Hello, I run a business in which I need a processor to cash out prepaid cards. It is in regards to airlines miles point earning. Volume is 300k+ monthly. (can go higher or lower whenever needed) I know there will be no processors that would allow an account to cash out these cards but is there any aggregate solutions? 0% chargebacks.
Prepaid Card Processor
- Thread starter tapbo
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If account is verified it will work (I hope so)
I never try huge amount .
But small amount it will work.
I never try huge amount .
But small amount it will work.
can you explain the steps involved in this?
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Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.
I receive prepaid cards and I need a way to cash them out through a payment processor.
I've had this similar issue most merchants block you after swiping a certain amount of pre paid cards regardless of their being no chargebacks issues. If you're in the state's I can $50-$100k worth for a 12% fee
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