How does the fast extener work anywayClearly, everyone could tell.
> Mexican Banks
I've considered becoming a merchant as well and this thread has opened my eyes to the fact that my initial research may have been incomplete. Brad or someone else, if you don't mind, I'd love a brief overview of why one needs an account like this (it appears there is a chargeback threshold most banks shitcan you for if you cross?), what sorts of businesses require a high-risk account, and what the downsides are of having one.
Good info for an affiliate switching over to be a merchant.
its not as simple as it may seem.
high risk = high probability of fraud, excessive chargebacks, high probability the processor will hold your funds.. no matter how careful you are..
so much shit u have to deal with.. real pain in the ass
Continuity is a high risk by nature, unless the customer KNOWS 100% straight up what they are getting into and WANT to be billed every month for the amount you state. For example a 24hour gym membership is an expected continuity deal - so there is no risk.So is any rebill business essentially a high risk? Or are there legit ones that are not? I'm thinking one where people buy an initial product and get on a monthly rebill for refills.
Is it just not worth the hassle and should I just use marketing to try to get them to buy on a regular basis?
Continuity is a high risk by nature, unless the customer KNOWS 100% straight up what they are getting into and WANT to be billed every month for the amount you state. For example a 24hour gym membership is an expected continuity deal - so there is no risk.
If you can do that, you will do very well.
Otherwise you are in the boat with everyone else. Be aware if there is no auto-rebill your reorders go down significantly.