These are aggrigators and so they can take on whatever they want. But, they can also do whatever they want as they are not really under any scrutiny from the card brands. So if they shut you down while holding funds one day that is your problem
Thats going to be tough. Because if you do not refund and then they chargeback then you are in trouble with the processor. They do not like chargebacks. Chargebacks are very risky to a processor and their sponsor banks. So you wanting to have a 0 refund policy is as red flag to most processors.
Square is not going to leave this account open for very long. You will get a reserve hold on your account then it will get shut down and you will not get your funds.
I wouldn't go third party unless you are pushed to that by getting TMFed or business type just will not allow it. We can approve almost anything. We hold our own risk and do our own underwriting.
We really need to know what your average sale amount, chargeback %, return %, monthly volume, business type, financials (in some cases) before we can tell you if you can get approved anywhere else. We are a processor that holds our own risk and underwriting. We can get done almost anything. We...
Did any of these guys help you?
We not only do regular tier 1 merchant accounts. We do tier 2 higher risk merchant processing as well. We have multiple sponsor banks and we are a fully underwritten risk ISO. So we make all decisions inhouse. Let me know with a PM if you need any help.
Let me know if you have not gotten this done. BTW what kind of site is it. If it is a Pharmacy that might be why. Other than that I can see why the maximum would be so low.
Wow, there is quite a bit of BS on here.
For what you are looking for you need a US based processor that can handle "Higher Risk" accounts.
We have multiple sponsor banks including Wells Fargo and Merrick. We are a full risk wholesale ISO. We have access to offshore but it is a pain and...
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