Looking for Merchant for an patreon / onlyfans type site
 

Hello I need a merchant,
looking for 3.9% USD no hold.

Cbs will be extremly low,
again its patreon like
its not high risk.

Cheers

no one will give you that rate because its high risk if its in this industry. try Stripe or Paypal if you think its not. they'll let you know.

every biller is dragging their feet right now. approvals and onboarding takes weeks/months. i dont know what's going on, but its having an affect on new site launches.

good luck :helpme

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I noticed this too... It's very odd.

I just had one finished that took more than a month and as of now it still does not have Mastercard enabled.

It really seems that no one is sure what is going on.

I see, thanks guys I guess I will keep looking,
paying 80% to content creators plus the streaming costs
wont leave much on the table if they hold on top of the fees
but I know its industry standard to hold that 5%

Cheers

i know the feeling. we make zero profit on https://fetishmodelnetwork.com/ and our processing fees are single digit. OF lost money before they made money - is the story the partners keep telling me :1orglaugh

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Worrying about your biller fees so you can run a profitable 80%+ model network is the wrong perspective. You really can't make money off credit card holding members without trying to margin 4% off creators?

Its doable to find a low fees merchant , especially if you show low cb rates
thats what they care about most, and of course I want to start with a bigger profit margin then lower, every dollar matters mate :thumbsup :2 cents:

The standard, and I wouldn't exactly call it that, is a 10% rolling reserve during the first 6 months of processing. In many cases, the dollar figure can be capped if CBs are low and there are no other issues.

Someone said onboarding is slow, and that's not true if the applicant has all their ducks in a row and their KYC is solid.

I'm boarding new merchants all the time, so I am talking from first hand experience. Thanks.