Comments on: Merchant Accounts Could Stop Fraud… But They Don’t Want To

By: lyndon

lyndon — Sun, 20 May 2007 16:09:28 +0000

I am a merchant. I am very new in this business on the internet. I paid over $500 hundred to get the merchant gateway account. They claim that they have fraud protection tools that prevent fraud. Okay, I asked them I need some training how to use it. They said ,I do not need any training. Just process the order as simple as that. To make story short, I have to pay back $18,000 which I only made about $7000 minus product cost. How could I be so stupid! My wife told me there is no money in the internet, it is a scam. I am afraid to tell my wife that I owe $18,000. I am scared, I do not know what to do?

By: MerchantVictim

MerchantVictim — Mon, 12 Mar 2007 17:34:30 +0000

Merchant’s are the true victims of credit card fraud. United Bank Card and First National Merchant Solutions refuse listen or help. They gladly take the merhcant’s money in the form of discount, authorization, chargeback fees, etc in fraudulent situations. I challenge an executive from these companies to contact me throught this site, and refund the money this merchant lost in fees that used to line their pockets.

By: processor

processor — Mon, 11 Dec 2006 18:13:30 +0000

This is not only true but it’s real, there are processor that do not just take v/mc guidelines as rules but actually built some. Read about them ipaymentgateway.com