most welcome, and again, wish ya the best of luck
Quote:
Originally Posted by yens
yes, it's an adult project the problem is providers like ccbill / epoch ask for high fees, that is why I am looking for a project with low fees and fast setup/registration for merchants. because we are in a hurry  |
this is the issue though, if you're gonna be in adult you have to play by the rules of processing in adult, at least if you want to accept credit cards
thanks to a long history of card banging/shady Xsales and dudes not wanting to explain a line item on their credit card bill you have to pay the 'high risk' fees for Visa/Mastercard. plus a higher percentage fee, but you can get down to 3ish% with a good track record and record of sales on your own MID. with your own MID just starting out, expect to pay 4ish%
MIDs are way cheaper but take a lot longer to set up
Third parties like CCBill/Epoch/etc set you up faster, but take a much larger cut
companies that are willing to process adult at non adult rates are the ultimate red flag. they're lying to you and being underhanded in their dealings with their bank(s). the institutions that will eventually cut a company off, and their contract absolves them of any responsibility to you. foresee the issues down the road here
you're building a biz. take a breath and cross all your T's. I know you want this all done yesterday but recognize that won't be the case. there's paperwork and bank accounts and procedures and site vetting, the whole ball of fun
taking that time to align yourself with an established, quality adult processing provider will prevent a host of eventual headaches
now choose something safe that works for you and go make some money =)