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Originally Posted by KlenTelaris
Indeed,i heard payment proccessing script cost only 100$.So i think webmasters should unite their financies and create new payment processor with lower fees.
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Not to insult anyone here, but in all honesty, this is a complete pipedream. Visa and Mastercard don't work like this, and frankly, they like the situation the way it is now.
Getting your own merchant account is the only option besides using an IPSP, and you are not allowed to co-op on those and be in compliance with the card association regs, let's be clear on that.
One company, one merchant account. There is a reason that unregulated aggregating is so far outside the rules it's not even funny.