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Old 11-06-2012, 10:07 AM  
Dr.Manhattan
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Join Date: Oct 2009
Posts: 97
Tons of chargebacks - consequences?

If you have your own merchant account (not just IPSP) and you get TONS of chargebacks (20% or more), what will happen?
My friend said that you just lose your merchant account.
But I'm pretty sure, you will get a big fine or something like this.
I'm right?
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