Bank Of America Internet Merchant Account

I was thinking about Bank of America

http://www.bankofamerica.com/small_busin ess/merchant_card_processing/index.cfm?t emplate=internet_e_commerce

What do u think. Is 2.12% a good price?
Any other idea?
I need this to sell software online.

Yes, 2.12% per transaction is absolutely great, if you can get it, which I don't believe will happen. Keep in mind that this is just one of many rates and also, Bank of America will only give it if your volume is high enough. Let me give you a breakdown of all rates to help you get a better idea of eCommerce merchant account charges.

1. Discount rate - as I said 2.12% is unbelievable, if fact too good to be true. In any case, you should not agree to anything higher than 2.19%.
2. Transaction fee - Bank of America does not list theirs, but it will charge it! You should not agree to anything higher than $0.25.
3. Authorization fee - another "per-transaction" fee. Bank of America charges $0.30, which is way too much. You should not pay more than $0.10.
4. Set up fee - a one-time fee and Bank of America charges $150. You should NOT pay ANY set up or application fees!
5. Monthly maintenance fee - as the name suggests, it is charged monthly and Bank of America charges $19.95. You should not be paying more than $10.
6. Support fee - another monthly fee and Bank of America charges $11.95. You should NOT pay ANY such fees.
7. They have not listed a gateway fee, which means either that they don't offer a payment gateway and you need to find it elsewhere or that you will find out the price later. In any case, you should not be paying any set up fees for a gateway and the monthly fee should not be higher than $10.

As you can see, there are many rates to consider and BofA's don't look so good. I would recommend that you request proposals from several providers, including BofA, and compare ALL rates.

Also, neither PayPal nor Google Checkout have the flexibility that a merchant account does and it's well known that PayPal has a habit of freezing accounts all too often.

Below are a couple of links, one of them to BofA's pricing page, the other - to a specialized provider's eCommerce page.

2008-05-15 01:30:39 by Alex Sotir

www.c4aba.info Are your credit card processing fees what your salesmen said they would be? My free lessons will help you spot what those rates are ...

ASD Cash Generator is a "profit/revenue- share" type internet advertising company that allows you to generate money by viewing websites. I'm using ASD to advertise 5 of my sites and have received real traffic and leads from it.

Each day a paid member views ads, they get a share in the profits of the company paid directly to their accounts until the member pockets 25% more than they spent. At the time of this writing, their current daily interest rate has been averaging about 0.50% - 2% per day, and is primarily based on the total the number of ad package sales for the previous day. The daily rebate rate will vary and is not fixed.

All you have to do is view 24 web sites each day for 15 seconds each to receive your daily rebate that equals to about 6 minutes.

Who's running the show?

The company was founded over a year ago by CEO, Andy Bowdoin. In doing my due diligence and searching over 9 pages of information on Google on him (all positive), I found that he has quite an extraordinary reputation, not only as a career Advertising man, but as a man of exceptional integrity.

He has over 40 years experience in sales and marketing, and has had success in everything he's done. He started his sales career working with the Dale Carnegie Courses in the early sixties and later worked with the Napoleon Hill Leadership Program. Andy has trained thousands of sales people during his career and started several companies.

He expanded a 60-minute dry cleaning franchise throughout the Southeast and Midwest. He developed a company that sold wireless communication franchises throughout the U.S. and then started a company to market credit card processing for merchants.

In 1999, Andy did research and discovered a need for GPS Tracking for fleet vehicles and GPS Tech was created. In 2006, Andy again saw a new opportunity - the need for a new way to deliver advertising to the masses and Ad Surf Daily, Inc. was born.

He modified his marketing strategies for the internet and attracted over 5,000 members in 120 days and sold over $1,200,000 in services. He now teaches his ASD members his strategies to help them build their internet businesses.

ASD has a physical office located in Quincy Florida, a state of the art online support ticketing system and real telephone support where customer service reps handle all support questions or inquiries.

One of the big perks with this program is they have an account with Bank of America where you can make direct deposits. They withstood a rigorous Verification Process (common sense will tell you Bank of America doesn't do business with scams).

* Sustainable Payout Structure, NO guarantee of earnings in a set time.
* Daily Payouts fluctuate with daily sales - true Profit Sharing, NOT a Ponzi.
* Daily sales posted each day with your exact payout percentage.
* Zero Cost Membership.
* Structured like a REAL business with CEO, Executive Officers, Chief Administrator
* Full information on CEO, not some 'anonymous' admin

How is the company revenue distributed?

The ASD Cash Generator business plan pays 50% of all daily ad buys back to the advertisers, 15% in referral commissions (on two levels) and 25% for expenses and corporate profits.

By never paying out more than they take in, ASD will never encounter the cash-flow problems that have plagued other paid-to-surf programs. You'll receive a variable percentage daily of that 50% revenue, for surfing 24 sites daily, until you reach 125% of your ad purchase (25% profit), and then you'll re-cycle.

Members in the US are sent 1099s for any net profits (not advertising purchases) earned each year from ASD, but you can write off anything you purchase in advertising packages, and in turn, save money on your taxes!

Note: ASD Cash Generator is actually the 3rd get-paid-to-surf type program Andy has created. The first two programs were discontinued last year due to programming script problems. All the previous members had their balances transferred over to the new restructured ASD Cash Generator program or were refunded. ASD Cash Generator launched in July 2007.

Speak Spanish?

ASD also has a Spanish version of the English ASD website for those wishing to either view Spanish-based websites or know people who would like to earn money surfing a Spanish site. It's set to be available for surfing and advertising in the beginning of February.

No sponsoring or recruiting is required, but for those that wish to refer others to ASD, they have a referral program that pays up to a 10% commission from the ad credits purchased that you personally refer, and up to a 5% commission from the ad credits of those referred by your direct referrals for a total of 15% total referral commission paid on 2 levels.

What's the maximum number of Ad Packages I can purchase?

Twelve thousand (12000). Ad Packages are $1.00 each, so the maximum you can own at any one time is $12,000 USD. ASD requires that you have a product, service, program or opportunity that includes a web site to advertise in order to be an advertiser.

Note: If you don't have a website to advertise, you can contact me for one to use.

3 Membership Levels: (Optional monthly subscription)

You can join ASD for FREE to advertise your site, or you can upgrade and advertise your business and earn cash-back rebates at the same time. The free membership will always be there and advertisers can get FREE advertising by viewing other web sites on the ASD Cash Generator Web Site.

An advertiser can pay a monthly membership fee and reduce cash out fees, increase referral commissions and decrease the number of sites to view on a daily basis. The amount of your monthly membership fee determines the number of times you can cash out each week, the amount of your referral commissions and the number of sites you must view each day to receive your rebates.

Monthly Memberships:

* $10 per mo. fee = Cashout on Mondays Only and 5% referral commission for 1st level and 3% on 2nd level,
* $25 per mo. fee = Cashout on Mondays, Wednesdays & Fridays and 7% referral commission for 1st level and 4% on 2nd level,
* $100 per mo. fee = Exec. VIP Plan, Cashout DAILY and 10% referral commission on 1st level and 5% on 2nd level.

Special Promotion through Tuesday, January 22, 2008.

If you purchase $500 - $999 in Ad Package purchases, you'll receive 3 month Exec. VIP membership level upgrade. For $1,000- $1,999 in Ad Package purchases, you'll receive 6 months Exec. VIP membership level, and for $2000 or more in Ad Package purchases, you'll receive 1 year Exec. VIP membership level upgrade.

Do I have to pay a membership fee?

No. If you just want to be a passive member in ASD and receive cash back rebates from your ad purchases, you don't need to pay a monthly membership fee. It's primarily for people who choose to refer other advertisers or want to increase the frequency that they can withdraw their profits. If you don't pay a membership fee and you decide to refer others (optional), you'll be paid a 3% referral commission on all of your personal referrals only.

What payment processors are available?

Currently Alert Pay, Solid Trust Pay ,direct deposit into Bank of America account, cashier checks and mail in money order. Soon to come will be an International Debit card

What happens if I'm unable to view and rate websites on any given day?

If you miss a day and you're unable to view and rate ads (for any reason) you don't lose anything, it just freezes and extends the time line until you come back.

Personal opinion: From everything I've researched, Andy Bowdoin is a man of integrity who does what he says he's going to do. He has a rock-solid business plan and experience based on verifiable and publicly available information. Everything is very transparent.

His business model is a win win for everyone and very lucrative for both passive and active members. Advertisers who simply want to be sure their website get seen, get exactly what they pay for.

Entrepreneurs who want a passive way of growing their money, get the ability of doing so for simply viewing ads daily. They get quality prospects visiting their websites which will ultimately turn into sign ups, sales, or more business partners.

You can get a 25% bonus on your advertising dollars spent for simply investing 10 minutes per day to view others sites. So if you purchase $1,000 in advertising from ASD, you'll get paid daily until you receive $1,250 back. It doesn't matter if you purchase an ad for $10 or $500... if you do nothing else but view ads, the results are the same and you'll eventually earn 125% of what you spend (25% net profit).

If you look at their Alexa traffic ranking in the chart below, you'll see that there's tremendous momentum with this program right now.

Here's how to sign up:

1. Click on this link: http://www.asdcashgenerator.com/?ref=204 70, read the FAQ and Terms & Conditions, etc., then click on the link right under the top banner that says "Sign-up." To become an Upgraded (paid) advertiser, first click on Signup on the Home Page and become a Free Member.

2. When you join as a free member, you'll be sent a welcome email. Some email carriers such as AOL, Bellsouth, Yahoo and others will treat our emails as spam. Check your Spam folder to see if it ended up there. If you didn't get the email you may want to go to Google and get a free gmail account, otherwise you won't be getting any emails from ASD because they'll be blocked.

3. After you sign up, log in to your back office on the bottom left of the Home Page. Click Login and that will take you to your Account Overview Page. Look to the right of Account Level and you will see (upgrade level) in blue. Click on upgrade level and it'll take you to your Upgrade Account Page. Select your payment processor and insert the dollar amount of ad packages you want to purchase. Ad packages are $1.00 each. If you want $100 of ad packages put 100 in the window. Click upgrade. Your purchase should show up on your Account Overview Page to the right of Current Upgrade Purchase. You can pay by credit card by calling the home office at 850-627-2206.

4. Once your account is funded and you've purchased your ad packages, click on the START SURFING link on the left hand side and do your viewing each day

I am apart of this program,and I love it. WHY? because I have made 30 times what I invested. Everything they promised has happened. The only people who call this a scam,do so while advertising there scam! Anyways decide for yourself,you've done the homework. Oh,and the customer service is top of the line,I've gotten ANDY on the phone within 24 hours,personally!! Do what you want, I am not going to miss this bus,because I personally believe everyone that has this opportunity and passes will regret it one day.Oh and be sure to wait for a promotion before you enter,like a 100% match!!!
you can reach me at buss362002@yahoo.com if yiu wanna continue this Q AND A further. DONT MISS THIS BUS!

2008-06-19 23:14:30 by asdcashman

I got he email below. I had my resume posted on Careerbuilder.com. I checkout out the website and did google street view and the building in the address matches the building on the website. I am pretty sure this is a scam, but one their site said they use Citrix system, which is a secure remote in utility so i could see how this could be possible. Please let me know what you think.


Dear
I am glad that you are interested! Here is the detailed information about this vacancy

OUR COMPANY

Capital Management Services is a dynamic e-business development company, widely recognized for its professionalism and track record of success. Capital Management Services is committed to delivering the latest technologies that enrich people's lives with our leading-edge iCommerce platform for wireless and ISP carriers. The company's patented technology enables all types of online payment and supports multiple access channels, transaction models, networks and devices.

Capital Management Services iCOMMERCE

iCommerce platform enables the rapid and efficient introduction of new merchants, distributors, services and products, instantly bringing interactive commerce services to the entire subscriber base. It also lowers operational costs by leveraging existing investments in infrastructure, while providing the operator with an advanced, unified, comprehensive and business-driven infrastructure capable of delivering all existing and future payments, promotions and electronic recharging services.

In general, iCommerce platform represents very flexible Internet payment system that accepts almost every icurrency and transaction method. iCommerce allows customers and users to perform any kind of transfer from one exchange system to another in no time. This system enables our customers to broaden the variety of accepted payment methods, to reduce the transaction time and to make the whole payment operation highly secured. For example, iCommerce allows performing a direct exchange from Western Union to bank account. Money can now be sent from one system to another in no time. Also iCommerce lets customers to provide the person-to-business transfers for every user, when other systems provide the person to person transfers only.

CUSTOMER SERVICE MANAGER position

Capital Management Services is located in United States and needs customer service representatives worldwide. Today our United States customers require specialists to manage iCommerce platform to assist users. So customer service manager will be an official employee of one of the telecom operator that we serve. Today our company serves 4 large telecom operators in United States (America Movil, Vodafone, Verizon Communications, Worldcom). Capital Management Services will provide the 10 days training course that would be sufficient to start working in one of these companies. We guarantee this immediate employability after the training period.

Responsibilities will be to provide assistance with iCommerce platform to current telecom operator. Customer service manager's accountability will be to instruct users, to provide the current statuses of their operations in the system and to be ready to answer on any general question about iCommerce. Candidate will get all necessary knowledge and experience during the training. No previous experience with iCommerce or alternative systems is required.

EMPLOYMENT

Before start to work, company will provide free training course to cover all aspects of the iCommerce platform operation and maximization. You don't need any special education in iCommerce services or finances, company will provide you all information.
This course is to be done distantly. This means that you will be studying from your own home with internet access. During the training you will be paid by Capital Management Services directly to your bank account. The training period wage is 498 weekly and 99.4 daily. NO MONEY NEEDED FOR JOB / TRAINING COURSES OR ANYTHING. COMPANY PAYS FOR ALL.

After you finish the training course successfully, you become a company employer and will get a certified Capital Management Services specialist. And you start working in one of the United States telecome companies that our organization serves in Part Time or Full Time position. You will work from home or from local office location (not more than 5-7 miles close to your house). You will have access to company database and all documents for work. Company pays for all cell phone calls, internet access and any fees and taxes. First guaranteed wage is 1,750 monthly for the part time and 3,900 for the full time. In Part Time position work 2-3 hours during the day (any hours) / In Full Time work 5 hours from morning time or evening time.

greg, if you have any questions, then ask me freely. I will be glad to clarify at any time. If you are interested to start free training course, please let me know as soon as possible. I will send you Job Application Fo
The fact that my name isn't capitalized says almost enough for me... I think its a scam, but curious what you think
That's what I was thinking, I was looking online about the company.. I have no interest in being a debt collector, I have a good job now, but figured a part time position would help out... I am not sure what to think. The company itself appears legit, whether this is though I am not sure
http://investing.businessweek.com/resear ch/stocks/private/snapshot.asp?privcapId =30685962

Company Overview

Capital Management Services L.P. operates as a receivables management company in the United States. The company provides delinquent receivables collection and data management services. It manages portfolios in various stages of delinquency, including first-party, pre-charge off, primary, mid-primary, secondary, tertiary, quaternary, and quints, as well as manages record-setting results in bankcards, retail charge cards, signature and personal cards, lines of credit, bankruptcy dismissals, purchased debt referrals, overdraft checking, auto loans and deficiencies, and telecommunication delinquencies. Capital Management Services L.P. was incorporated in 2004 and is based in Buffalo, New York.

From my experience on careerbuilder and even monster, employers that outright contact you like that are a big scam. Don't trust it!
Jobs just dont fall into our laps!

2009-06-09 11:29:45 by Fox