Hello! Long time reader on this community, first time posting!
So a little backstory, I've always gotten screwed over by payment processors. No matter what I tried, or how high risk the accounts were, I always got closed down for some reason or the other. I think it was a combination of the industry I was in or the amount of chargebacks. No matter what. So one day I said whatever, and decided to open up a completely different setup to begin my escape from all the frustrations.
I've been reading on here for quite some time and decided to use Turner Little, to open up a Company, Bank Account and Payment Processor. This was a impulsive move. Again, fueled by my frustrations. The main reason was so I wouldn't have to deal with my payments getting held or my accounts getting banned. I just want to do my business in piece.
The industry I'm in is SaaS, website design, maintenance & ad management. I'm pretty much everywhere in terms of I.T based stuff. So you can imagine, when a disgruntled customer chargebacks almost 1k+ payments for services already rendered. And these are all intangible services, so it's even harder to dispute and win. Sometimes people pay with prepaid gift card or crypto cards, which for some reason, processors don't like too much as well.
I would simply like to open the discussion to you all; what's' the next course of action should I take? Opening a Company and Bank account is easy enough, but any advice on the payment processor portion? I'm paying to get all these services opened for me, however how good are they in Belize? How robust are these services for Belize? Have you heard of any Belize based business shutting down due to account closures? What places would have better services/setups? What are your setups like?
Your advice and opinions would be great. Thank you.
So a little backstory, I've always gotten screwed over by payment processors. No matter what I tried, or how high risk the accounts were, I always got closed down for some reason or the other. I think it was a combination of the industry I was in or the amount of chargebacks. No matter what. So one day I said whatever, and decided to open up a completely different setup to begin my escape from all the frustrations.
I've been reading on here for quite some time and decided to use Turner Little, to open up a Company, Bank Account and Payment Processor. This was a impulsive move. Again, fueled by my frustrations. The main reason was so I wouldn't have to deal with my payments getting held or my accounts getting banned. I just want to do my business in piece.
The industry I'm in is SaaS, website design, maintenance & ad management. I'm pretty much everywhere in terms of I.T based stuff. So you can imagine, when a disgruntled customer chargebacks almost 1k+ payments for services already rendered. And these are all intangible services, so it's even harder to dispute and win. Sometimes people pay with prepaid gift card or crypto cards, which for some reason, processors don't like too much as well.
I would simply like to open the discussion to you all; what's' the next course of action should I take? Opening a Company and Bank account is easy enough, but any advice on the payment processor portion? I'm paying to get all these services opened for me, however how good are they in Belize? How robust are these services for Belize? Have you heard of any Belize based business shutting down due to account closures? What places would have better services/setups? What are your setups like?
Your advice and opinions would be great. Thank you.