Hi all... good thread.
What is very interesting is how lower rates automatically is less reliable.
We monitor every single signup in something we call SIGCON which is an internal behavior monitoring program which gives us information exactly where users abort their purchase (if aborted) and tons of statistics for the aborted session such as 3d enabled, debit credit, country, browser type, language etc. All aborted sessions is followed up and as it is now the ratio is 4:30 (ABORTED/DECLINED : APPROVED of LAST 30 trnx). We are working really hard to have as high throughput as possible.
We also have, possible the markets most reliable scrubbing system, used by MANY MANY banks and financial institutions (
http://www.samport.com/?q=samport-zeus) worldwide. The system helps us and our merchants to keep fraud at a minimum at the same time as accepting many good orders.
We are 21 employees
6 developers
3 accounting
5 management incl cto and ceo
4 support
1 compliance and regulations
2 backoffice billing
All client funds (even to and from US banks) are held by our Swedish corporation. The Swedish corporation is under direct supervision of the Swedish Financial Supervisory Authority (FI). FI supervises and monitors companies operating in financial markets.
As we said 3 years ago, we are here to stay; we have been doing this for almost 8 years now, and are a rapidly growing brand in the adult space which we are very glad for.
We have not only good rates; we have a very good processing platform honored by many clients (
https://www.zombaio.com/Testimonials.asp).
Try us out, there are no startup fees and you will get your account details instantly after signing up (
https://secure.zombaio.com/signup/) (yes we still eat that fee for US merchants but not much longer for new clients)
COMPETITION = DEVELOPMENT!