Oprano Adult Industry Forums - View Single Post - Visa owes YOU money if you used them to process from 1993-2003

Hell Puppy · 08-27-2005

Yup, this might be a littl windfall for the processors, but unless you have your own merchant account, I doubt the site owners see any of it.

The typical PSP contract calls for a percentage fee that is based on volume plus holdbacks and any penalties. They are no more obligated to pass along savings to you they might incur from a better deal from their banks or MC/Visa than any other business would be if they cut a more favorable deal with their vendors.

If you expect otherwise, ask yourself this, were you planning on passing whatever you might have been refunded back along to your customers, the surfers?

08-27-2005	#8
Hell Puppy Fat Fucking Nobody Want to see your own Advertising Here! Join Date: Oct 2002 Posts: 6,523	Re: Visa owes YOU money if you used them to process from 1993-2003 Yup, this might be a littl windfall for the processors, but unless you have your own merchant account, I doubt the site owners see any of it. The typical PSP contract calls for a percentage fee that is based on volume plus holdbacks and any penalties. They are no more obligated to pass along savings to you they might incur from a better deal from their banks or MC/Visa than any other business would be if they cut a more favorable deal with their vendors. If you expect otherwise, ask yourself this, were you planning on passing whatever you might have been refunded back along to your customers, the surfers?