Everyone else's Mastercard fees due tomorrow too? - GoFuckYourself.com

MakeMeGrrrrowl · 12-10-2015, 09:17 PM

Why my merchant guy decides to tell me TODAY that my high risk fees are due TOMORROW I have no clue. Thanks dude for giving me a heads up. 'Preciate ya!

Does everyone pay them at the same time or is it different for everyone?

NickBaer · 12-10-2015, 09:32 PM

The Merchant Processor might have the same renewal date for all, just to make it easier for him. I don't remember if I was quoted an "annual" fee based on Jan 1- Dec 31.

JasonCollins · 12-11-2015, 01:51 AM

We (Verotel) only charge annual fees for merchants with less than EUR 100/week in processing and in this case the fee is required from your anniversary date - one year later.

If you have volume greater than EUR 100/week in processing, we pay the fee on your behalf.

MiamiBoyz · 12-11-2015, 04:26 AM

Quote:

Originally Posted by JasonCollins

We (Verotel) only charge annual fees for merchants with less than EUR 100/week in processing and in this case the fee is required from your anniversary date - one year later.

If you have volume greater than EUR 100/week in processing, we pay the fee on your behalf.

Verotel is the BEST!

We have used them for our processing needs for over a decade! Payments arrive on time - every time. Simple as that.

Verotel is one of the few things in this crazy business that I NEVER have to worry about.

MikeAMS · 12-11-2015, 04:33 AM

Quote:

Originally Posted by MiamiBoyz

Verotel is the BEST!

We have used them for our processing needs for over a decade! Payments arrive on time - every time. Simple as that.

Verotel is one of the few things in this crazy business that I NEVER have to worry about.

Hope you will have a good weekend as well!!

Adraco · 12-11-2015, 05:27 AM

Usually you'd pay the fee when you start your account and then once per year, on the yearly anniversary of your account. This would of course be individual.

The only reason to charge all at the same time, would be if you did not pay full yearly fee when you first started and then only paid up till the set, yearly renewal date.

MakeMeGrrrrowl · 12-11-2015, 09:57 AM

Quote:

Originally Posted by Adraco

Usually you'd pay the fee when you start your account and then once per year, on the yearly anniversary of your account. This would of course be individual.

The only reason to charge all at the same time, would be if you did not pay full yearly fee when you first started and then only paid up till the set, yearly renewal date.

Ahh so I guess I pay at the same time every year. I don't keep track, he just tells me and it comes out. I have no idea when Visa is due, I guess in January.

Just nice he tells me the night before. Brat.

MakeMeGrrrrowl · 12-11-2015, 10:03 AM

Quote:

Originally Posted by JasonCollins

We (Verotel) only charge annual fees for merchants with less than EUR 100/week in processing and in this case the fee is required from your anniversary date - one year later.

If you have volume greater than EUR 100/week in processing, we pay the fee on your behalf.

You guys make payments weekly right? What are your percentages? I process between 35 and 40k a week.

I get deposits daily, so that would be an issue for me.

JasonCollins · 12-14-2015, 01:22 AM

Quote:

Originally Posted by MakeMeGrrrrowl

You guys make payments weekly right? What are your percentages? I process between 35 and 40k a week.

I get deposits daily, so that would be an issue for me.

We send payouts every Monday (weekly). With CardBilling, your rate would be an all-inclusive 5%. If you want a quote for Verotel, send me an email and I will make you an offer.

NickBaer · 12-14-2015, 10:17 AM

I've never gotten a straight answer about billing for hard goods (mail order DVDs) but I'll write again.

I get 5% because hard goods are not "risk".

Do European consumers have a preference in processors vs American consumers, Asian consumers?

MakeMeGrrrrowl · 12-14-2015, 10:33 AM

Quote:

Originally Posted by JasonCollins

We send payouts every Monday (weekly). With CardBilling, your rate would be an all-inclusive 5%. If you want a quote for Verotel, send me an email and I will make you an offer.

Hey Jason, these are my rates right now.

Your rates for Visa, M/C & Discover are: 4.14%, 4.45%, 5.07% and .20 cent transaction
fee. AMEX is 2.89% and .30 cent transaction fee.

I'd say I'm pretty good.

JasonCollins · 12-15-2015, 01:16 AM

Quote:

Originally Posted by MakeMeGrrrrowl

Hey Jason, these are my rates right now.

Your rates for Visa, M/C & Discover are: 4.14%, 4.45%, 5.07% and .20 cent transaction
fee. AMEX is 2.89% and .30 cent transaction fee.

I'd say I'm pretty good.

Just so I can give you an overview, what is your chargeback fee per chargeback?

Do you have any account maintenance (monthly) fees? What do you pay annually?

247mg · 12-15-2015, 01:23 AM

Its different dates for every one who use billing... We pay 1 year high risk registeration fee when we register for mastar card merchant

12-10-2015, 09:17 PM	#1
MakeMeGrrrrowl Grrrrrrrrr Industry Role: Join Date: Oct 2002 Location: Dreamland Posts: 4,974	Everyone else's Mastercard fees due tomorrow too? Why my merchant guy decides to tell me TODAY that my high risk fees are due TOMORROW I have no clue. Thanks dude for giving me a heads up. 'Preciate ya! Does everyone pay them at the same time or is it different for everyone?

12-10-2015, 09:32 PM	#2
NickBaer Nick Baer Industry Role: Join Date: Jun 2005 Location: In Europe. Using high speed Internet to update my studios. Posts: 1,353	The Merchant Processor might have the same renewal date for all, just to make it easier for him. I don't remember if I was quoted an "annual" fee based on Jan 1- Dec 31. __________________ Made my first porno in 1986. Sold my first VHS in 1993. Did my first live Cam in 1994. Coach-Karl.com NickBaerGallery.com I host with MojoHost.com and To Buy or Sell Sites Imagine AI Content

12-11-2015, 01:51 AM	#3
JasonCollins Confirmed User Industry Role: Join Date: Sep 2013 Location: Amsterdam Posts: 966	We (Verotel) only charge annual fees for merchants with less than EUR 100/week in processing and in this case the fee is required from your anniversary date - one year later. If you have volume greater than EUR 100/week in processing, we pay the fee on your behalf. __________________ Transparent, hassle free payments: DialXS.com Skype: jpc0480 \| Email: [email protected] \| Telegram: jpcams

12-11-2015, 05:27 AM	#6
Adraco Confirmed User Industry Role: Join Date: May 2009 Location: Onboard an airplane around the globe Posts: 3,734	Usually you'd pay the fee when you start your account and then once per year, on the yearly anniversary of your account. This would of course be individual. The only reason to charge all at the same time, would be if you did not pay full yearly fee when you first started and then only paid up till the set, yearly renewal date. __________________ ---------------------------------------------------------------------------------- The truth is not affected by the beliefs, or doubts, of the majority.

12-14-2015, 10:17 AM	#10
NickBaer Nick Baer Industry Role: Join Date: Jun 2005 Location: In Europe. Using high speed Internet to update my studios. Posts: 1,353	I've never gotten a straight answer about billing for hard goods (mail order DVDs) but I'll write again. I get 5% because hard goods are not "risk". Do European consumers have a preference in processors vs American consumers, Asian consumers? __________________ Made my first porno in 1986. Sold my first VHS in 1993. Did my first live Cam in 1994. Coach-Karl.com NickBaerGallery.com I host with MojoHost.com and To Buy or Sell Sites Imagine AI Content

12-15-2015, 01:23 AM	#13
247mg Yellowplum / 247mg Industry Role: Join Date: Feb 2008 Location: Nicosia, CY Posts: 2,161	Its different dates for every one who use billing... We pay 1 year high risk registeration fee when we register for mastar card merchant __________________ 247mg.com - Indian Affiliate Program - Over 50+ Sites To Promote - Monetize Your INDIAN Traffic Today!