[TheForge] Merchant accounts
James Binnion
jbin at well.com
Wed May 31 16:42:27 EDT 2006
On May 31, 2006, at 8:47 AM, Daniel Kretchmar wrote:
> There is another booth called "By my Hand Design" that is at all the
> same events I am at. They accept credit cards for me and several
> other
> merchants. We pay them the credit card service fee and also give them
> consideration when it comes to orders from me to them. If someone
> wants to pay
> for an item at a event with a card. I send them over to "By my
> Hand" with an
> invoice and they come back with a receipt and I hand over the item.
> It all
> works out even in the end.
That is a violation of their merchant services agreement and could
cause them to loose their account if their bank ever found out that
was happening. If there is ever a dispute over the charges that could
blow up in their face big time.
James Binnion
jbin at well.com
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