Why don't sponsors have their own merchant accounts?
 

Why don't sponsors have their own merchant accounts? 3rd party companies that process for us obviously do.

Is the risk or cost too high?

:1orglaugh

??

We do

Let me count the ways I could answer this question....

Could take a while....

I have time :)

Lets go, answers people..

I will have it...

A lot do. If VISA kills third party processors, no one will have a choice.

It's mostly a price/volume/security issue.

I think there are a variety of different reasons:

1. Can't afford it. Adult merchant accounts cost a few thousand to open. Smaller sites often don't have a few thousand lying around.

2. Lack of knowledge. They aren't aware that they can get their own merchant account.

3. Too lazy or wary of getting their own merhcant account.

Geez Ive had one since 1995 it only cost me $50 back then.