I am intend to set up a domain reselling services. As you see the profit margin will be very low and once domain is registered, it will not be refundable from my domain service provider.

If someone purchase a domain from me with a stolen credit card, what will happen to the payment? Would i be able to recieve the payment which my service has been delivered? Or do i get nothing at all?
Anyway to prevent this happenning? I am currently looking to use Instillbill merchant account.


Thanks in advance

Simply put, you get screwed.. its a no win situation for you... unless of course you guys catch the culprit...

i might be wrong though... read the terms of service of the service your gonna resell... look for what their policy is for stolen credit cards..

I am currently using Instabill and even though they supposedly have a really good fraud protection service, I am positive that my latest sign up used a stolen credit card. Not 100% sure yet, but we are investigating. And I know if it comes out that the card is stolen, then we lose any service given.

Well it depends on who/what you use for credit autorisation purposes.

Worldpay, do a fraud protection plan were you pay extra ££'s month and you will not have to worry about stolen credit cards being used as you will still get your money.

Another, idea is to setup a merchant bank account from a bank lets say in the "uk" and get a online merchant from the "us" like this there is no way your online mechant can take any money back from your account.