Quote:
Originally Posted by NETbilling
This is not true. Actually when working with a company like NETbilling or other gateway processors that have a call center and strong bank relationships, we handle bank inquires for you and save you a ton of $. We have seen that smaller merchants are better off with a third party biller but as you grow you will certainly want the control, flexibility and savings that you simply cannot get with a 3rd party processor as essentially the customer does not belong to you when using third party, they belong to the biller. Without you holding the merchant account, you have no right to any of the credit card opt billing info of the consumer if you are not the merchant account holder, putting you at a disadvantage.
Mitch
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Thank you Mitch,
I have three questions for you.
What is credit card opt billing info?
What you say is a reasonable monthly sales volume to be doing to really benefit from a Merchant Acount as oppose to a Third-Party biller? So what is the volume that is suited for Third-party biller and what is volume that is good for Merchant Accounts?
Say $100,000 month sales, is that what it takes to benefit from a Merchant account? Also i did not know the you could get good customer support with a merchant account, I thought otherwise. And having a good relationship with the bank is great.
Thridly why are these "control, flexibility and savings" you spoke of? Can you be more specific?
Thank you so much in advance Mitch.
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