Dummy website redirection for online payments
- Thread starter DimensionX
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What most people are doing, is using virtual terminal. Collecting the credit card data at checkout and entering it manually.
This is what Indian Call Centers do who are cashing out your credit cards. This is what many companies are doing who sell banned goods.
Do not apply for a low risk industry, why? Bc when your chargebacks start coming in out of line with expected industry thats a question to investigate. Getting virtual terminals in and of itself can be seen as high risk.
You can avoid having a website also by getting a MOTO account which is you take orders over the phone.︀ That is high risk usually as well.
Anyway what people do is get a bunch︁ of the accounts, and run them til they lose them, then add the next account.︂ Accounts can last until a chargebacks get the processor to investigate the site. With a︃ MOTO, there is no site to investigate at least.
You may file extra charges on︄ your account to bring down the chargeback %, but with any volume, youll have to︅ pay someone just to do that. For example if you have 50 chargebacks on 1,000︆ transactions, youre at 5% chargeback ratio.
Adding 500 charges (with VCC) will bring you to︇ 50 CB on 1,500 transactions, 3.3%, still high but doable, maybe.
Youd have to add︈ 1,000 charges to bring it down to 2.5%
You can see how that would be︉ an issue when dealing with volume. Hire a virtual assistant to create 200 VCC a︊ day and maybe you can work around that lol. Of course, if only doing a︋ few hundred transactions its much less work.
You can also automate the process with VCC︌ subscriptions I just realized lol.
Create 500 VCC, set them on a subscription every week︍ to be charged, and you now have an extra 2,000 charges per month.
This is what Indian Call Centers do who are cashing out your credit cards. This is what many companies are doing who sell banned goods.
Do not apply for a low risk industry, why? Bc when your chargebacks start coming in out of line with expected industry thats a question to investigate. Getting virtual terminals in and of itself can be seen as high risk.
You can avoid having a website also by getting a MOTO account which is you take orders over the phone.︀ That is high risk usually as well.
Anyway what people do is get a bunch︁ of the accounts, and run them til they lose them, then add the next account.︂ Accounts can last until a chargebacks get the processor to investigate the site. With a︃ MOTO, there is no site to investigate at least.
You may file extra charges on︄ your account to bring down the chargeback %, but with any volume, youll have to︅ pay someone just to do that. For example if you have 50 chargebacks on 1,000︆ transactions, youre at 5% chargeback ratio.
Adding 500 charges (with VCC) will bring you to︇ 50 CB on 1,500 transactions, 3.3%, still high but doable, maybe.
Youd have to add︈ 1,000 charges to bring it down to 2.5%
You can see how that would be︉ an issue when dealing with volume. Hire a virtual assistant to create 200 VCC a︊ day and maybe you can work around that lol. Of course, if only doing a︋ few hundred transactions its much less work.
You can also automate the process with VCC︌ subscriptions I just realized lol.
Create 500 VCC, set them on a subscription every week︍ to be charged, and you now have an extra 2,000 charges per month.
@eadeveloper not sure how to send private messages on this forum - I'll figure it out and drop you a line
You seem pretty experienced in payments anyway would love to talk briefly.
You seem pretty experienced in payments anyway would love to talk briefly.
@eadeveloper and @Milken I'm looking for a similar solution. We have fairly deep pockets.
I believe the chat functionality is down on this forum, are we able to share contact info?
I believe the chat functionality is down on this forum, are we able to share contact info?
At least with mentor group you can get in touch with anyone around here easely. So you can find lots of useful information inside the mentor group of course.
The chat functionality is only for gold members users
To PM someone here you need at least to be a silver member, let me buy one membership during the weekend and︀ I will PM you both
To PM someone here you need at least to be a silver member, let me buy one membership during the weekend and︀ I will PM you both
you proceed with︀ your purchase, wait a few weeks and file a chargeback with your bank. You will︁ shortly know what payment processor they are using.
Or you will have a look at︂ the many high risk processors here
https://www.offshorecorptalk.com/resources/categories/high-risk-merchant-account.15/
Or you will have a look at︂ the many high risk processors here
https://www.offshorecorptalk.com/resources/categories/high-risk-merchant-account.15/
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