>As for merchant services, we have a very nice system in place through our >local bank. We're quite happy with it and we're getting very good rates.
Good for you Remember, credit card rates are all based upon fraud & risk (e.g., a swiped card has a lower transaction rate than a phone order / keyed card) -- that said, there are specific rate structures that were implemented about 4-5 years ago to account for the fact that ISP/Telco/CableCos bill the same people every month and that they have extremely low chargebacks Your bank (and I'd say 99% of the credit card industry) doesn't differentiate between this and I can say with 100% certainty that you're being labeled as an Internet/Ecommerce provider. Additionally, to take advantage of this rate structure, Visa/MC require the implementation of enhanced data requirements; this can only occur with direct integration into a billing platform (e.g., need to get rid of the gateway) We've engaged over 300 service providers since the summer, and in EVERY SCENARIO, we have been able to properly reclassify them to take advantage of the recurring ISP/Telco/Cableco rates and reduce their payment processing fees by 10-40% -Charles This message is intended only for the use of the individual or entity to which it is addressed and may contain information that is privileged, confidential and exempt from disclosure under applicable law. If the reader of this message is not the intended recipient, or the employee or agent responsible for delivery of the message to the intended recipient, you are hereby notified that any dissemination, distribution or copying of this communication is strictly prohibited. If you have received this communication in error, please notify us immediately by telephone at 630-344-1586. -------------------------------------------------------------------------------- WISPA Wants You! Join today! http://signup.wispa.org/ -------------------------------------------------------------------------------- WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/
