JOHNNY DOETHE LIFE WHISPERER

Paid Consultation about merchant underwriting

BrettSilverman

replies
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276
BrettSilvermanActive RecruitAuthor
Joined
Jun 2021
Messages
131

#1

Hi,
I'm looking for somebody currently working at Merchant Services and/ or at a bank in Underwriting or Risk departments
I am opening a startup in ecommerce in the US region (FL and TX)
I need a private paid consultation from such a person. No scams, I don't want to pay in crypto but rather in wire transfers or Venmo, for example, let's not waste each others time
Please PM if interested

BrettSilvermanActive RecruitAuthor
Joined
Jun 2021
Messages
131

#2

Anyone?

loryRecognized Voice
Joined
Jul 2020
Messages
863

#3

You want to speak with Durango Merchant Service! Don't, and I mean don't, go with iPayTotal should they suggest this shitty scam processor.

If that does not work for you, I would have a look at some of the many payment processors here:
offshorecorptalk.com/resources/categories/pa…-provider.4/
There should be one or another that would match your requirements and accept your business. Unless your new business is Adult, Gambling or Drugs related of course!

BrettSilvermanActive RecruitAuthor
Joined
Jun 2021
Messages
131

#4

lory said:

You want to speak with Durango Merchant Service! Don't, and I mean don't, go with iPayTotal should they suggest this shitty scam processor.

If that does not work for you, I would have a look at some of the many payment processors here:
offshorecorptalk.com/resources/categories/pa…-provider.4/
There should be one or another that would match your requirements and accept your business. Unless your new business is Adult, Gambling or Drugs related of course!

Thanks, I'll take a look. We anticipate to have a slightly higher chargeback ratio (due to our business model) so this is something I hope they could work with.

kilorFake user - Alias of JohnLocke
Joined
Dec 2021
Messages
331

#5

you need to use a payment processor that understand your business.

For instant Verotel and CCBILL have scrubbing tools and much other stuff in place to get your CB ratio down. On the other side this also result in a higher decline rate.

BrettSilvermanActive RecruitAuthor
Joined
Jun 2021
Messages
131

#6

Some non- high risk processors allow higher rates of CB for weeks or even months, what's up with that?

SolsOffshoreCorpTalk moderator
Joined
May 2019
Messages
6,542

#7

The real limit from the card schemes is around 0.50%. PSPs that allow higher do so because they aggregate multiple merchants on the same merchant account, so even if you hit 1% or higher, it still won't matter because you're just a small part of a bigger bucket.

While that sounds great, it's a card scheme violation and you're at the mercy of other (bigger) merchants on the same account not causing the overall ratio to exceed 0.50%. So make sure you work with a processor that knows how to handle and balance things like that.

Since you're US based, try Merchant Services Provider | Multi-Currency, US & Offshore Accounts | MerchACT

BrettSilvermanActive RecruitAuthor
Joined
Jun 2021
Messages
131

#9

JohnnyDoe said:

“unable to submit your request. Please contact the website administrator “

Not a good way to start

I don't understand. If you're referring to this website- it's opening up alright. But I haven't filled out the form yet..

JohnnyDoeSchrödinger‘s guy
Joined
Jan 2020
Messages
10,049

#10

BrettSilverman said:

I don't understand. If you're referring to this website- it's opening up alright. But I haven't filled out the form yet..

The error message appears when you try to submit the form

BrettSilvermanActive RecruitAuthor
Joined
Jun 2021
Messages
131

#11

Any other propositions, guys? Looking for a fast approving non high riisk merchant account with some lenience toward CBs

BrettSilvermanActive RecruitAuthor
Joined
Jun 2021
Messages
131

#12

February 2023, still searching. I have had some luck with Worldpay and Heartland Payments, but the onboarding seems to be much more strict since the start of this year.

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