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January 24, 2018, 11:42:24 PM Last edit: January 25, 2018, 12:09:31 AM by warningsigns |
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"Seriously controlling chargebacks" will be difficult because accepting credit cards as a merchant is a two way street, meaning you cannot unilaterally assume that your customers are the only potential scammers. Merchants have been known to scam too.
A system allowing a fair and unbiased examination of chargeback situations is, yes, an important element of any card-accepting business to minimize revenue losses but this must incorporate a system designed to equally protect the customer.
You must have a relationship with a bank or payment processor with a robust and established acquirer agreement with either or both Visa and MasterCard (or other brands such as AmEx, Discover, UnionPay etc). If you do not have access to a local acquiring bank, there are online services offering similar services. They process credit and debit card payments too. PayPal is one. 2Checkout is another.
No ID verification will expose you to a mountain of risks.
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