Forum Moderators: buckworks

Message Too Old, No Replies

Lowest Internet Discount Rate Processor/Merchant Bank?

         

olimits7

10:02 pm on Nov 2, 2010 (gmt 0)

10+ Year Member



Hi,

Does anyone know who offers the lowest internet discount rates for an internet merchant account (i.e. NPC, FDMS, ECHO, NOVA, etc...)?

Or has anyone ever re-negotiated their internet discount rate with their processor/merchant bank?

I currently have an account with FDMS, but I'm wondering if I can get a lower internet discount rate from another processor, or if I should try to re-negotiate my discount rate with FDMS; if that's possible to do.

Thank you,

olimits7

ssgumby

2:11 am on Nov 3, 2010 (gmt 0)

10+ Year Member



We use FDMS and re-negotiate annually. The more our revenue increases, the more willing they are to cut us breaks.

olimits7

8:46 pm on Nov 3, 2010 (gmt 0)

10+ Year Member




My "processor" is also FDMS, and I recently talked to my "merchant bank" and they said they would be able to lower my discount rates with no questions asked; which is great!

However, I love how I had to contact them to find out they could lower my discount rates; way to look out for your customer's best interest...haha.

olimits7