Oliver Mendl
Active Member
hi,
i know that the cc companies don't want/allow additional charges for processing - but for a pretty small vendor like a knifemaker, those fee's add up quick and i'm a firm believer as long as the company doesn't know ... (yeah i know, could always come right back at you when you have an unsatisfied customer that is looking to give you trouble) in the end, it can be "wrong" either way.
for a big company those fee's are nothing, and yet some decline certain card's because they find their fee's to high. as a fairly small vendor, people should understand that this fee's have to be paid, too. you can always split them with returning customer's.
in my opinion, having the possibility of accepting mastercard and visa is the way to go. maybe add amex if you can get a good deal. everyone who has other cards, will have one of the earlier mentioned, too because they know the hasle of paying with them *lol*
this is a very interesting topic, especially regarding the wire transfer. would you tell me what exactly happened to those knifemakers?
based on my knowledge, and experience in europe/germany, the worst thing they could do is try and use the provided information, for a "direct debit" when they order something with another company. then it would show up on my account, and i could simply refuse it. (on my banking portal, thats a click and then typing a transaction number) money is imediatly back in my account. of course, it's documented in case a lawsuit would follow. furthermore everyone acting as a business, either it's a company or single person, in germany has to offer his bank-account details, as his full adress on the "imprint" page of his website, and once more within the "terms of service"
i know a few cases, were this information was used to make direct-debit's - but i don't know a single company/person that didn't get their money back.
you would have to set-up a lot, and spend a lot upfront to make any profit with this kind of scam. companie's that offer direct-debit get rare, then you need a fake adress but be able to pick-up the ordered good's there, and this has to be done within a day, 3 at a max. then again, i don't know a single company that would let me use a foreign account for a direct-debit, and ship good's to a totaly different one.
another possibility, but that need's an insider at least, if a wire-transfer is not yet at his destination in can be pulled back. as a customer in good standing, you could do that once at your bank, with an insider who is willing to to it, for a small ammount maybe some times more but it's not that those clerk's don't get supervised. if there would be a large ammount of wire transfers that get pulled back, there is someone going to look into it. and, you would need to be sure that the good's have been shipped imidiatly when you said your wired of send the receipt.
the only option i see to get scammed is, when you send out stuff before the funds clear and are deposited in your account. and basicly that can happen with almost every kind of payment, starting from phony check's, money orders to a pull back on my cc.
in the end, it's a risk you take when dealing with someting else then cash, and even then, you check every dollar-bill you get on a show or even at your bank?
greetings,
olli
i know that the cc companies don't want/allow additional charges for processing - but for a pretty small vendor like a knifemaker, those fee's add up quick and i'm a firm believer as long as the company doesn't know ... (yeah i know, could always come right back at you when you have an unsatisfied customer that is looking to give you trouble) in the end, it can be "wrong" either way.
for a big company those fee's are nothing, and yet some decline certain card's because they find their fee's to high. as a fairly small vendor, people should understand that this fee's have to be paid, too. you can always split them with returning customer's.
in my opinion, having the possibility of accepting mastercard and visa is the way to go. maybe add amex if you can get a good deal. everyone who has other cards, will have one of the earlier mentioned, too because they know the hasle of paying with them *lol*
this is a very interesting topic, especially regarding the wire transfer. would you tell me what exactly happened to those knifemakers?
based on my knowledge, and experience in europe/germany, the worst thing they could do is try and use the provided information, for a "direct debit" when they order something with another company. then it would show up on my account, and i could simply refuse it. (on my banking portal, thats a click and then typing a transaction number) money is imediatly back in my account. of course, it's documented in case a lawsuit would follow. furthermore everyone acting as a business, either it's a company or single person, in germany has to offer his bank-account details, as his full adress on the "imprint" page of his website, and once more within the "terms of service"
i know a few cases, were this information was used to make direct-debit's - but i don't know a single company/person that didn't get their money back.
you would have to set-up a lot, and spend a lot upfront to make any profit with this kind of scam. companie's that offer direct-debit get rare, then you need a fake adress but be able to pick-up the ordered good's there, and this has to be done within a day, 3 at a max. then again, i don't know a single company that would let me use a foreign account for a direct-debit, and ship good's to a totaly different one.
another possibility, but that need's an insider at least, if a wire-transfer is not yet at his destination in can be pulled back. as a customer in good standing, you could do that once at your bank, with an insider who is willing to to it, for a small ammount maybe some times more but it's not that those clerk's don't get supervised. if there would be a large ammount of wire transfers that get pulled back, there is someone going to look into it. and, you would need to be sure that the good's have been shipped imidiatly when you said your wired of send the receipt.
the only option i see to get scammed is, when you send out stuff before the funds clear and are deposited in your account. and basicly that can happen with almost every kind of payment, starting from phony check's, money orders to a pull back on my cc.
in the end, it's a risk you take when dealing with someting else then cash, and even then, you check every dollar-bill you get on a show or even at your bank?
greetings,
olli
