So I have been working hard lately and have been very successful. I am only going after clients that are willing to spend atleast $5000 upfront and few hundreds per month. So far everything has been smooth but I have a client who is ready to start but cannot pay via check. I would love to do business with him but I have some concerns
#1: I dont have a merchant account and I didnt think I would need one because so far I have been getting paid through checks. Transaction is going to be atleast $7000 so I dont think I can open up a paypal account or something similar, I am sure they are going to have a problem processing that much as first account transaction. I dont want money put on hold or get stuck and I cant start clients work on time.
#2: I am also a little worried about chargeback. Not that I will let there be a problem between me and client but I have personally chargebacked two transactions, one that wasnt authorized and the other where I wasnt happy. I got my money back just by making a call and I had to do nothing more than fill out a one page form.
So what do you guys suggest I use? Has any of you ever experienced a bad client who got the services from you and then chargedback. People are always looking for ways to avoid their bills and I am concerned about getting ripped off