Quote:
Originally Posted by MetaMan
You run a high risk business. Wtf do you not get? Why do you think billers close shop? Explain to me why if you understand.
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Now now Mataman, let's remain ON POINT HERE:
Scott Zambaio was operating just fine - apparently - for many years with that 4.9% processing fee. Then - WHAMMO! - overnight (more or less) they bump it up. Why?
IF it were a Visa, MC or Merch Account issue then wouldn't those "issues" have arisen months or years ago? HOW was Scott Zambaio able to operate at 4.9% for SO LONG? then - WHAMMO! - things change seemingly overnight.
Dude, cc's and merch accounts and Visa et al do NOT work that way. And, if they DID, then this would be an even shakier biz than it already is. No Metaman, we're not discussing how merch accounts and Visa operate; we're discussing WHY Zambaio suddenly CHANGED seemingly overnight.
When companies do this they do so for only a handful of reasons:
Going out of business soon
Greed
Because they can.
I pick #1. You?