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Having your own merchant account in membership sites...
How much would you think you should be processing per month until its worth having your own merchant account rather than a 3rd party processor cause i wana be my own processor and fly to curracco in a lear jet like the two big ones did
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20k a month or anything if you can get one. Just use netbilling or some one to handle support.
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Wow another biz thread bites the dust. |
well the common wisdom is that if you are taking alot of traffic from affiliates you won't be able to hang on to a merchant account, that's pretty obvious since u don't see any large programs using their own merchants anymore - you get TMF'ed on your own merchant account and you can't go back to 3rd party - well not without some hassles setting up a new company with you hidden in the background.
merchant account is a good thing to have in case of disaster in the 3rd party processing biz or if you run paysites without many affiliates. |
Actually it should always be worth it if you pay less percents for processing and if you have a good transaction history with your current 3rd party biller it isn't a problem either.
Just make sure that the scrubbing percent isn't too high. |
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legit sites have no problems at all. |
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ya but what good would it be if a 3rd party processor folds and you wont be able to transfer all those members credit cards over to another merchant account? |
i don't think it is up to us to determine whether we get a merchant account. it's 3rd party processor's unless you are bringing in some $$$
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its not worth it unless over $250k per month....
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I wish I knew that answer , I guess I will post later when I hit that 100,000 a month mark ... Gimme a few years and I will get back with ya ...
http://hometown.aol.com/iblinkedndme...herman%204.gif |
lol....i think you will sooner ;-)
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Using your own merchant account is like pissing on an electric fence.
Your gonna fry. |
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