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Old 12-17-2002, 05:21 AM   #1
Carp
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I do $10k a month in revenue, should I get a backup proccesor?

if you are doing $10k a month in revenue, should I have a backup proccesor or is 1 proccesor sufficent? And should I consider getting a merchant account at $10k a month?
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Old 12-17-2002, 05:53 AM   #2
jeroman
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I had about the same revenu a while back.
After adding a backup processor I got about 1k more.

I also got myself a merchant account but that was when
the VISA issue was all over this board, just in case.
You can find a 3 party processor talking 10% fee and thats
almost what you will pay for your merchant account.
Atleast 6% will go to the bank + a transaction fee, atleast in europe.
And then you need to get the Tech stuff together or pay another 1-2% for that service.
Setup costs 1500-2000 k and then you will need to keep track of
all the chargebacks and please read the VISA terms before applying ;-)

Jeroman
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Old 12-17-2002, 06:10 AM   #3
marty
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I have a merchant facility for another company of mine and I have negotiated a rate of 2.63% for it. It's not porn but 10% is too high for anything.

Get yourself a backup in any case. It catches the losses you'd normally get.
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Old 10-21-2016, 10:25 PM   #4
Relic
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Quote:
Originally Posted by Carp View Post
if you are doing $10k a month in revenue, should I have a backup proccesor or is 1 proccesor sufficent? And should I consider getting a merchant account at $10k a month?
go fuck yourself Carp
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Old 10-21-2016, 10:43 PM   #5
Spunky
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Stop bumping old threads.
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Old 10-21-2016, 11:02 PM   #6
oppoten
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Gas the carps, race war now.
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Old 10-22-2016, 03:57 AM   #7
NatalieK
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if you're doing $10 a month, before new processors, you need to think about new content or more traffic
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Old 10-22-2016, 06:36 AM   #8
Relic
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Stop bumping old threads.
Sure thing Spunky
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Old 10-22-2016, 06:49 AM   #9
charlie g
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sorry, none of my business. carry on
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