Hi everybody,

After MONTHS in development Acenet Enterprises (Pvt) Ltd is proud to announce the soft-launch of HostCharge.

http://www.hostcharge.com

What is HostCharge?

HostCharge is the ultimate web host credit card processing solution. You will completely forget ANY CREDIT CARD PROCESSOR which you may have used before once you start using HostCharge!

We dont offer an insane discount rate, its simple really, our discount rate is 4% and 75 cents, lowered on volume! The setup cost is $49.99 only! The cost of wiring funds from your account is $15 per wire.

HostCharge works JUST LIKE a real merchant account! You get to enter all transactions manually into the MCC (merchant control center). The benefits are numerous, you can bill clients for overages, almost anything you can think of! Unlike other solutions where you cant do that ;)

If you earn more than $100 a month then there is a nominal $10 statement deduction.

Other costs

Chargebacks cost $15 per chargeback. If you get a lot of chargebacks then we suggest you get chargeback insurance for $199.99 a year. That reduces the prices of chargebacks to $5 only!! We also absorb certain chargebacks if you have a good history with us.

Whats the big deal?

HostCharge is truely a unique solution, it has been designed FOR WEB HOSTING companies! If you sell products *related* to hosting such as webdesign then you can still use HC.


The special deal

As a soft-launch special, we are approving ALL OF OUR applicants for an HC account. We usually would verify all the businesses but as a WHT soft-launch special, all applications are approved and the first month's statement fee is waived!

Interested?

I know MOST of you are interested in this ;)
If so please contact me directly at asher@acenet-enterprises.net. I'm also available on AIM: KyoSakazaki or ICQ: 77893537. You can also give me a ring at +92 (300) 2143022. Or you can simply ask your question right here!

Looking forward to hearing from all you web hosts and hosting related firms ;)

Best regards,
Asher.

I don't think that special deal section is a very good one.. saying you will approve anyone and not checking them out kinda comes across like you want some quick business and not integrity within your business

Originally posted by NicoV
I don't think that special deal section is a very good one.. saying you will approve anyone and not checking them out kinda comes across like you want some quick business and not integrity within your business

No that is indeed not the case, we already have a lot of merchants :D They're transfers from our old billing system powerpay/adebill

- Asher.

Web site is down. Having probs?

Three questions people might be interested to know:

1) How it is different from Revecom/2Checkout/etc?

2) Is it better than a real merchant account? Why pick your service over, say, Authorize.Net?

3) You say it's like a real merchant account. Does the hosting company have their name put onto customer credit statements?

I'm very interested!

2 Questions.

1. I got the impression that we can enter the transactions ourselves? I get credit card info from customer, and I enter them into the MCC? (I thought it was not legal to do that, unless you had a full fledge merchant account.)

2. What name will appear on the customer's credit card bill?

Answer 1. The uptime monitor shows no downtime, but ill check it out anyway, can you please tell me where did you connect from? (usa? canada?)

Answer 2.
1. We offer a competetive discount rate which we lower on volume. We allow you to have your own order form which makes YOU look more professional. We dont require you to plaster our logos or name over your website. Its an anonymous service made to make you look professional :)

2. Its equally good as a merchant account, i wouldnt compare it to authorizenet because the custom billing descriptor you get with a 'real' merchant account simply doesnt exist. however we can lower our discount rate to as low as 1.95% which is better than a merchant account :)

3. No this is not a 'real' merchant account its a thirdparty billing system like revecom but it behaves more like a real merchant account. Your name doesnt appear on the card statement.


Answer 3.
1. Yes its an entirely point of sale solution. And no that impression is wrong :) I'll tell you why, people like revecom or 2checkout have less faith in you, thats why they dont let you 'card' transactions manually. otherwise realtime billing and non-realtime (manual) is one and the same.

2. Many people asked this, the name which appears is SOGEP*S this is our partner banking network through which we settle transactions. we could make Acenet appear on the statement but that wont look to good, would it? :)

If you have any questions, please let me know :)

Regards,
Asher.

Originally posted by ^Kyo
....however we can lower our discount rate to as low as 1.95% which is better than a merchant account :)....

Please elaborate.
It says 4% + $0.75 on your site, and your initial post.
I apologize if I may have read it incorrectly.

Hi,

Yes that is the inital discount rate, however if you do a lot of processing each month we will keep on lowering your discount rate... like

3.75% - 75 cents
2.75% - 75 cents
1.95% - 75 cents

It all depends on the volume you do.

Regards,
Asher.

Well, let's see... a 10$ statement fee. More or less, you are going to pay that every month, assuming you will get more than 100$ income (which one hopes one would). One could look at it as a monthly fee, just hidden under a different term...

Just to recap, taking that into account:

if a merchant would earn anything from:

1) 0-100$, he would pay hostcharge a fee of 4% + 0.75$
2)100-1000$, he would pay from 14% to 5% +0.75$ (10$ statement fee must be payed!)
3) above 1000$ statement fee becomes less than 1%, so let's say that it becomes marginal

So for businesses that have from 100 to 1000$ monthly revenue, it's not that affordable at all...

Besides, 2checkout does allow you to enter your client data and make a purchase yourself, they just don't recommend it. Take a look in their FAQ (http://2checkout.com/faqs.htm#factoring)...

^kyo: when you are talking about discounts, what volume of sales must your customer achieve for these numbers you've stated above...?

Ales

Just for clarification, a statement fee is present in all normal merchant accounts (that I know of), along with a gateway fee of $10-$25/mo. That's just the cost of accepting CCs.

The cost of processing CCs is the %+per-transaction cost. Normally it's anywhere from 0.5% to 4%+, depending on the credit card company, anywhere from $0.05 to $0.30 (for merchant accounts). For third-party processors like the one in this thread and Revecom, the per-transaction cost is $0.75 - $1.00.

When they say 3.95% + $0.75, that is _per transaction_. If you process 20 $2.00 transactions, you lose quite a bit. If you process 1 $50.00 transaction, you don't lose very much.

The statement fee (and gateway fee, which does not apply to the offer in this thread) is a monthly-recurring fee. It doesn't matter how many you process, it's still 10 bucks (unless you have a different arrangment of course).

Hope I didn't make it worse. :)

Sure, statement fee is normal for merchant accounts. But (IMHO) not for 3rd party processors, atleast not for the most affordable ones. 2checkout, for example, doesn't have it...

btw, hostcharge looks good to me in general, but it's not quite so affordable as some others. Though there might be other good aspects that would compensate for this...

I was getting tired of seeing 2checkout and Revecom's everywhere. Some competition is good!

Ales

Ales,

Firstly... not to bash 2checkout, their solution is OK but for entry level webhosting firms who are earning around $2000 a month.

HostCharge is however oriented towards small to very well established hosting companies.

Your calculations are totally mixed up and the statement fee should'nt be included as part of the transaction fee. A host earning from $100 to $1000 would be best off using HostCharge as our solution put ups no barriers to your growth. With 2checkout or revecom, can you bill your clients for overages like bandwidth without bugging them to pay at an online form? Do 2checkout or revecom offer any level of anonymity ? No. Arent you tired of thirdparty billers holding back your income? Dont you want all your money at once ;) Hostcharge offers that and more.

$10 is a minimal cost to pay for the superior service we offer in comparision to other processors.

If you earn 2000 dollars a month then we waive the statement charge.

And allera no you didnt mess up anything :) you made it better by adding the little clarification required.

And back to ales, if you earn around $5000 the discount can be negotiated. I can promise that anyone earning a LOT ($15K etc etc) would get a very neat discount rate which will beat any other rate you can possibly get from a merchant account provider.

If you have any questions please let me know or post your quesiton right here :)

Thanks for your interest in our solution.

Regards,
Asher,.

OK here's a special offer :D

Some people got me thinking (mainly ales).... and here's what we're offering:

4.95% discount rate - $1 per transaction

- NO STATEMENT FEE
- $49.99 setup fee.

How's that sound? If you wish to apply please mail or contact me.

Regards,
Asher.

Apply Now, 404 Error :(

Do you screen credit cards?
And if so how long does this take, I hope not up to 2 days like revecom :D

Do we get a online panel to control our account.

And do we get charged the $15 for a charge back if the card was fraud and you let it go thru..

We just tried signing up but got the 404 page as well.
Going to try again soon. I know their mail responce is quite quick.
Looks quite a good system. But the bit I like compared to most other 3rd party systems is the fee for transferring into your account. They charge $15 most others charge from $30.

Similar pics?

Thanks

HI!

Please enlighten us on your card screening technology. How do you prevent "unwanted" cards to get through?

We are using Clickbank and so far the screening seems to be very stringent. One client can do transaction via another 3rd party, but not through Clickbank since that card has some history of unreasonable chargeback experience. Do you offer that feature too?

EDIT: Just edited a few parts of the original message.
:)

Well I have tried contacting you on ICQ yesterday, however when you were online you did not reply and you have not been online since?

I certainly hope this is not the level of support I should expect if I order your services.

Please let me know if you prefer some other method of contact.

Hi,

Firstly, im almost always online :D
Yesterday i was a bit 'down' so i signed off earlier sorry if people were trying to get in touch with me then.

Ok now, you should learn a little more about hostcharge.
Firstly hostcharge is ENTIRELY point-of-sale based. you take orders through your own ssl and key them into the point of sale virtual terminal (like in a merchant account).

We dont support realtime billing for various reasons and we dont plan on supporting it either. the idea of merchants manually screening an order is better.

When' you are keying in the order our system checks for the card numbers on a blacklist database if so it rejects the card. we have an excellent anti-fraud technology which we took months to develop. The blacklist database we use has millions literally millions of records of cards which do chargebacks to hurt us poor ol merchants ;

As far as support goes we offer support via phone, we dont have a 1.888 line yet but we plan on getting it soon.

The order form is down because of a few reasons thats why we're taking applications via email only. you simply email me a username and password which you want, you login to your account once we activate in a while and update your info. later we will send you over a contract which you print-sign- and fax to us (it also contains the credit card authorization form which allows us to charge your card the setup fee).

Just for your information guys, the people who have a high number of chargebacks are not usually terminated from our system (not unless your every transaction turns into a chargebacl :D) thats why we have chargeback insurance which reduces the price of a chargeback to $5/cb.

Yes you get an online control panel to control your account thats how it works ;)

When you email me please specify the type of account you want as of now we're offering 2 types of accounts:

4.95% discount rate $1 per transaction - no statement fee
4.00% discount rate 75 cents per transaction - $10 statement fee

There's a $49.99 setup fee with all accounts.

If you have any ore questions please post them here or contact me :)

Regards,
Asher.

No offense, but your offer does not make me forget my current credit card processor. They have you beat by 1.75% and by 0.50 per transaction.

I emailed the sales department a week ago, with a question and have never gotten an answer.

what gives?

Karen

dapperdan, who'se your current payment process? A real merchant account?

Karen, if you mailed sales@hostcharge.com then sorry no one would have gotten that mail as the old designers who made the site didnt know to put hostcharge.sales@acenet-enterprises.net on the page. So please email us again, we normally answer sales queries within 12 hours. Check what our current clients have to say :D

Also, dapperdan, remember our solution is an answer to revecom, 2checkout, worldpay and other services. Not to a united states based *merchant account*.

Even so, we will shortly have a lower discount rate which will beat any merchant account provider in the us :D :D :D

In about 2 weeks from now we're introducing our private label reseller packages which will allow people to setup hostcharge accounts and resell them anonymously without any mention of us. Have anyone else beat that ;) Plus our authorize-net like inteface and multi-currency billing will also be available then as well. Just a few things to watch out, at a $49.99 setup fee its an unbeatable value.

Regards,
Asher,

I was just writing this as ^Kyo also posted, but anyway:

dapperdan: why don't you backup your claims with an URL? I know I have compared Hostcharge prices with 2checkout a couple of posts above, but that's all public info, so I guess it was fair to ^Kyo. Now, you are just stating prices and that doesn't look too good to me...

We signed up with them about 2 weeks ago, and as far as comunicating with them, we find them very quick compared to alot of companies where you have to wait a day or never get a reply.

I have always had an answer within an hour or two.

Thanks