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My Merchant Account Is Going To Be Cancelled Because I Drop Ship!
Posted 17 April 2007 - 11:24 PM
I am an authorized online seller for [company removed] selling treadmills, etc. I have a merchant account, take payments in my bank account and ICON drop ships. I needed to change my bank accounts and do a name change to my new parent company and [the merchant company] told me the bank denyed me!?
Sorry if I am all over the place with this...
Anyway, [the merchant company] told me that since I do not hold the products the bank doesn't want to approve me and the underwriter didn't catch this the 1st time around under my original name. Does this sound correct?
I was a Stomper member and they were all over the idea of making sure I had my own cart and making the products my own when [company] gave me the option. So I thought for sure it wouldn't come back to bite me...
I wouldn't mind so much using [company's] cart but the link would take my customer from my site to their site or [another] site. I don't think that would convert... what do you think? Also, I don't think the PayPal or Google checkout would convert well since there is the sign-up issue for both prior to purchasing?
Thanks for any thoughts.
Posted 17 April 2007 - 11:29 PM
Posted 18 April 2007 - 12:09 AM
Thanks for the reply lisety. I will let you know if I need more help. I tryed your other recommendation for a programmer from [removed] or something and they couldn't help my other issue. I need to be able to frequently change free shipping on my site where customers will see if there is free shipping or other promo's. It needs to flow through on all of my pages. My manufacturer changes promo's daily like on this site where the 100off banner is - [removed]. If you know anyone that can help please let me know.
Posted 18 April 2007 - 12:27 AM
I'll email this post to a couple of people I know. Tomorrow the moderators will be online and they are a very knowledgeable group and I'm sure they'll be able to help you much more than I can!
Posted 18 April 2007 - 09:14 AM
Many, if not most, allow such transactions.
Posted 18 April 2007 - 02:48 PM
Posted 19 April 2007 - 02:05 AM
Posted 21 April 2007 - 08:49 PM
I believe that the terms of your merchant account require that you not charge your customer until the order has been shipped.
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