In the gaming industry, excessive chargebacks are common. That’s the reason why many major banks all over the world have implemented fine if the chargeback ratio is high for a gaming merchant. There are some processors who keep a certain percentage ratio for chargebacks for eg. 3% and if the chargeback exceeds 3 % the account will be terminated. In case if your account is terminated its highly impossible to get another merchant account.
Follow these steps so that your chances of approval are high:
Communication is the key. So have good communication with your customers and be transparent.
Immediately after the purchase send an email receipt that the transaction and sale is complete
Make sure that Website address, the business name is clearly visible. When the customer goes through the bank statement they should be able to recognize your business.
If you sense the customer is unhappy then process a full refund immediately.
Find reputable processors such as iPaytotal who offer effective chargeback protection for your merchant account.
An online gaming industry is a business that offers online gaming games as well as computer networking. A video game is either partly or wholly played online or on any other computer network accessible by the public.
In addition to the fact that there are many online games, there are also several websites that offer online games. These websites are mainly targeted at a specific type of consumer, although some may cater to a wide audience.
Gaming websites provide their customers with all sorts of information regarding gaming systems, gaming accessories and online gaming in general. They also have a lot of tips and advice for beginners and experts. Gaming websites generally have reviews and articles for potential customers.
Most of these online gaming websites will allow you to upload your own personal profile. You can also sign up for free trials. Many of them also offer free registration, in order to get your business out there as quickly as possible. Most gaming websites also have FAQ sections in which customers can post questions and receive answers from other members of their website.
Most gaming websites also have forums in which you can chat with other customers, share information and ideas. You can also interact with other members of the site and get to know about their experiences, or what they have learned from other members.
There are many things you can learn about online games by looking at customer feedback. For example, you can see what types of products people buy, what kind of services they receive and what types of things are important to them. You can also find out how much money they are willing to spend. By learning all of this, you can improve your ability to meet the needs of the gaming market.
If you want to try out an online game before you buy it, you can always take a look at what is offered. You may be surprised at what you can learn about an online game simply by looking at what other people say about it.
If you can't afford to buy an online game, you can find a lot of free games to play by visiting some gaming websites. You may want to play some of these games before you decide if you want to buy.
The gaming industry will continue to grow in the years to come. So if you have a hobby or are interested in becoming involved in the industry, you have no reason to wait.