How come some billing companies are able to not do the visa fee
 

And others do it? Can someone tell me? Honestly, please someone not working for a billing company please tell me. It would seem like a competitive advantage/disadvantage to me.

Because it doesn't really exist.

lol what?

Somethiing to do with being based in the EU?

EU Visa is not the same as US Visa. US Visa has a fee EU Visa does not.

Summed up toe perfection.

:thumbsup

Ding! Ding! We have a winner!


.

so how come all us billing doesnt require the fee? Like zombaio or verotel? I think i may be confused about this subject.

Zombaio PAYS IT FOR YOU.

lol 8char

I recently saw my visa check card replaced by a master card from my bank. I think the average person has at least a visa, mastercard, and probably a discover. I wonder if sales would really suffer all that much if you just didn't accept visa. Is that even an option, to turn accepting visa off from the back end of your program with a billing company?

I've never ran a pay site, so curious.

You would suffer badly. Visa is king.

https://www.zombaio.com/faq.asp#11

I see no visa registration fee, why?

You don't have to pay the visa registration fee as we pay that fee for you. It would be nearly impossible fo us to offer our services to small merchants connected to another biller without this offer.

Im trying to get one off the ground and use most of the funds towards content and traffic

I was looking into it recently too. I've done a lot of research on how to start from the very bottom on up. There is a ton of information on this board, but in bits and pieces scattered over so many threads. I just spent another 4 hours last night bookmarking old threads for reference, lol.

So, yes, that visa registration fee while not much in the grand scheme of things would be nice to not have to pay at start up if at all possible. Good luck and I hope it takes off for you! :thumbsup


What do you think the % of people using visa compared to the other cards is? Is it really that large that they are indeed king?

I'm not sure what the statistic is but pretty sure Visa would account for over 50% of sales.

The market you cater to is important. For example, 1 site I market to are mainstream companies, the majority use AMEX, then visa, then mastercard. The reason though is many professionals use AMEX because of the cash back incentives.

Porn, the average credit card holder, VISA for sure.

Last month on primarily US traffic my roughly 3,000 Merchant Account transactions were almost exactly a third Mastercard and the rest Visa with a half dozen Discover.

If those numbers are close to being accurate for everyone I can definitely see the importance of visa. Two out of every three porn customers would prefer to pay with visa.

As a consumer with credit cards, visa isn't any more attractive to me than mastercard. Stats of card owners:

Some other stats:
http://www.indexcreditcards.com/imag...istics_big.jpg

13% more transactions with visa
13 million more visa users

*edit, also spot on John about professionals and their spending on Amex, look at those numbers.

Ok didnt answer what I really wanted to know but thanks for participating

To directly answer your question the merchant, ccbill, takes on costs to operate. That includes review of sites for compliance, chargeback fees imposed by the credit card company, customer support, etc.

I have asked this question many, many times and never received a direct answer. It is therefore my opinion that CCBill evaluates all the "possible" fees associated with providing what they do and decided $750 per account, per year, on average, would be suitable.

That's my opinion but as far as I am concerned or aware of, VISA does not charge a merchant a yearly flat VISA fee. Billers call it a VISA fee because indirectly and directly... it could be. Also, VISA representitives are not reviewing each site for VISA compliance... CCBill representatives are.

Barrier to entry fee.

Pay the fee :2 cents:

Without Visa you're nothing because most people use it. I dont have the stats but it's the majority.

it was already answered for you dumbass.

That....

although.....


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... come to the UK & get hit with http://www.atvod.co.uk/

fuck you :2 cents:

dont ruffle my feathers today kid

thank you sir. :pimp

I agree and understand that, i dont think enough people ask why questions :)

It's a marketing technique. Some billers (like Zombaio, not sure if they still do) cover the fee in order to gain merchants.

Correctomundo!

Also, in the US, you have the Mastercard registration fee if you get your own merchant account but you only pay it and the Visa fee one time (plus yearly renewal) regardless of the gateway you use.

Mitch

To be clear - in the US, the Visa fee is actually $500 and Mastercard is $1000 for high risk merchant account registration fees.

We do work with some banks and ISOs that will pay the fee on your behalf or spread it out into payments depending on your volume.

Mitch

Some are breaking the rules by not collecting and paying the fee. At least one medium sized biller had their Visa account terminated a couple of months ago because they weren't collecting and paying the fee. They still haven't neen able to get Visa processing back.

Got a link on Visa site, mastercard site?

That would clear the air for good and never the question would need to be answered again on this forum....

that is until my next question...

Also, how does that work exactly... "merchant" account. I'm speaking the difference between one of your clients who get a "merchant" account and then choose a specific bank compared to ccbill "merchant" account who oversees everyone's smaller "merchant" accounts.

Your input would really help clear the air for good.

Hi,

I do not have a link to the fees on the visa or master card site but I will try to find something to post.

There are many differences to having your own merchant account vs. using an IPSP such as CCbill. It is best explained over the phone as we determine your needs, volume, time in business etc.. I can promise you however, that you will certainly save money and have much more control with your own merchant account, but along with that comes more responsibility as well. Feel free to call us anytime, ICQ, Skype or email for more information.

Mitch... I will likely reach out to you because I do understand the difference between an IPSP and a merchant account as far as the flexibility that offers in both processing the cards, join forms, control over refunds/chargebacks etc.

Let me clarify my question... what is the difference in a "merchant" account like you help setup with your clients and a "merchant" account on an IPSP like CCBill in regards to the visa and mastercard fee?

The difference is that as a sponsored merchant (you processing through an IPSPs merchant account), you only have to pay the Visa fee, not the Mastercard fee.

Does that help?

Mitch

It's not a big fee either way. It doesn't make sense to me but I'll just leave it at that.

What doesn't make sense?

Mitch

The VISA fee is a very real annual fee assessed by VISA and collected by payment processors. It wasn't arbitrarily decided by CCBill.

With our US IPSP we have to either claim the fee from our customers or decide to cover it ourselves. With our EU IPSP we do not have to do this because the EU VISA assesses their fee as a "per transaction" charge instead. Some of our competitors pay for every US merchant they board.

Each payment processing company brings a different set of assets to the table. Some save you money up front, some have better tools and save you money all along, some have very flexible payment solutions, some have better customer service than others, some rest on having a good brand, etc. When selecting, I'd encourage you to consider more than just whether or not they'll assume the VISA fee for you.

I have the benefit of being able to board merchants on either the US IPSP or the EU IPSP and depending on their volume, sometimes the US VISA fee is actually the lesser evil. To board in either place you need to have a corp based there, of course. In addition, I represent the ability to set you up with your own merchant account with gateway services, where you'd have to pay all the card services fees, but only annually, instead of with each additional 3rd party IPSP you select to work with.

I know you asked for non payment processing employee answers, but you're going to get the best information from those of us in the industry.

CCBill will pay it for you too. If you make them enough money.

Did you pay them?

Asia is Visa Inverse. That's fucking why.

WTF is that?

Is that a joke?

They create a pseudo EU company for their clients and in the EU you don't have to pay a visa fee.

Does anyone know if the $750 fee is paid directly to Visa, so you only have to pay it once even if you use multiple processors like CCBill and Epoch? Or do you have to pay it to both CCBill and Epoch if you sign up with them both?

Hey, I found the answer to my question on the CCBill FAQ page:

But I'm still confused about one thing: do you have to pay the $500 annual fee in addition to the $750 registration fee from day one? So in other words, you really have to pay $1,250 if you want to start accepting Visa? The above answer from CCBill makes it sound like that is the case, which kind of sucks.

is $750 really a big deal to some people? I LOL'd

For a moment there I thought this read "Sump pump toe infection." :1orglaugh

To people who are just starting out with small niche type sites. Yes.

To a big shot like yourself.

Of course not!! You shit money. :1orglaugh:1orglaugh

Both are EU, not in US

Pretty accurate ratio