Tag: FAQ
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FAQ Friday: How can I Avoid Getting Ripped Off By Merchant Account Fees?
On a recent episode of the Uncensored Direct Marketing podcast, my guest Julian Reyes brought up how easy it is for agents like us to rip off business owners with confusing merchant services pricing. He said that dozens of agents liked to operate in a cloud of obscurity, and it wasn’t until much later that he realized that he…
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FAQ Friday: How Many Merchant Accounts Can I Have?
Many business owners in high-risk verticals make the mistake of thinking you can only have one merchant account per business. But this is simply not true. When we informed a nutraceutical business owner shut down by Stripe, he could have had several merchant accounts he couldn’t believe it. “So I could have been routing my…
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FAQ Friday: Stripe Stops Processing Payments for Trump Campaign, Is My High-Risk Business Next?
In what has been a tumultuous few weeks in the US, there is a story developing that isn’t getting as much attention as it perhaps should. In the midst of record coronavirus pandemic-related deaths, social media expulsions, and impeachment debates, not much reporting has been undertaken on Stripe’s actions. Their decision (which was later matched…
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FAQ Fridays: How Can I Avoid Chargebacks During The Q4 Shopping Season
Q: Black Friday and Cyber Monday have set record sales for my consumer products ecommerce store. This is great news for my business but I’m wondering how I can avoid chargebacks in Q1. I’m focusing a lot on the upcoming Christmas season and have increased ad spend by 30%. I’m hoping to close out the…
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FAQ Fridays: Will Chargebacks Increase If I Avoid Customer Refunds?
Q: I’ve noticed a big increase in my refunds in the last couple of months. Customers are using my skin care products and then requesting a refund. They even flat out refuse to send back the product. I’m thinking of adding more steps for customers to get a refund. My contacts who have nutra businesses…
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