RE: looking for a good US merchant account/credit card processing deal

From: Michael David (michael@michaeldavid.com)
Date: Wed Aug 02 2000 - 00:38:56 EDT


I can highly recommend:

ASSOCIATED MERCHANT SERVICES
info@processusa.com <mailto:info@processusa.com> / http://ProcessUSA.com

Our deal was 2.2%, 25 cent processing fee, $8.50 monthly statement fee. App
fee was $199 (refundable if not approved). Most importantly, Richard was
very helpful, and walked us through the entire process. I definitely felt
like he was our advocate from beginning to end.

If you contact him, please mention that Michael David sent you. :-)

Cheers!

Michael David
michael@michaeldavid.com

-----Original Message-----
From: owner-bizops-list@opensrs.org [mailto:owner-bizops-list@opensrs.org]On
Behalf Of Steve Hsieh
Sent: Tuesday, August 01, 2000 4:43 PM
To: bizops-list@opensrs.org
Subject: looking for a good US merchant account/credit card processing deal

Hi,

Can anyone suggest a good merchant account/credit card processing gateway?
It seems that authorizenet is a pretty popular gateway on this list.

I saw one place that had a 2.15% discount rate + 30 cent fee (AVS included),
$20 monthly minimum and $10/month statement fee, but then they charge $495
as a one time fee for authorizenet "software" and a $15/month gateway fee.

Are there better deals than that? Any places that don't charge onetime
setup fees?

My concern right now is primarily regarding refund policies. It's still not
clear if it is possible to enforce a no-refund policy with any bank, or if
as a merchant, we are required to provide a refund within 30 days (i'm not
talking about chargebacks) no matter what our site says.

I don't need any kind of shopping card or stuff - I'm quite capable of
dealing with the realtime authorization coding myself.

Thanks for any leads.



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