I want to be a reseller for a company and I have a question about credit card payments. Drop shipping would be the best method but
I dont think the company offers that facility. So they sell product X on their website for 10 pounds, and allow me to have it for
say 9 to resell ( im new to all this so if you would like to offer some advice on what kind of percentage I should get off for being a reseller, that
would be much appreciated ) The customer purchases the item from my website and pays through credit card. Now, comes the part where I have to get that item to the customer, and im unsure about what the procedure is. Do I pay for the item by credit card to them, giving them the address of the customer and they
send the item to them? the problem i have with that is, there is an un necassary credit card payment, and to keep prices competative i would want to bi pass that, via the customer paying me by credit card and then at 3pm every day, bacs pay / wire pay the companies bank account. If i could do that then i would ask the company to drop the cost of the product to me by 2 / 3 percent for they would not be paying a credit card charge. BUT, does that mean I / my company is liable for all things that come under the cover of the credit card protection. Basically what im saying is, what is the normal procedure for reselling a product, where I dont package / send out the product myself. This brings to mind the issue of passing address details over to a 3rd party, thus do I have to inform the customer that I am doing that