Merchant Account Underwriting Tools

Charity Fraud – They’re Processing Somewhere

As a pre underwriter for acquirers who board non -profits, foundations and charities I was interested in this study:

http://www.tampabay.com/americas-worst-charities/

I get calls on my “do not call” numbers weekly from these type of worms. “ Hey Everett, good buddy, how you doing. I’m just calling from over here at Wherever to see if you want to match your donations from last year to help out” Whoever. Hundreds of millions of dollars are drained annually by cretins. But probably few chargebacks. Then what is the downside for the processor? Don’t’ let your brand be sullied by these scammers.

We’re proud to be pre underwriting for a processor who is assiduous in weeding out this kind of business.

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