Recent content by RoaringChimp

Did you have a MID before? How do you currently process? What's your monthly volume? What do you consider as high CB rate?

That is why it’s important to have an experienced company sourcing the correct bank for your processing. The exact requirements of each bank are constantly changing and unless you are a part of their team , you won’t know if the bank is a good fit or not for your business

that’s great, don’t be surprised when the bank gives you a fake payout

Do you have any previous processing statements? Maybe from another psp ? With whom you processed before? Or it’s a startup?

What’s your monthly volume ?

I’ve seen many threads regarding how to choose a payment processor. Few are about the opposite side — how processors make their choice and how to be sure not to be declined. I've decided to share some insights on why businesses may not pass underwriting based on my own experience working for a...

CB is slightly higher than 1%? Important to understand how high is it. Do you use any charge back mitigation tools?

The recommendation will depend on a monthly volume and whether you have a processing history

Sure, with pleasure CERF – The CERF tg: @thecerf_clients thank you

Cloaking is a temporary solution, it is better to find a PSP that specializes on your niche

High risk payment processors typically have stricter requirements compared to traditional PSP You may be asked to provide: - Transaction history for the last couple of months with a low chargeback ratio to be considered by high risk payment processors. Usually it will help you to get much...

What monthly volume you plan to process?