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GSPAY — Reliable High Risk & Third Party Services |
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Articles (Read All Articles) |
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High Chargebacks/Refunds Merchant Accounts for High-Risk Ecommerce BusinessesThe ecommerce business is getting more and more popular nowadays. Modern merchants prefer opening web-based business and online stores, as this is one of the most convenient ways of making money.Of course, to get money for the products and/or services you offer, it is necessary to be set up with an online merchant account. This type of account enables its owner process online credit card payments and thus helps increase customer database, as online shoppers prefer dealing with companies that accept plastic card payments. Though web-based business gives a lot of new options and opportunities, it has its peculiarities, as well as drawbacks. Ecommerce business is associated with scam and frauds, besides there is always a possibility that a customer may not like the purchased product/service and ask for a refund or a chargeback. A chargeback is cancellation of credit card transaction. The chargebacks may occur as a result of some processing errors, customer disputes and dissatisfaction, fraud, authorization issues, etc. Businesses that have high ratios of refunds and customer returns that lead to numerous chargebacks are considered high-risk, and require special type of merchant account. Most of acquiring banks, as well as some credit card processors avoid dealing with such businesses, mainly because merchant accounts that take too much chargebacks are a higher risk for them. Besides, chargebacks may also mean that a merchant has some problems with quality of customer service. If you run a high-risk business, we are here to provide you with the best quality high chargeback merchant accounts. Chargebacks/refunds merchant accounts have been specifically created to help business having high rations of refunds and chargebacks process online payments. Our company has a substantial experience in providing credit card processing solutions for high-risk businesses all around the world, and thus, has helped a lot of online businesses increase their sales and profit. No matter what type of business you own, we can help expand your business worldwide, as well as increase revenues, by giving you an opportunity to process real-time online payments. Besides, our customer support experts will answer all your question and give valuable information about risk management techniques. By opening an account with our company, you will get a reliable payment getaway for both real, and batch processing, as well as technical and customer support service, which is available 24/7. Due to our expansive network of acquiring banking partners, we guarantee the best-individualized payment processing that will easily meet the requirements of your business. We understand the importance and peculiarities of each business and can offer reliable and secure credit card processing solutions that will make the management of your business easier and more effective.
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