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Well... yes and no. It's great to see more payment options. But segregated merchant accounts are there for a reason, pretty much every company that is in the pa
by 0x12 15y ago
Well... yes and no. It's great to see more payment options. But segregated merchant accounts are there for a reason, pretty much every company that is in the payment processing world that does not use segregated merchant accounts sooner or later goes bust. See DMR and ibill for some nice examples of what happens when you multiplex a merchant account across more than one customer.
By making sure everybody has their own merchant account you may not make as much money on the transactions but you stay in business long term. And if there is one thing that really sucks it is to have to start all over again because your payment processor goes under, taking all your customers with it.
Stuff like that can kill you. If your transaction volume is serious enough to warrant your own merchant account then you should probably get one.