Recent content by jk2493

  1. J

    Credit Card Processing Fees Refunds

    Further update on this Elacon circus and its not spelling mistake either. Not only do they NOT refund you the interchange fee, but when you refund a customer - Elacon create a new Second transaction, so they can charge you once more for getting money back from your bank and pay it back to the...
  2. J

    Credit Card Processing Fees Refunds

    Thank you for your reply guys. Elavon have been waste of time and money - for such larger merchant services providing company and still unable to handle calls, and offer callbacks on 2 days for account customers, which they never do - tried several times, Anyway from what it appears they...
  3. J

    3D secure liability shift

    Hello 3d secure - liability shift - need clarification From what i was told initially that if transaction are 3d secured successfully then liability shift goes to the card issuer, for non authorization claims. Now we have been recently told that, this is not always the case as there are...
  4. J

    Credit Card Processing Fees Refunds

    Hello Thank you for taking time to read this post. I thought i had most of the questions relating to accepting credit card payments online resolved by my current merchant account provider Elavon. our gateway is realex Only found out few months ago about them not refunding back the credit card...
  5. J

    Basic VAT advice please

    thank you once again for your replies. Im overwhelmed by the support and advice provided really appreciated, The reason for becoming VAT although margin will be 1.5% is that the value of the goods is high as you rightly say I am hoping to sell lots of different items and it will for sure take...
  6. J

    Basic VAT advice please

    Thank You Mr Richards This is great really appreciate it, The reason for me thinking that way possibly due to me not physcially holding onto any stock as such, I only give order to supplier once I receive the payment for an order from my customer so me paying paying on purchases and owing vat...
  7. J

    Basic VAT advice please

    Thank you both for your kind reply really appreciate it. I will check out the software mentioned aswell. Back to the questions so would following be right for the example above. Total Cost Price from supplier £107 ex vat £128.40 inc Vat Vat paid to Supplier: £21.40...
  8. J

    Basic VAT advice please

    Hello Everyone, thank you for taking time to read this, This being my first post on this great forum. So big thank you to all who are participating and making this forum possible. Ok, I am in due to complete a website on which I will be selling various consumer goods, from tech items to...
See more
Top Bottom
Community
Articles
Menu