Dealing with Merchant Credit Card Processor Chargebacks
Payment Processing November 30th. 2007, 4:06pmWhen setting up a merchant credit card processing account most of us are not thinking about chargebacks or even know what a chargeback is. However, they can be a big factor and have the potential to eat up our profits.
There is an excellent article on the issue at Work.com. In it, that author writes:
When chargebacks get a chokehold on their business, typically my clients:
· Are surprised by their predicament.
· Need a rapid solution to avoid losing their merchant account and blacklisting by Visa and MasterCard.
· Are afraid to ask their current processor for help because they believe it will hasten closure of their merchant account.
Read the full article at Guide to Getting the Most Out of Your Merchant Processor.
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