Quote:
Originally posted by Lenny2
If I'm not mistaken you can't move rebills from one IPSP to another without signed consent from the customer
So the only thing you could move is your new business.
The rules are different if you open your own merchant account.
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Any IPSP skirting the threshold that performs a rebill import deserves to pay the fine in the following 60-90 days.
At the very least the transition should only take place after positive conformation via email. The conformation email could also contain an upsell. That would help make up any losses.
An import done right will still yield a 1-2 % CB rate. This is due in part to consumers not recognizing the new billing companies descriptor. However, if done wrong you can expect a 5-10% CB rate.
Don?t even get me started on refunds?