Quote:
Originally Posted by beaner
Thanks for the signup page link  Always nice to see other signup pages. |
My pleasure. I wanted other webmasters to see that we do have clients and that we are legit. But non-disclosure agreement limits me to showing you who are our clients unless if they agree to be used as examples.
Quote:
Originally Posted by beaner
Regarding 2 and 3 above, why is that? Why does money, from the bank, go into a merchant account (I assume this is an admin area within SentryPayments), then get held, then go into bank account of the owner?
Shouldn't it just go direct from processing bank to owners personal/business bank? It sounds like you are simply acting like an IPSP now that is somehow allowed to host the join forms on the sites itself.
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My bad, I must've confused on this one. Let me try to clarify this for both of us, it does go through processing bank, like you said (where you have your own merchant account - which we get for you at a cheaper rate than if you'd go directly to them) and then they settle in owners personal/business bank.
As for the 2nd part of your post. We do, sort of act like IPSPs - we provide you with our payment gateway software and hook you up with your
own merchant account at one of our partnered banks (we work with many around the world). So you're in complete control of your merchant account
- no late payments, no delays, no screwing around with your money...since it's in their own (bank's) best interest to please you so you stay with them.
That is the only service (merchant account) they (banks) provide you with, so they better do the best job they can, and we're providing you with payment gateway, processing credit cards for you...so we better do the best we can.
There's definitely many advantages to getting Payment Gateway + Merchant Account combo than using one-stop-shops, and this is one of them
