Quote:
Originally Posted by London Banker
Yeah but most of the time, the fight is useless.
When a surfer files a ChargeBack with a "Transaction not recognized" or "Fraudulent transaction" - good luck appealing to the bank and reversing the chargeback. The bank will side with the surfer most of the time, and you cant prove anything.
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What you have said here, I have heard about this before. my good friend told me he had the same experience. The bank always side with the customer. So he only use Merchant account for Tangible products and not memberships, for memberships is uses 3rd party billers. He say there long history and resources for dealing with Refunds and so on are better than he can do.
I hope I will have a different fate if I choose to do a merchant account.
Thank you so much for you reply man.
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