Quote:
Originally posted by Serge_Oprano@May 21 2003, 11:02 AM
hmmm...come think of it,
I understnad the people's complains.
Site owners are charged PROCESSING fee which should be standing for something...seems like Jettis wants to have the cake and eat it too...
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Serge,
Processing fee covers - Visa/MC charges, bank charges, customer service charges, fraud scrubbing charges, etc, etc.
Again, if you had your own merchant account you would still need to pay these fees and you would still be resonsible for your own fines. What's the difference?
With your logic, why doesn't the bank pay the fines? They charge processing fees too us? The answer is simple. The fees we charge and the fees the bank charges are VERY small compared to these fines.
It's a mathimatical impossibility that any processor can absorb fines over the long run. The margins are simply not there...unless they decide to stay in business to lose money. Make sense now?