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06-14-2021, 11:32 AM #2
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,903
NACHA Regulations would not allow for a 10% CB - Why are they CB's so high and find a methods to eliminate them,
is a better solution. Even a settlement account will not allow a 10% Return Rate.
Stop Payments are technically the consumer charging the merchant with Fraud, which is a felony.
Your merchant needs some guidance in changing their procedures.
Contact me if you wish to discuss.
BTW - there is a method for your moving broker to collect $$$ without using checks or credit cards.Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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