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by brass_cannon
5363 days ago
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You're going to run into some degree of issues wherever you go if you're accepting pre-orders. Because your essentially taking payments for a product that doesn't exist yet (and therefore may never exist - it's a possibility), paying customers may never receive what they order. If that happens, and you can't refund every single order, PayPal needs to cover your customers. If you have a lot of cash on hand, have great credit, extensive positive history with other processors, etc., it will be easier for you to get going. Rather than being shut down like this author's business though, some merchant account providers may tell you they need to keep a rolling reserve of 5-10% with them for a period of time. |
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