Coins & Collectables*
April 27, 2021
April 27, 2021
Coins & Collectibles have been passed on through generations, passed along and sold at local flea markets and shops for hundreds of years. While the items have only continued to grow in value, the methods of trading them have digitally evolved and transitioned to online sales. Where there are physical items of high value online, there are always fraudulent replicas on the web. When customer is unable to hold the item and examine it in detail before signing away their payment for it, there is a higher chance of dissatisfaction when the goods arrive at their doorstep.
Rare Coins & Collectables values are constantly changing. Demands rise and fall. Not all customers are aware of these shifts in value at the time of their purchase. When the good arrives and they look for resale value and see it has depreciated, chargebacks occur. These high ticket chargebacks are a risk to banks and payment processors such as Square, PayPal, and Stripe. They can give you the runaround and leave you without a payment processor for weeks while you miss out on potential business.
High Risk Payment Pros gives you the ability to sell with confidence, knowing that even with the potential risk of chargebacks your payment processing will not be shut down for weeks at a time. Don’t put your businesses reputation at stake, and leave it in the hands of experts of high risk industries.