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Do you think the Humboldt buy out will effect adult merchants now?
EUREKA, CA - Humboldt Merchant Services LP, one of the primary financial processors serving the adult entertainment industry, on Sept. 17 was acquired by Moneris Solutions Inc. of Canada.
A subsidiary transaction acquirer, Moneris U.S., is based in Chicago, IL. Both companies are affiliated with Harris Bank, based in Canada. http://www.avn.com/performer/articles/32374.html |
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I use humboldt for lead billing but no adult they are good people.
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Quote:
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Moneris at 10%
Does that sound right for hard products?
Lately our fees have gone up to what amounts to 10% for transactions of hard products. This is for hard products, (DVDs), which dont fall under the $750 sign up cost as paysites, but fees seem to have almost doubled recently. |
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