If you stay below 1%, you dont have a problem.
I have had my merchant account since 1998 or 1999, cant rmember which, through netbilling, I feel safe.
I got a letter my my bank that august 15th my 500$ is due for my annual payment to visa tho, couple months after that the master card payment comes out. But if you want to stay below the 1%, and someone wanted a refund I would give it, other wise it turns into a chargeback, then there goes your 1% ....
Quote:
Originally posted by justsexxx
SInce almost all 3rd party billers do have their troubles and now with all visa crap, i'm more and more thinking about getting my own merchant account.
My question is, when you stay under the chargeback ratio of 1% and comply with all rules, and you relative safe? Or do you still have the same risks as going with a 3rd party biller?
Andre
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