Quote:
Originally Posted by MakeMeGrrrrowl
I'm selling phone sex for 22 years. My current rate is 5.19 and the rate I am being offered by one company is half a percent over interchange which should be around 2%. I think a 3% difference is pretty big. No one else we spoke with could compare to the rate this one large company is offering.
It saves a significant amount of money if those figures are true. I'm wondering what the average rate for high-risk merchants is and if someone has experienced a processor telling them one rate and then them seeing another on their statement.
Sometimes it's worth it to pay the extra money because no one ever messes with me....but saving 11-12k a month sounds really great as well. Might be worth the hassle.
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If you are being offered interchange for adult phone sex, they are moscodong you as the rates cannot be that low.
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Mitch Farber
CEO - NETbilling, Inc.
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