Recurring Billing

Excessive chargebacks can lead to a recurring billing merchant account to be completely shut down with an aggregate payment processor like Paypal, Stripe, or Square. Another common point of conflict that occurs when a retailer uses an aggregate payment chip is that the”approval process” in many instances isn’t actually an approval at all. What happens is that the merchant account is approved on a contingent basis, then much later, the backend underwriting process begins (many time on the petition of your first chargeback) and your company is obtained as a high risk merchant — that leads to your accounts either being suspended until further notice or you’re dropped from their stage entirely with no notice. Tritium Pay, pioneers in the industry of electronic payment processing, particularly for high risk merchants who should need a high risk recurring billing merchant account, is your way around all the hassle and stress that come with worrying about being dropped by an aggregate payment processor. When you start off with the right payment processing company, and one that does their own in-house underwriting like Tritium Pay does, you’re setting your company up for success right from the get-go. Be sure to discuss the intricacies of your business needs in regard to the types of subscriptions or recurring charging you offer; do you want something which covers a 7-day free trial, a 15-day subscription, a 30-day repeat charging cycle, etc.. Make sure everything you need to run your business smoothly and efficiently is covered during the underwriting process when applying to your recurring billing merchant account.