On 5/10/06, Fred Cole <[EMAIL PROTECTED]> wrote:
I am looking for a billing processor that can handle micro billing. By micro billing i mean the ability to charge someone's credit card for $.50 or $.90 along with a small fee. Aggregated billing accounts will not suffice.
Most any payment provider will let you process amounts under $1.00. The minimum amount is usually decided by the card association, not the
payment gateway. However, depending on your business model what you want to do might not be viable. Best case you are probably looking at total (merchant account + payment provider) per transaction fees of around $.35 and a discount rate of at least 2%, probably closer to 2.5%. Per transaction fees are usually negotiable to a certain extent if you have high volumes (10,000 per month or so), while discount rates are usually not negotiable until you are processing in the millions per month. Chris _______________________________________________ --Bandwidth and Colocation provided by Easynews.com -- asterisk-biz mailing list To UNSUBSCRIBE or update options visit: http://lists.digium.com/mailman/listinfo/asterisk-biz
