cramerjohn004
102 posts
Sep 27, 2022
1:02 PM
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When payments are accepted in person, service charges are often quite affordable. Business owners who have good credit scores and a solid business history should have no difficulty securing rock-bottom rates. Because the risk of theft and fraud is so much less, most credit card companies will not charge traditional retailers even if they process a stolen card. This is not the case when the card is not present.
The average how to sell merchant services is forced to pay something called a chargeback every time a transaction is disputed or an item is returned. By comparison, when a regular retail transaction is disputed, the merchant can send his service provider a signed and dated copy of the receipt to prove that the transaction actually occurred. More often than not, the provider will then deny the chargeback request made by the customer's credit or debit card company.
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