1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Need HIGH RISK payment processor for my website

Discussion in 'Hire a Freelancer' started by Pejlis, Sep 8, 2015.

  1. Pejlis

    Pejlis Regular Member

    Joined:
    Jul 7, 2013
    Messages:
    210
    Likes Received:
    20
    I have website which gets a lot of fake orders which turn into chargebacks later. My chargeback rate is around 20%. I am going to make it lower to 5-10%, but it is still very high. Can anyone find me a payment processor for credit cards? I have been blocked from 2checkout.com recently.
     
  2. Festerling

    Festerling Newbie

    Joined:
    Sep 8, 2015
    Messages:
    13
    Likes Received:
    0
    Until you combat the fraud that is causing your chargeback rate to spike to 20%, it doesnt make any sense to find a payment processing company. There are many questions that you would want to answer before you decide which payment processor to use.

    I guess first question is, what item(s) are you going to be selling?
     
  3. Pejlis

    Pejlis Regular Member

    Joined:
    Jul 7, 2013
    Messages:
    210
    Likes Received:
    20
    It is downloadable products. I need payment processor which would not ban with such a big chargeback ratio, is it possible to find such a payment processor?
     
  4. ansi09

    ansi09 Regular Member

    Joined:
    Jul 5, 2012
    Messages:
    209
    Likes Received:
    16
    Well then look for payment processors that do not have charge back policy at all, this will solve lots of problems with your business, especially that is downloadable products which is so easy to charge back.
    PS: or simply change your TOS to " No Charge Back " upon purchase, that way you protect yourself even when a charge back took place ;)
     
  5. fidodido

    fidodido Junior Member

    Joined:
    Aug 12, 2015
    Messages:
    113
    Likes Received:
    27
    Oh, you think it is that easy? You seem to never have done online business before.
     
  6. Pejlis

    Pejlis Regular Member

    Joined:
    Jul 7, 2013
    Messages:
    210
    Likes Received:
    20
    Is there any solution which can help me?
     
  7. ChanzGrande

    ChanzGrande Elite Member

    Joined:
    Feb 16, 2008
    Messages:
    2,487
    Likes Received:
    1,177
    Occupation:
    Accountant
    Location:
    Northern Woods Counting Money
    This is a risk in the type of business you engage in. Digital products often over-promise and under-deliver upon their claims of awesomeness, so perhaps this isn't so much fraud as just that many people are not happy with the overall quality of your product(s). If this is the case, certainly the best course of action would be to start creating digital products that over-deliver on the promises you've made.

    Anyone doing this type of business knows chargeback rate can be very high even for somewhat good content. In the past smart marketers used to tie the sale to a COURSE they would provide to people in a members area over a two month period of time. By stringing along their customers they kept many past the 60 day recovery period. So there you go ... at least two possible solutions.
     
  8. audibbbb

    audibbbb Regular Member

    Joined:
    Feb 8, 2015
    Messages:
    239
    Likes Received:
    53
    Home Page:
    All have chargebacks , clients contact their bank and ask for chargeback , you can't aviod this
     
  9. audibbbb

    audibbbb Regular Member

    Joined:
    Feb 8, 2015
    Messages:
    239
    Likes Received:
    53
    Home Page:
    Good Info Davers , you are right 100%