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Old 02-14-2012, 04:54 AM  
Michael O
More Cowbell
 
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Join Date: Jul 2001
Location: Nakhom Nowhere
Posts: 10,607
Quote:
Originally Posted by RACER LUPINE View Post
It's adult, but the company has been in business for nearly 25 years and taking credit cards for over 20 ... we have like 2 chargebacks per year max (always for less than $200.00) and excellent history with all of our financial services. The rep at our current (30%) merchant bank says all the banks are doing this to adult businesses now. I don't know how true that is, except that we've had a hell of a time. We've changed credit card processors like 4 times in the past couple of years, they keep dropping us; last year we had no processor at all for 4 months, almost put us out of business.

A couple of years ago Bank of America, without warning, froze our business checking account completely, all they'd let me do was close it and get a check for the balance. Their rep told me that BofA no longer handles ANY adult businesses at all. We switched to Wells Fargo.

RACER
I think the problem is that you are using companies that are targeting mainstream instead of the adult business. The 3 companies mentioned in this thread will all give your a better deal than 30% since we specialize in adult.

If you want to hear more about what http://www.Zombaio.com can do for you send me a email with your more information about what your company do to [email protected] and we can take it from there.
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