Quote Originally Posted by PC2201 View Post
I have a client looking for a BANK who will allow e-check processing through seamless and will take on a high risk account.

Risk is mainly Ins funds, wrong acct/rtng#'s and stop payments. Chargebacks are around 10%.

Not looking for cc processing. Strictly ACH. Prefer to deal with someone who has a good relationship with a small to midsized bank
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.