Most of these sites will go down due to one big hurdle. Payments.
Underwriting merchants and get verified by Visa/MasterCard as a payment service provider is a bitch. Aggregating credit cards is a heavily regulated area - but most of these sites are unaware of this issue.
We initially started on Stripe, and got told what we were doing was unregulated/not allowed on stripe, so we then grabbed a coffee with them and learnt about this process.
In fact I was grabbing coffee with Sahil (Gumroad) a few months ago and they've just run into this issue themselves - which they are starting to solve. so you'll probably notice them asking you for more information to underwrite you, unless they find a way around this.
That's also why we ask users to go through an activate process.
Interesting. Does using Stripe Connect bypass this restriction since you are not actually handling any money? Or am I misunderstanding things?
Questionable site name, but well done! :) Cheers
Link based selling has been around for years. 2checkout, 1shoppingcart, ejunkie etc...
I started working on Chec in late 2010/early 2011, before groad launched. (https://www.facebook.com/checkoutbyswipe, if you wanna trace down to the day that page was setup) - It's a long story between then and today.
Short Version - University in England -> AngelPad Incubator -> Raised large seed -> Founder Split -> Had to rebuild new company.
We provide region specific shipping options for physical products, and will be doing tight integrations with UPS, Fedex, RoyalMail apis to help you with fulfilling physical items.
It seems a bit harsh. The seller has no control over the chargebacks and you actually 'punish' the seller for them and not the buyer. Digital files chargebacks are more common than you think. How do you decide if the chargeback should receive a strike in the even that the buyer simple doesn't answer any contact requests(happened to me more then once). I've also had buyers lie about the purchase when in fact I had IP and email proof that they wore actually the ones buying but the chargeback was submitted(and approved) because they said they wore not the ones who made the transaction. Is anyone else using this 3 strike rule?
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