Comments on: Let Your Average Sale Determine “Your” Good Rate http://www.merchantaccountblog.com/556/let-your-average-sale-determine-your-good-rate Merchant Accounts, Ecommerce, Processing Equipment Tue, 09 Mar 2010 09:36:53 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: John's http://www.merchantaccountblog.com/556/let-your-average-sale-determine-your-good-rate/comment-page-1#comment-20555 John's Fri, 19 Jun 2009 13:12:59 +0000 http://www.merchantaccountblog.com/?p=556#comment-20555 This is so damn complicated. I searched for ages. I found a company that does flat rate Processing for merchant accounts. It's easier and I know my fixed cost. I consolidated my fixed costs to accept credit cards.... The one thing that the processors didn't tell me was that my flat rate guys did was that different cards cost different amounts to process. From my understanding(I'm no mathematician) the Flat Rate is directly proportional the the percentage of 3rd & 4th tier cards being used and inversely proportional to the average ticket. Nice Post. You guys know what you're talking about, you hit the nail on the head with those charts. if you google around you'll find the company, I don't want to post it here. in atlanta. This is so damn complicated. I searched for ages. I found a company that does flat rate Processing for merchant accounts. It’s easier and I know my fixed cost. I consolidated my fixed costs to accept credit cards…. The one thing that the processors didn’t tell me was that my flat rate guys did was that different cards cost different amounts to process. From my understanding(I’m no mathematician) the Flat Rate is directly proportional the the percentage of 3rd & 4th tier cards being used and inversely proportional to the average ticket.

Nice Post. You guys know what you’re talking about, you hit the nail on the head with those charts. if you google around you’ll find the company, I don’t want to post it here. in atlanta.

]]> By: jestep http://www.merchantaccountblog.com/556/let-your-average-sale-determine-your-good-rate/comment-page-1#comment-19555 jestep Tue, 13 Jan 2009 16:10:53 +0000 http://www.merchantaccountblog.com/?p=556#comment-19555 This is specifically speaking for the US market. Every processor has just about the exact same cost, so when you find ones that are substantially lower than everyone else (Ex; .5% vs 1.8%), they're going to make up their money somewhere else, or raise your rate after you get setup. Additionally, downgrades and other fees will make up a huge portion of a monthly bill. If you don't take these into consideration, or make them the primary consideration, it will end up costing a lot more. This is specifically speaking for the US market. Every processor has just about the exact same cost, so when you find ones that are substantially lower than everyone else (Ex; .5% vs 1.8%), they’re going to make up their money somewhere else, or raise your rate after you get setup. Additionally, downgrades and other fees will make up a huge portion of a monthly bill. If you don’t take these into consideration, or make them the primary consideration, it will end up costing a lot more.

]]> By: Gesunde Ernährung http://www.merchantaccountblog.com/556/let-your-average-sale-determine-your-good-rate/comment-page-1#comment-19554 Gesunde Ernährung Tue, 13 Jan 2009 16:03:30 +0000 http://www.merchantaccountblog.com/?p=556#comment-19554 How's that? Quote "shopping for the lowest advertised cost is a good way to get a bad deal". Hmmm I'm puzzled with this. Low best deals somehow is a good idea, but in this case, it's the reverse. How’s that? Quote “shopping for the lowest advertised cost is a good way to get a bad deal”. Hmmm I’m puzzled with this. Low best deals somehow is a good idea, but in this case, it’s the reverse.

]]>