Paid Consultation about merchant underwriting

[BrettSilverman]

Hi,
I'm looking for somebody currently working at Merchant Services and/ or at a bank in Underwriting or Risk departments
I am opening a startup in ecommerce in the US region (FL and TX)
I need a private paid consultation from such a person. No scams, I don't want to pay in crypto but rather in wire transfers or Venmo, for example, let's not waste each others time
Please PM if interested

 

[BrettSilverman]

Anyone?

 

[lory]

You want to speak with Durango Merchant Service! Don't, and I mean don't, go with iPayTotal should they suggest this shitty scam processor.

If that does not work for you, I would have a look at some of the many payment processors here:
https://www.offshorecorptalk.com/resources/categories/payment-service-provider.4/
There should be one or another that would match your requirements and accept your business. Unless your new business is Adult, Gambling or Drugs related of course!

 

[BrettSilverman]

lory said:
You want to speak with Durango Merchant Service! Don't, and I mean don't, go with iPayTotal should they suggest this shitty scam processor.

If that does not work for you, I would have a look at some of the many payment processors here:
https://www.offshorecorptalk.com/resources/categories/payment-service-provider.4/
There should be one or another that would match your requirements and accept your business. Unless your new business is Adult, Gambling or Drugs related of course!
Click to expand...

Thanks, I'll take a look. We anticipate to have a slightly higher chargeback ratio (due to our business model) so this is something I hope they could work with.

 

[kilor]

you need to use a payment processor that understand your business.

For instant Verotel and CCBILL have scrubbing tools and much other stuff in place to get your CB ratio down. On the other side this also result in a higher decline rate.

 

[BrettSilverman]

Some non- high risk processors allow higher rates of CB for weeks or even months, what's up with that?

 

[Sols]

The real limit from the card schemes is around 0.50%. PSPs that allow higher do so because they aggregate multiple merchants on the same merchant account, so even if you hit 1% or higher, it still won't matter because you're just a small part of a bigger bucket.

While that sounds great, it's a card scheme violation and you're at the mercy of other (bigger) merchants on the same account not causing the overall ratio to exceed 0.50%. So make sure you work with a processor that knows how to handle and balance things like that.

Since you're US based, try Merchant Services Provider | Multi-Currency, US & Offshore Accounts | MerchACT

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This is the probably the answer to your question.

 

[JohnnyDoe]

Sols said:
Since you're US based, try Merchant Services Provider | Multi-Currency, US & Offshore Accounts | MerchACT
Click to expand...

“unable to submit your request. Please contact the website administrator “

Not a good way to start

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@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields​

 

[BrettSilverman]

JohnnyDoe said:
“unable to submit your request. Please contact the website administrator “

Not a good way to start
Click to expand...

I don't understand. If you're referring to this website- it's opening up alright. But I haven't filled out the form yet..

 

[JohnnyDoe]

BrettSilverman said:
I don't understand. If you're referring to this website- it's opening up alright. But I haven't filled out the form yet..
Click to expand...

The error message appears when you try to submit the form

Toggle signature

@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields​

 

[BrettSilverman]

Any other propositions, guys? Looking for a fast approving non high riisk merchant account with some lenience toward CBs

 

[BrettSilverman]

February 2023, still searching. I have had some luck with Worldpay and Heartland Payments, but the onboarding seems to be much more strict since the start of this year.