At 3:30 PM -0800 1/23/99, Suzanne Stephens wrote:
>Barry wrote:
>
>>I am interested to see that you got a client to sign up for such a service.
>>I think that 8% is very high.
>
>Keep in mind that the 8% is the *only* charge. There is no additional
>credit card processing fees or percentages and no merchant account is
>required. In comparison, Merchant Planet charges some $500 in setup fees to
>MerchantPlanet and Cybercash, then would charge monthly fees plus some 5.3%
>and .40 per transaction.
addendum - merchant accounts typically pay 2-3% per transaction to visa/mc
and up to 5% to mx (don't know about discover). PLUS there is a minimum
monthly charge for the service. and often a set up charge as well.
for a low volume e-commerce site, the 8% sounds pretty reasonable. not for
high volume, tho, where the monthly charge becomes a "wash" -- and at that
point, you change contracts -- or renegotiate.
i'd find the 8% reasonable for speakers, etc. who want to offer their
materials online - but don't have any idea what kind of volume they will
generate.
kathy
-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=
Kathy E. Gill, http://www.dotparagon.com/R65/
WWW design � writing � training - http://www.dotparagon.com/
Mac Advocacy - http://www.halcyon.com/kegill/mac/
Sometimes I wonder if men and women really suit each other. Perhaps they
should live next door and just visit now and then.
--- Katharine Hepburn
____________________________________________________________________
--------------------------------------------------------------------
Join The NEW Web Consultants Association FORUMS and CHAT:
Register Today at: http://just4u.com/forums/
Web Consultants Web Site : http://just4u.com/webconsultants
Give the Gift of Life This Year...
Just4U Stop Smoking Support forum - helping smokers for
over three years-tell a friend: http://just4u.com/forums/
To get 500 Banner Ads for FREE
go to http://www.linkbuddies.com/start.go?id1261
---------------------------------------------------------------------
