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-   -   What's the minimum volume for a merchant account? (https://gfy.com/showthread.php?t=632535)

MaDalton 07-12-2006 01:22 PM

What's the minimum volume for a merchant account?
 
25K? 100K? more? less?

thanks! :thumbsup

teksonline 07-12-2006 01:25 PM

Minimum volume? $0.00

MaDalton 07-12-2006 01:27 PM

Quote:

Originally Posted by teksonline
Minimum volume? $0.00

that's not that much... :winkwink:

and who offers that?

RRRED 07-12-2006 01:28 PM

Hehe.. so whacha doin?

Hit me up.... I have someone who can help you get one no sweat.

DaddyHalbucks 07-12-2006 01:35 PM

Minimum volume is $0 --but most processors charge you a minimum fee of approx. $50 per month.

justsexxx 07-12-2006 01:37 PM

Check ICQ ;-)

pussyluver 07-12-2006 01:37 PM

Fees are $68/mo for me, but that includes some electronics and insruance etc. Volume required = $0

czarina 07-12-2006 01:39 PM

Read the small print.

pornguy 07-12-2006 01:43 PM

You may want to stay away from anyone that requires a Volume # Just pay the monthly.

MaDalton 07-12-2006 01:53 PM

Quote:

Originally Posted by pornguy
You may want to stay away from anyone that requires a Volume # Just pay the monthly.


well - Netbilling told me it requires a minimum of 25K a month as far as i remember

MaDalton 07-12-2006 02:34 PM

Quote:

Originally Posted by pussyluver
Fees are $68/mo for me, but that includes some electronics and insruance etc. Volume required = $0

care to tell me where you got that from? you can also ICQ me if you don't want to tell here...

MaDalton 07-12-2006 05:12 PM

bump for more information :glugglug

Doctor Dre 07-12-2006 05:16 PM

Quote:

Originally Posted by pornguy
You may want to stay away from anyone that requires a Volume # Just pay the monthly.

All the big boys talk about volume when they are looking for a mercheant account...

Validus 07-12-2006 05:21 PM

Quote:

Originally Posted by MaDalton
25K? 100K? more? less?

thanks! :thumbsup


This is a good question!

I guess there isn?t really ONE answer to this though. It depends on the provider of the merchant account; its policy on volume in turn might be based upon the requirements of the bank.

The best merchant account solution there is right is Netbilling (www.netbilling.com) in my opinion. For volumes of 75K+ per month, I can certainly also help directly.

AmateurFlix 07-12-2006 05:46 PM

Quote:

Originally Posted by MaDalton
well - Netbilling told me it requires a minimum of 25K a month as far as i remember

strange they never mentioned a minimum for site membership sales when I asked about it, and I know they didn't have a minimum for tangible sales

MaDalton 07-12-2006 06:00 PM

Quote:

Originally Posted by AmateurFlix
strange they never mentioned a minimum for site membership sales when I asked about it, and I know they didn't have a minimum for tangible sales


i just had a look - it was 50K a month, not 25K - i have that in my ICQ log. for tangible sales

Kimo 07-12-2006 06:03 PM

i think you can get one for a small flat fee + % of transactions

Validus 07-12-2006 06:04 PM

Quote:

Originally Posted by MaDalton
i just had a look - it was 50K a month, not 25K - i have that in my ICQ log. for tangible sales

This comment isn't in relation to Netbilling.

Companies need to protect themself. Whenever there is some sort of custom integration or manual work involved, the company needs to ensure it will be able to cover the cost. Sometimes it just isn't worth doing business with somebody.

Again, this is just my opinion... I don't mean to offend anybody.

The Demon 07-12-2006 06:05 PM

It depends on what you want.. A first party merchant(what big affiliate programs use) would require at least 200k. What you are probably looking for is a 3rd party merchant, that's what I have. There's no minimum...

MaDalton 07-12-2006 06:06 PM

Quote:

Originally Posted by Kimo
i think you can get one for a small flat fee + % of transactions


ok, you are the third or fourth know who tells me this - but still no one wants to share the little secret WHERE!!!

are merchant accounts something like weed or coke where you have to know someone who knows someone who you will meet the third oaktree from the left on the highway34 just after the green postbox?

MaDalton 07-12-2006 06:09 PM

Quote:

Originally Posted by Validus
This comment isn't in relation to Netbilling.

Companies need to protect themself. Whenever there is some sort of custom integration or manual work involved, the company needs to ensure it will be able to cover the cost. Sometimes it just isn't worth doing business with somebody.

Again, this is just my opinion... I don't mean to offend anybody.


if that's the case i just start to make a nice little list for times when people approach me in the future... :2 cents:

AmateurFlix 07-12-2006 06:15 PM

Quote:

Originally Posted by MaDalton
i just had a look - it was 50K a month, not 25K - i have that in my ICQ log. for tangible sales

???
I had an online store setup for over a year with their processing that never did more than $5k per month and sometimes did under $1k, for tangible merchandise.

Perhaps they have changed their policies since I used them.

Validus 07-12-2006 06:15 PM

Quote:

Originally Posted by MaDalton
if that's the case i just start to make a nice little list for times when people approach me in the future... :2 cents:

Sorry, I don't understand what you mean... please explain.

I've consulted for a company that had the problem of taking any customer. They didn't screen out customers and got bogged down with customers that didn't make them money, just consumed resources. The "good" customers were left behind because there were not enough resources for them; they left and went to the competition. After the company put screening policies in place things changed...

MaDalton 07-12-2006 06:20 PM

Quote:

Originally Posted by AmateurFlix
???
I had an online store setup for over a year with their processing that never did more than $5k per month and sometimes did under $1k, for tangible merchandise.

Perhaps they have changed their policies since I used them.


maybe i'm from the wrong country - who knows

MaDalton 07-12-2006 06:24 PM

Quote:

Originally Posted by Validus
Sorry, I don't understand what you mean... please explain.

I've consulted for a company that had the problem of taking any customer. They didn't screen out customers and got bogged down with customers that didn't make them money, just consumed resources. The "good" customers were left behind because there were not enough resources for them; they left and went to the competition. After the company put screening policies in place things changed...


what i mean is: i need the merchant account to grow - cause the current billing i use is not satisfying due to various reasons. when i'm considered "too small" to help me now - i will not be interested in their services even when I'm big enough. I will make my way, no matter how. but i carefully watch who helps me on that way.

if someone can't see that - his bad. But I built this business from zero in 2 years now and i don't intend to stop because of this

Validus 07-12-2006 06:27 PM

Quote:

Originally Posted by MaDalton
what i mean is: i need the merchant account to grow - cause the current billing i use is not satisfying due to various reasons. when i'm considered "too small" to help me now - i will not be interested in their services even when I'm big enough. I will make my way, no matter how. but i carefully watch who helps me on that way.

if someone can't see that - his bad. But I built this business from zero in 2 years now and i don't intend to stop because of this

I see what you are saying and you are right. It isn?t easy to identify the hard works from those who just have an idea without plan. Banks for example do a very deep evaluations before they give business loans.

Did you try talking with Paycom? Paycom also has merchant account solutions.

MaDalton 07-12-2006 06:33 PM

Quote:

Originally Posted by Validus
I see what you are saying and you are right. It isn?t easy to identify the hard works from those who just have an idea without plan. Banks for example do a very deep evaluations before they give business loans.

Did you try talking with Paycom? Paycom also has merchant account solutions.


no, but i see they have what i need. do you have anyone in particular i can contact?

thx :)

The Demon 07-12-2006 06:36 PM

If I were you I'd go with Verisign as the gateway and Card Services INC as the merchant. They are very good..

Validus 07-12-2006 06:37 PM

Quote:

Originally Posted by MaDalton
no, but i see they have what i need. do you have anyone in particular i can contact?

thx :)

Oh, I just know Rand over at Paycom. He is very much on the ball; not a sales guy but he is a great contact to start off. Hm, I think he is away right now though. ICQ me... 269208831

MaddCaz 07-12-2006 06:39 PM

good question man...

MaDalton 07-12-2006 06:45 PM

Quote:

Originally Posted by The Demon
If I were you I'd go with Verisign as the gateway and Card Services INC as the merchant. They are very good..


Quote:

VeriSign Payment Services, now a PayPal business,
not sure if that is a good idea for adult... :upsidedow

Validus 07-12-2006 06:50 PM

Quote:

Originally Posted by MaDalton
not sure if that is a good idea for adult... :upsidedow

Good call. :)

MaDalton 07-12-2006 06:59 PM

Quote:

Originally Posted by Validus
Good call. :)


thanks for your help - much appreciated! :thumbsup


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