems so hard to break through these days. regulations on regulations. and i admittedly do not have expertise in this area.

we are just looking for someone who is willing to take us through the process and get things done properly. we are not a scam outfit either.

Last edited by MetaMan; 02-12-2010 at 12:12 PM..
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Old 02-12-2010, 12:15 PM   #23
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meta if your product is good let me know i can send a lot of traffic to it.. i made a killing with acai/biz ops/ and im looking for something new.. i want profit sharing, tired of $30-40/ conversion while the advertiser makes a lot more
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Old 02-12-2010, 12:16 PM   #24
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Metaman,

If you are shipping products and need a company to drop ship for you, please let me know.

We ship for alot of companies out there.

Thanks

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Old 02-12-2010, 12:21 PM   #25
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MetaMan, hit me up. We might be able to help out, depends on what type of site this is etc etc...
I'll bump Zombaio on this. We've been processing with them since last summer, never an issue.
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Old 02-12-2010, 12:26 PM   #26
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meta if your product is good let me know i can send a lot of traffic to it.. i made a killing with acai/biz ops/ and im looking for something new.. i want profit sharing, tired of $30-40/ conversion while the advertiser makes a lot more
right now it is all for nothing. it hurts to see such high numbers then have to restart but just seeing it capable is enough for me.

we have a backup plan in place if we cannot find a proper processor to help us manage things. we are estimating that will do half the numbers, but at full capacity it should do the same.

we are not pushing biz opp or acai, those industries have been taking an ass whooping. the credit card companies are basically closing shop on alot of offers.
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Old 02-12-2010, 02:03 PM   #27
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http://www.emerchantpay.com not sure if vince would be able to help you man maybe send him an email
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Old 02-12-2010, 02:15 PM   #28
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hey hit me up
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Old 02-12-2010, 02:21 PM   #29
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Hit me up on ICQ MetaMan, I have several companies I work with that can be a good fit.
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Old 02-12-2010, 02:23 PM   #30
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Hey Meta, could you hit me up again... Thanks man.
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Old 02-12-2010, 03:30 PM   #31
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LOL @ a certain processor in this thread
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Old 02-12-2010, 03:34 PM   #32
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We may be able to help. My contact info is below.
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Old 02-12-2010, 04:19 PM   #33
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metaman, hit me up for a quote from the ccbill sales team, we are experts in risk management and high volume. im confident we can do what you need

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Old 02-12-2010, 04:42 PM   #34
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my partner is out atm he will be contacting everyone.

alot of people i have gotten the same info from. lets just say when your last years salary gets held you wise up quite fast.

we are still looking for solutions. corvette i will def. be contacting you also.
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Old 02-13-2010, 08:58 PM   #35
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If you want some free advice, add me to ICQ.
If you are unsure who I am, ask around ;)
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Old 02-13-2010, 09:08 PM   #36
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big pimpin' good luck on your search
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Old 02-13-2010, 09:17 PM   #37
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If you don't want a IPSP or third party processor but a direct merchant account, hit me up. I am usually available 12-16 hrs a day. Depending on some of your company's info, I might have the solution you have been looking for.
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Old 02-13-2010, 09:32 PM   #38
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Okay who hacked MetaMan's account.... this is making my brain explode.
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Old 02-13-2010, 10:01 PM   #39
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We are going through contacts tomorrow and monday. if nothing comes then we are putting our backup plan into effect. cant sit around any longer.
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Old 02-13-2010, 10:07 PM   #40
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good luck MM!
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Old 02-13-2010, 10:08 PM   #41
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thanks! i seen you are having some processor issues also. i hope that gets worked out for you. the more people i talk to the more i am hearing at the recent headaches. i think alot of peoples business are going to have to pay for the mis management of alot of processing companies.
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Old 02-13-2010, 10:18 PM   #42
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Just for the fun of it........ MoreMagic
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Old 02-13-2010, 10:19 PM   #43
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Sup chief?

From the sounds of it, you need someone solid who knows merchant/processing in and out. I would recommend you hit up Mike at ICQ: 27701318. He can go over all the different options available to you in processing and get you set up with what's best for your needs.

Good luck.
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Old 02-13-2010, 10:27 PM   #44
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Sup chief?

From the sounds of it, you need someone solid who knows merchant/processing in and out. I would recommend you hit up Mike at ICQ: 27701318. He can go over all the different options available to you in processing and get you set up with what's best for your needs.

Good luck.
what company is he?

it's late here so if anyone isnt hearing from me tomorrow im looking things over.
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Old 02-13-2010, 10:29 PM   #45
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Just for the fun of it........ MoreMagic
what's for fun?

if you can process it than how is it for fun?

my partner has extensive experience in mobile but not for billing. id have to talk to him how viable the solution would be.

Last edited by MetaMan; 02-13-2010 at 10:30 PM..
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Old 02-13-2010, 10:30 PM   #46
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what company is he?

it's late here so if anyone isnt hearing from me tomorrow im looking things over.
He is a middle man. He can set you up with domestic, or international merchant banks. He typically deals with BROgrams and bigger dollars that need processing and/or merchant accounts.

He is one of the more knowledgeable people I have found in the industry when it comes to processing. He used to work for Verotel (hired as U.S. rep), and someone else. But for a number of years now, he has worked for himself.

I would have to find the name of his company(ies) and post it later. I have his official business card around here somewhere. But whether you need off shore, or several accounts for your charge backs/rebills and all that other complicated bullshit. He's da man.

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Last edited by Barefootsies; 02-13-2010 at 10:32 PM..
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Old 02-13-2010, 10:32 PM   #47
MetaMan
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Originally Posted by Barefootsies View Post
He is a middle man. He deals with BROgrams and bigger dollars that need processing and/or merchant accounts. He is one of the more knowledgeable people I have found in the industry when it comes to processing. He used to work for Verotel (hired as U.S. rep), and someone else. But for a number of years now, he has worked for himself.

I would have to find the name of his company(ies) and post it later. I have his official business card around here somewhere. But whether you need off shore, or several accounts for your charge backs/rebills and all that other complicated bullshit. He's da man.

ok thanks. i am just about exhausted my find but im going to give it a couple more days.

we kind of planned for this. we know the economic environment right now. we are at the point where we do not believe anyone has any answers at this point in time. so we may put things on the back burner until visa and MC cool off.
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Old 02-13-2010, 10:34 PM   #48
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Found it.

Michael Maisonet
FSME Consulting
High Risk Processing and Merchant Account Specialist

I'm not going to post up the 800/cell number and email publicly in forum. You can contact me privately if you want those. Otherwise, hit him up on ICQ and he can give em to you directly.

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Old 02-13-2010, 11:00 PM   #49
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I learned from first-hand experience that you've gotta be careful about the numbers you put on your MA app ... the daily volume, highest ticket price, etc. If you deviate too far from what you say you will, they red flag your ass.
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Old 02-13-2010, 11:04 PM   #50
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i can understand their end a new account doing such high numbers.
Bingo!

Plus, that rep may have changed some numbers on that application to get you approved. A lot of the MA sales guys just want to hit numbers.

Meaning someone could have put in $3 million a month in processing and he turned around and entered it into the computer as $30,000.

I had a guy do that to me once when we made it all the way to printing out the contract. After discovering that the contract did not specify the numbers I did on the app, he said "oh, the numbers I put work better." OOOOOOK then. That's fine and dandy until you find yourself in your situation.
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