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Bitcoin => Project Development => Topic started by: aucoinmaster on October 19, 2020, 11:50:53 AM



Title: zero chargeback credit card merchant services needed
Post by: aucoinmaster on October 19, 2020, 11:50:53 AM
I am looking for zero chargeback merchant services,but seems like some of these services charge too much upfront fee,like simplex.That kind of fee is for crypto exchange,i think.

Right now,I have many clients who buy Bitcoin  from me,but my main payment method is only paypal.I cant accept big payments due to its much higher risk.Many cliesnt want to buy by credit cards.

I would like to get advice on other similar merchant servics which offer zero chargeback guarantee since buying crypto by credit cards is very risky.

any advice is appreciated





Title: Re: zero chargeback credit card merchant services needed
Post by: gentlemand on October 19, 2020, 12:14:49 PM
There's no such thing. You'd be asking them to provide a service no credit card or other payment company offers. They all allow charge backs of a sort.

The only way it would be possible is for the merchant services company to personally pay for all the charge backs themselves. They would be in business for around 5-10 minutes.

You could investigate bank transfers. In some countries they're not reversible.


Title: Re: zero chargeback credit card merchant services needed
Post by: xgamble on October 28, 2020, 11:55:58 AM
I am looking for zero chargeback merchant services,but seems like some of these services charge too much upfront fee,like simplex.That kind of fee is for crypto exchange,i think.

Right now,I have many clients who buy Bitcoin  from me,but my main payment method is only paypal.I cant accept big payments due to its much higher risk.Many cliesnt want to buy by credit cards.

I would like to get advice on other similar merchant servics which offer zero chargeback guarantee since buying crypto by credit cards is very risky.

any advice is appreciated





That something that doesn't exist. Because it's all about ''credit card'' policy.
Once you accept a credit card as a payment you're basically exposing yourself to this.
Doesn't matter if you have your customers signature on the receipt? ... it helps to prevent a chargeback of course.

In my opinion the best if you sell huge is to wait ''30 days'' before releasing anything to the customer.
I remember that this way they couldn't complaint. A online cloud mining company did it this way in order to accept credit card payment from their customers.


Title: Re: zero chargeback credit card merchant services needed
Post by: LoyceV on October 28, 2020, 12:34:43 PM
I would like to get advice on other similar merchant servics which offer zero chargeback guarantee since buying crypto by credit cards is very risky.
Cash :) It's not really a service, but it's the only thing (other than crypto) that's truely irreversible.

You could investigate bank transfers. In some countries they're not reversible.
Also when the payment is made from a hacked account? Most exchanges ask for KYC on top of bank transfers, just so they know you really own the bank account you're using.


Title: Re: zero chargeback credit card merchant services needed
Post by: gentlemand on October 28, 2020, 03:32:52 PM
Also when the payment is made from a hacked account? Most exchanges ask for KYC on top of bank transfers, just so they know you really own the bank account you're using.

In the UK, yes. Once it's gone it's gone. But it has to be a certain type of transfer and it's usually the most common one. There are countless cases of men in the middle and phishing where the banks told people it was their fault and that was that.