|
true...but selling product is relatively easy.....once you prove yourself at that.....your merchant bank is far more likely to assume the risk of adult accounts...some will even *withold* like 7 % of your earnings until it accumulates enough to handle that risk (risk of fraud..poor customer servixe..etc)
Here is the #1 rule of having a merchant account:
Make sure that not a single one of your customers ever contacts their credit card about you. I mean always respond to their emails phone calls, etc. even if you are telling them they are screwed and you wont refund their money. At least they'll know and as long as you give them good reason, have good TOS you wont have problems.
THE WORST thing that can happen to you is your customer contacts visa, mc or whoever...then you are fucked....as long as you run your business honestly...even if you are honestly screwing people out of money...you'll be fine.
go to a turn key provider and if any of the above happens....you'll still lose your account, but pay a much higher processing fee...so worst case scenario...you are still better off getting your account, handling your own affilaite checks....its not that hard.
|