Europeans Billing Europe!
Chargebacks are inherent in EU direct debit transactions as well - we provide collection services for our direct debit joins in UK, Germany, Spain, Austria and the Netherlands and immediately blacklist the user and initiate collection efforts on any non-paid transaction. We go after principal and fees and credit the merchant with successfully recovered funds - the term 'credit' is a good thing in your Webbilling.com stats. 'Becomes a revenue stream of its own over time, as they cannot join any other site by direct debit we process for until they pay up...
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