To learn more about chargebacks, merchant accounts, and ecommerce read the Merchant Success blog. Get your free, no obligation merchant account quote from http://www.duncan2.com Troy Duncan is President and CEO of Duncan 2.0 Merchant Services.
Merchant Account Chargebacks: The Cost Of Accepting Credit Cards Merchant accounts enable you, the merchant, to accept credit cards, debit cards, gift cards, electronic checks, EBT cards, and other electronic payments. It is proven that accepting credit cards can increase your sales by 40 to 50%. Having a merchant account is a necessity for any credible business.Although credit card acceptance can boost your business, you need to be aware of the costs...... Similar Editorial : Choosing a Merchant Account by Michael Zittel. | Source : Accounting Tips
Surviving Credit Card Chargeback Fees Dealing with credit card chargebacks can be a frustrating experience. You think you do everything right: you verify that the card belongs to the customer, you fully communicate your return policy, you represent the merchandise in a truthful manner, you enforce a credit card security policy, and you have fraud detection mechanisms in place. Then you see the chargeback fees on your merchant...... Similar Editorial : Common Credit Card Fees by Peter Kenny. | Source : Corporate Credit Card
