http://smallbusinessmerchantaccounts.org/do-nochex-really-offer-no-monthly-fee-merchant-accounts.htm Fri, 12 Mar 2010 04:51:50 +0000 http://wordpress.org/?v=2.7.1 hourly 1 http://smallbusinessmerchantaccounts.org/do-nochex-really-offer-no-monthly-fee-merchant-accounts.htm/comment-page-1#comment-463 mss Tue, 07 Jul 2009 09:17:56 +0000 http://smallbusinessmerchantaccounts.org/do-nochex-really-offer-no-monthly-fee-merchant-accounts.htm#comment-463 Well, they do provide a no-monthly fee merchant account. But you need to put that into a context. The monthly fee is just one of the many that comprise the total processing cost. Looking at their rates, I think that they have very well offset the lack of a monthly fee with their very high (PayPal high) processing rates. They say that their rates "start" at 2.9% plus 20p per transaction. I have no idea what that means, as they provide no explanation on what the rates are contingent upon. They also have a £50 set up fee and that is pretty big, especially considering that most procesing companies no longer charge such a fee. Well, they do provide a no-monthly fee merchant account. But you need to put that into a context. The monthly fee is just one of the many that comprise the total processing cost. Looking at their rates, I think that they have very well offset the lack of a monthly fee with their very high (PayPal high) processing rates. They say that their rates "start" at 2.9% plus 20p per transaction. I have no idea what that means, as they provide no explanation on what the rates are contingent upon. They also have a £50 set up fee and that is pretty big, especially considering that most procesing companies no longer charge such a fee.

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