My name is Ben Thomas, I help startups get started by offering extremely low rates on credit card processing. From start to finish we make sure you have everything you need in order to accept money for your business. My company also donates a percentage of our profits to the charity of YOUR choice.
you guys are all correct in some way. Your rate is not based on your credit, I dont know where people get this idea, you are either approved or you aren't. The agent chooses the rate he will charge you. The set up fee is a joke and should ALWAYS be free. I never charge a set up fee and I give my gateway fee at cost. I hate fees and I don't think people should pay them. If you think you are getting a good deal with PayPal you might want to look at other options. 3 percent is not good!!
My company deals with high risk accounts and start up companies, no bank will approve your application and if they do they will shut you down after a few weeks, mainly because most banks do not approve start ups. As long as you arent bankrupt I can get you started.
I wanted to get your opinion. I work for a merchant processing company and every time I tell someone that they literally look at me like I am the Devil. We started this company to get people away from that mentality, by giving some of our profits to the customers charity of choice. However, Do you guys think we are the Devil?