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Old 10-03-2002, 04:47 PM  
Ipulse_Jeff
Registered User
 
Join Date: May 2002
Posts: 1
So, Visa is charging $500 up front, $350 per year. Ibill, CCbill, and Epoch are charging $750 up front and $500 per year.

I appreciate the honesty about where the balance goes (bank and processors), though I bet a majority is profit for Ibill, CCbill, and Epoch.. please correct me if I'm wrong.

Isn't that a little like price-fixing? None of the three is willing to absorb the administrative cost for a competitive edge by passing Visa's fees straight through? They'd rather all get their little extra money and take competition out of this tough situation... as far as I know that is against the law.

In the big picture, this is not a big deal of course, but just wanted to point this out and hopefully get feedback from one of the three.
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