Merchant Account Reviews

What are Chargebacks?

‘Chargeback‘ is a financial term, referring to the process of returning funds to a consumer, reversing an outgoing transfer from their credit or debit card – effectively, a refund. They usually relate to transactions which are suspected to be fraudulent or unfair: if a consumer purchases goods or services using a credit or debit card and the seller fails to comply with the terms specified, the consumer may request one from their credit or debit card issuer.

Chargebacks and Merchant Accounts

Many businesses and retailers choose to set up a merchant account with an online merchant account service, which enables them to accept credit and debit card payments for online transactions. All major credit cards can be used. Liability for chargebacks falls upon the credit card issuer, which means that all merchant service providers are closely examined to ensure that they will not carry out fraudulent activity, which would be potentially costly. Merchant account service providers are expected to respond promptly to requests for chargebacks. (more…)

MerchantPlus

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MerchantPlus is the premier provider of Internet, retail and wireless credit card processing services. They offer reliable, secure and affordable merchant accounts and provide excellent support and customer service. For retail clients, their proprietary Navigate gateway is versatile, intuitive and easily navigated by end users and the client’s staff. With Authorize.net, a business can establish recurring billing plans for subscription clients for one low monthly price. In addition, the experienced staff at MerchantPlus can provide you with knowledgeable assistance in all aspects of merchant accounts including retail terminals, wireless devices, Internet shopping carts and online payment forms. (more…)