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?

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

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.

go fuck yourself Carp

Stop bumping old threads.

Gas the carps, race war now.

if you're doing $10 a month, before new processors, you need to think about new content or more traffic :2 cents:

Sure thing Spunky

sorry, none of my business. carry on