If Payment processing companies block accounts, Whats the solution ?
I have seen that lots of people use payment processing companies like Paypal, 2Checkout and many other and they get their accounts blocked for various different reasons.
When this companies block the payment account, all the recurring payment subscriptions are also cancelled.
If someone wants to build a SaaS Company, where it involves collecting lot of recurring subscription based payments, what can be the best possible way to accept money, so that the risk of account blocking is reduced.
I have heard that opening a merchant account and than using the Credit Card processing service can be helpful ? Is that right ?
When this companies block the payment account, all the recurring payment subscriptions are also cancelled.
If someone wants to build a SaaS Company, where it involves collecting lot of recurring subscription based payments, what can be the best possible way to accept money, so that the risk of account blocking is reduced.
I have heard that opening a merchant account and than using the Credit Card processing service can be helpful ? Is that right ?