My name is AkshayV and my goal is to really help make people’s lives easier. Particularly if you are a merchant. A lot of you who sell vape and e-cig related products often end up facing two frustrating problems.
1) You are classified as a “high risk” merchant by your credit card processing company and as a result have to face stringent rules and regulations in order to conduct your business. 2) Due to the nature of what it is that you sell it is common that you face or will face something called a “chargeback”. A chargeback for those who do not know is a concept that entails your credit-card provider asking the merchant to make good on a product that is the subject of a fraudulent or disputed transaction. For example, let’s say a customer for whatever reason (legit or not) decides to dispute a transaction and they do not go through you and goes through the card company, the card company will “charge you back” for the price of the goods if you do not fight the chargeback. I quite frankly am tired of merchants continuously being taken advantage of by card companies and customers. I want to help you guys in any way that I can by providing as much info as I can for any problems you as merchants might be facing as well as point you in the right direction to some tools that can help your business run much better.
1) You are classified as a “high risk” merchant by your credit card processing company and as a result have to face stringent rules and regulations in order to conduct your business. 2) Due to the nature of what it is that you sell it is common that you face or will face something called a “chargeback”. A chargeback for those who do not know is a concept that entails your credit-card provider asking the merchant to make good on a product that is the subject of a fraudulent or disputed transaction. For example, let’s say a customer for whatever reason (legit or not) decides to dispute a transaction and they do not go through you and goes through the card company, the card company will “charge you back” for the price of the goods if you do not fight the chargeback. I quite frankly am tired of merchants continuously being taken advantage of by card companies and customers. I want to help you guys in any way that I can by providing as much info as I can for any problems you as merchants might be facing as well as point you in the right direction to some tools that can help your business run much better.
