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JV: Need someone who has a high-risk merchant account

Discussion in 'Joint Ventures' started by codo3500, Jan 16, 2012.

  1. codo3500

    codo3500 Regular Member

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    Hey guys,

    I'm running a site selling replicas, turnover is $#,### per week, and we're still yet to hit #1 (we're using SEO for traffic),

    Right now we're using Paypal, which will eventually get our account closed we presume. We need someone with a High-Risk merchant account or a way to get the funds out.

    We're dropshipping, and will need to discuss the profit-share situation, how we'll get funds around .etc, a lot of things.

    Would prefer to deal with someone who is already in the replica game, and who is pretty respected on here.

    PM me if you think you can help out!

    Thanks :)
     
  2. codo3500

    codo3500 Regular Member

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    Ps. these are immaculate grade replicas. We've had around 150 orders in the last month, not a single chargeback related to the quality of the item.
     
    Last edited: Jan 16, 2012
  3. Expertpeon

    Expertpeon Elite Member

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    How many chargebacks have you had? saying "not a single chargeback related to the quality" is worthless.

    Anyway, I have several (Switzerland, and 2 other countries) offshore accounts, though I'm totally not interested in JVing with a replica seller for a measly 4 figures/week. Just thought I would let you know, even offshore the max you will be allowed to have is a ~2% chargeback rate.
    Also be prepared for a minimum of 5% (probably closer to 8%) in fees

    Drop shipping + replicas, I suspect you will need to go very offshore (business set up offshore + a bit of fabrication on what you're actually selling)
    Set aside at least $5000 and fly there yourself. There are a great many places that you can set yourself up, and also avoid US taxes easily.
     
    Last edited: Jan 16, 2012
  4. codo3500

    codo3500 Regular Member

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    We've had a few "item not received" which were immediately cleared up - confirmation emails hit the junk. These were PayPal disputes and not chargebacks ofcourse.

    Thanks for your help, as we're just getting into it unfortunately we don't have a huge budget laying around, that's why we're looking to JV, otherwise I'd be shooting straight over to Panama :p