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A Way To Accept Prepaid Cards From Customers?

Discussion in 'Making Money' started by Ganie, Oct 13, 2016.

  1. Ganie

    Ganie BANNED BANNED

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    I have a business where i get paid by Prepaid Cards by the clients. I need a way to accept it without giving out my big margins out of my sale amount.
    Right now, i am paying 15% to a guy who let me charge through his Merchant gateway.
    The best thing is, these don't have a Charge-Back issue plus the guy pays me everyday 85% of what i charge through his gateway.

    Any solution i can charge them myself and save money ?
     
  2. BassTrackerBoats

    BassTrackerBoats Super Moderator Staff Member Moderator Jr. VIP

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  3. KraftyKyle

    KraftyKyle Jr. Executive VIP Jr. VIP Premium Member

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    You have a 15% processing fee for your payment processor? That's awful. It's to my understanding you can use prepaid cards for any payment processor (as they act as normal debit cards) and the standard processing fee is under 3%.
     
  4. Ganie

    Ganie BANNED BANNED

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    That's what i am trying to find, but i don't need a regular Merchant Account but a Payment Processor where i can charge the Prepaid cards.
     
  5. Ganie

    Ganie BANNED BANNED

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    Yes, that's actually a 3rd party i am doing right now, but i am helpless due to non-availability of options. Looking for a long-term solution.
     
  6. THUNDERELVI

    THUNDERELVI Elite Member

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    What country are you from? Or better say, what country are you conducting your business operations?
     
  7. NobelNerd

    NobelNerd Power Member

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  8. Ganie

    Ganie BANNED BANNED

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    My clients are from USA & Canada
     
  9. THUNDERELVI

    THUNDERELVI Elite Member

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    If that's the case and if the prepaid cards are Visa or Mastercard, then any merchant account would do the job that accepts those 2 brands and all of them do.
     
  10. Ganie

    Ganie BANNED BANNED

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    I can't apply for a merchant account myself. Reason being: I am from India and i am an individual, not a company. Plus i need a way to sell off Prepaid cards online. Someone told me i can sell them online and get paid via Paypal same time
     
  11. Applied321

    Applied321 Newbie

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    Ganie, please contact me. Thank You