Payment Processors without VISA/MC Yearly Fee?
 

Can anyone recommend payment processors besides Zombaio that don't require the yearly fee to accept VISA or MasterCard?

Payment processors is synomonous with adult. There is such a thing as billing yourself. Just something to think about.

Bitcoin?

think the fee is unavoidable now since mastercard added their fee. Tried to open an EU epoch account last week just to pick up a few declines on a small site, the $500 fee was non-negotiable with or without mastercard included.

huh? I'm not following you?

The fee is for mastercard, what was the Visa fee?

I know... most don't. I can't explain it in any more.

Let me leave you with a graph.... then just email me if you want to get the lowdown:

http://www.judoporn.com/images/merchantchart.jpg

Then you need your own fraud screening, affiliate software, ect. Who can do that without big capitol? Many peeps are small biz and small biz should be embraced.

I can. And I am taking on partners.

Why don't you want to use Zombaio ? They are very good for small companies , paysites. :2 cents:

PayTechnique

visa at $500 and mc at $500 per adds up to $1k/yr in fees. for a smaller site that can hurt, but larger networks is a non-issue. Kind of a BS fee for Visa/MC though

the fee is because high fraud in adult.

" charging the $500 fee is a decision MasterCard has made to help it manage what it deems are high-risk sales."

- ccbill

I already have Zombaio and dont have any issues with them. Just looking to cascade.

It was a flat $500 fee for all payment options, when we requested removing mastercard we were told the fee would still be $500. Being an EU account there was no visa fee before. It was going to be for a small site second int eh cascade so it wouldn't of picked up much, so maybe it was judged that way

Adult transactions I get = rarely any fraud
Fraud charges my wifes online scrapbook store got - atleast 1 or 2 a week with 25% of the volume my adult transaction have

adult is soooo high risk tho

Not true at all. we process for thousands of merchants with their own merchant accounts and handle all processing, fraud scrubbing and customer service.

:1orglaugh:1orglaugh:1orglaugh

Agreed. It absolutely is a BS / BOGUS fee...yet, a cost of doing business....

You may be looking at a fee from anyone legitimately processing Visa/MC - but how much you pay for processing and all the support is the key. I would be happy to send you a quote for all costs involved if you're interested. Thanks! :thumbsup

Check sig, dude. Integrate mobile payment and subscription. Else you leave lots of $ on the table. :winkwink::winkwink:

Thanks for the info.

:1orglaugh:1orglaugh:1orglaugh:1orglaugh:1orglaugh :1orglaugh:1orglaugh:1orglaugh

3rd party - 3% form submissions with a bunch of stuttering billing reps and yo yo ratios

versus

merch account - 50% form submissions with no billing rep (middle man) and steady stable ratios

= No brainer

Questions

How does Zombaio stay in business paying the Visa/MC fees? There must be small clients that don't do enough transactions to recover the costs. Do they rely on big clients to offset that?

Nice graph

Thank you :thumbsup

The beauty of that graph is it is actually real, and the method to get there was using common sense, A MERCHANT ACCOUNT, etc.

Some peeps just don't get it.

Hi,

For new accounts that can show a current processing volume of the last 6 months of over 100 EUR/week processing, we can waive the 500 EUR registration fee for premium accounts. If you are looking for a new processor this may be a good option for you!

Regards,

Thomas
Verotel Merchant Support

thats 400 euro per month which is 533 USD per month in transactions.

for 29.95 membership thats like 17.7 sales/rebills
and
for 19.95 membership thats 26.7 sales / rebills , thats one sale a day

paysites model is pretty bad and for smaller paysites its worst than ever.

rather i would register llc in eu for getting visa for free and ditch MC :2 cents: