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xxweekxx · 03-17-2010, 03:48 PM

also some companies have different goals.. epoch has goals to make millions in profit a year, some companies are good with $100k profit.. feel me?

lets say theoretically you wanted to reduce rates to say umm 8%, i bet you'd still make profit, just a lot less, well there are companies who are willing to make that little profit at 8% in hopes of becoming a big player later on..

i know for a fact your banks dont charge you guys 8% to process sales, thatd be nuts, so my point is for every % drop you can offer, you lose % profit.. you guys are profitable..

so you could therefore theoretically reduce rates by 90% and decrease profits by an almost equivalent %~, therefore some billers like Zb are willing to work for way lower profits..

i hope this all makes sense

03-17-2010, 03:48 PM
xxweekxx Confirmed User Join Date: Oct 2002 Posts: 6,780	also some companies have different goals.. epoch has goals to make millions in profit a year, some companies are good with $100k profit.. feel me? lets say theoretically you wanted to reduce rates to say umm 8%, i bet you'd still make profit, just a lot less, well there are companies who are willing to make that little profit at 8% in hopes of becoming a big player later on.. i know for a fact your banks dont charge you guys 8% to process sales, thatd be nuts, so my point is for every % drop you can offer, you lose % profit.. you guys are profitable.. so you could therefore theoretically reduce rates by 90% and decrease profits by an almost equivalent %~, therefore some billers like Zb are willing to work for way lower profits.. i hope this all makes sense __________________ _________________ I am the best