Quote:
Originally posted by netbilling
Hi,
Nobody ever said it is easy having a merchant account. It is surely only for merchants who are on top of their business and want the control. As I and Clay both stated above, you will have to pay the registration fee, just as you do with the IPSPs, however, we do have e few different bank options to setup the account, both domestic and offshore. We do it everyday for new merchants. I can tell you that we get new merchants each day both new and those who are switching from other processors, and we have an extremely low attrition rate... they come and they stay.
Be sure that you do not use Autohorize.net (since they no longer take adult) or any other gateway that does not do the customer service for you (as an option), have extensive fraud scrubbing etc... and certainly do not try to do it yourself. This is why so many blew out merchant accounts back before Netbilling and other adult oriented gateway companies were around.
Of course third party processors are needed and probably do not like the new regulations any more than anyone else. However, it may no longer be the best solution for many.
Feel free to call our Sales department after 9am PST to discuss all of your questions. 888-357-8166 or 661-252-2456
Mitch
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I do agree with Mitch in that only those who closely monitor their own merchant accounts and know how to deal with excption files should apply for their own acccounts. However for a new site owners I do reommened 3rd party first. Third party processors are not going away,if anything their importance in payment processing especialy in the high risk space will increase..
As far as conversion of paysites to AVS models I see no reason for this or even why this has become as issue, I have to agree with mrthumbs, and ask where did this idea come from, I sure hope it did not arise fro the $750 registration fee...
Clay