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PhillipB

10-17-2008 03:06 PM

Overseas merchant providers, question...

Are overseas high-risk merchant accounts exempt from annual V/MC registration fees? Some people say yes, some people say no...

Thanks in advance.

Cory W

10-17-2008 03:31 PM

No.........

The Duck

10-17-2008 03:34 PM

Sounds unlikely.

PaygeaGrl

10-17-2008 03:54 PM

no. If I am not mistaken, it's $1500 for the initial reg and then $1,000 each year. I need to double check. I will get back to you.

GrouchyAdmin

10-17-2008 03:58 PM

Quote:

Originally Posted by PaygeaGrl (Post 14915840)

no. If I am not mistaken, it's $1500 for the initial reg and then $1,000 each year. I need to double check. I will get back to you.

Hi Patricia. I've been unable to get in contact with Jasper.. please contact me; I don't know your extension, and the directory has nothing for "Bra". No, really. :1orglaugh

Kimmykim

10-17-2008 04:00 PM

It comes out of your settlement (or at least thats the way that we do it), so you're not paying up front for it.

PaygeaGrl

10-17-2008 04:07 PM

Quote:

Originally Posted by GrouchyAdmin (Post 14915852)

Hi Patricia. I've been unable to get in contact with Jasper.. please contact me; I don't know your extension, and the directory has nothing for "Bra". No, really. :1orglaugh

Funny Grouch:)

I just replied to your email. I will have the wire info on Sunday when the bank opens.

Have a good weekend.

PaygeaGrl

10-17-2008 04:07 PM

Quote:

Originally Posted by Kimmykim (Post 14915855)

It comes out of your settlement (or at least thats the way that we do it), so you're not paying up front for it.

Just confirmed the info. We do the same thing. The fee is taken from your settlements.

GrouchyAdmin

10-17-2008 04:34 PM

Quote:

Originally Posted by PaygeaGrl (Post 14915874)

Funny Grouch:)
Have a good weekend.

Really! I hit "#", then Typed the code for your last name... "BRA"; The Gay Ape doesn't know who you are. :(

Thanks, Patricia!

PaygeaGrl

10-17-2008 04:45 PM

Quote:

Originally Posted by GrouchyAdmin (Post 14915979)

Really! I hit "#", then Typed the code for your last name... "BRA"; The Gay Ape doesn't know who you are. :(

Thanks, Patricia!

Better get that fixed. Thanks for the heads up.

I think I might just have them add Gay Ape to the directory:-)

BTW, Marty saw that in a email and was like " What is GAY APE". Who's GAY?"...too funny.

sperbonzo

10-17-2008 10:17 PM

Quote:

Originally Posted by APN Philip (Post 14915648)

Are overseas high-risk merchant accounts exempt from annual V/MC registration fees? Some people say yes, some people say no...

Thanks in advance.

In most cases, you are exempt from those fees, it can occasionally still apply, depending on the acquiring banks license.

Hit me up when you get a chance Philip, long time no speak!

:)

PhillipB

10-17-2008 11:09 PM

Quote:

Originally Posted by sperbonzo (Post 14916838)

In most cases, you are exempt from those fees, it can occasionally still apply, depending on the acquiring banks license.

Hit me up when you get a chance Philip, long time no speak!

:)

Hi Michael, it has been a while! Seems like there are some conflicting opinions on the matter. I will hit you up this weekend.

Kimmykim

10-17-2008 11:36 PM

Quote:

Originally Posted by APN Philip (Post 14916905)

Hi Michael, it has been a while! Seems like there are some conflicting opinions on the matter. I will hit you up this weekend.

I'd be curious to hear his rationale :)

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