Quote:
Originally Posted by AlphaSky
"(like all billers) has a limited number of sales they can put thru to their bank in a business day. "
This scares me. Anybody have info on that statement? I'm gonna Google for banking info.
It would be nice to hear from a real banker on the inner workings.
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That would mean all merchant accounts have a limited number of transactions they could do per day through Visa and MasterCard. Not just CCbill. I have had a personal merchant account a few times myself and even had one for both Discover Card and American Express - oh and Diners card too. I read every page of the manual each time that I got such a merchant account.
The only restrictions I ever saw were for something called a rolling reserve. I suppose if your reserve was not high enough you could not go past a set amount (not sure 100%). Issue is, that would be next to impossible because reserves are a percentage of your total sales and if that were the case then any smart person would just increase their reserves to keep making money.
Example - Imagine total number of transactions and a store like the 99 cent store or lets get more extreme. Imagine the havoc of a hot dog or beer stand at a major ballpark being limited to a set number of transactions. Pretty damn sure they do more transactions per hour than many billers may do in a day.
Quote:
Originally Posted by czarina
I did a test signup with my own credit card which has NEVER had a chargeback, is from the US, the mailing address was correct and everything was perfect, and I got denied.
Go figure!
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Question since you say it is from the US. Are you located in the US right now or are you in Mexico?
Quote:
Originally Posted by AlphaSky
interesting, no more comments, questions or answers.
I'm pretty shaken up with the accusations made and was hoping to hear more about it.
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I responded.
I am more curious why nobody responded to me
