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visa fee cleared up!
Well not yet. Keep reading.
After 3 years now processing cc's with ccbill I still do not understand why I need to pay a visa fee again if I go with a secondary processor. Does visa not recognize my company ein number and that the fee was paid already? 3 years ago this is how I understood it and explained to me. Appreciate any technical responses reworded in lamens terms. |
I'm also finna get a secondary processor. My eye is on segpay...
What secondary processor youi going with that's charging an extra visa fee? |
Supposedly the "VISA fee" doesn't go to VISA to begin with. So that would basically answer your question. It goes to the IPSP.
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Zamboi claims to not have it at all but I went through the signup process and remember differently. |
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Visa does recognize your ein number and is counting all the money you are paying. Our most recent market research have shown that after your fourth fee, you may get a birth date card from them. |
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Just want to understand where my money goes. |
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I could be totally wrong, but this is what I have reasoned in my mind based on tidbits of information I have read over the past 6 or 7 years when all this shit started. |
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From recollection when I was initiating a new processor the reason explained to me is that the site(s) had to be rechecked again because a new processor.
If that is the reason, why do I not pay a 750 dollar fee each time a new site is added? Doesn't visa have to check each site? |
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That's why I'm sure it doesn't go to VISA. |
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I process over 100k and below 1 mil, is there a serious button? I seriously do not want to piss money... Can that happen? |
I wipe my ass with the visa fee.
How many years as a small time punk have you worried about the visa fee? |
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I guess what makes the most sense is BV's reason.
The processor pays visa something and we are just under there umbrella. So say 1000 site owners are paying 750 +/- the first year and now 500 +/- every year after. That is well over 1 mil a year in a fee (per processor) imposed supposedly by visa. Seems like a lot with these "hypothetical" numbers. Someone in the know not working for a processor surely must have the answer to this question. |
You will get no real answers because you are not ready yet... In due time you will receive the knowledge you crave!
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It makes Visa money. Why is it is so hard to believe that they charge a fee to make more money ? |
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So either my company is recognized by visa for paying the fee or it is not. If the later, then it is grouped under the processor who is collecting it. Either way, I want to know where my money goes because every processor states it is a visa fee and I, quite frankly, don't think it is. |
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If you create more work by creating 2 accounts, why shouldn't you pay twice ? |
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Second, your 'recollection' would be incorrect. :2 cents: |
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