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Old 03-12-2008   #1
2MuchMark
SigWhore
 
Join Date: Jan 2008
Location: Montreal, Canada
Posts: 281
Default Re: Shelleehale your site is screwed up in IE6

Quote:
Originally Posted by gonzo View Post
So cliff notes is... we scam an extra 5% on top of CCBill hold back and 17.5% processing fee.

Shit that doesnt leave much profit does it?

Guess that extra 5% is needed to "float".
No Gonzo, you are wrong again.

First CCBill charges us only 10.5%, not 17%.

Customers who have CCBill accounts are paid directly by ccbill, minus whatever per-transaction rate CCBill choses to charge them (usually its 14.5% I think). And as is industry standard, CCBill holds back 5%, and returns it 6 months later. Paycom, I think, has a 10% holdback but I'm not sure.

When 2Much pays out to its customers we also have a 5% holdback, and payout this 5% 6 months later. Again, industry standard.

I hope this clears it up for you.

Mark Prince
http://www.2Much.net
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