Quote:
Originally posted by goBigtime
Nothing has really changed in the chargeback arena then? It's still a non-swiped transaction and if they want to say "I didn't do it!" - they didn't do it. Of course you can then threaten to shut down their epassporte account.. but a carder isn't going to care about this  .. hes just going to sign up a bunch of people as fast as he can, then take that ATM card and pull the cash over a few days - rinse & repeat.
I have Big ideas & even bigger contact lists 
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It's not as simple as you make it sound. First, the "know your customer" idea comes into play on two levels. First, Flashcash is not going to make instant payments to first time affialtes. They will do this with those that they know and others as they qualify them. That just makes good sense. Second, yes, you can get an epassporte virtual Visa account in seconds and funds can be loaded up on the account, but to retrieve them you also need the physical Electron Visa card. That takes a few days and the card must be sent to a physical address. So you have a few days to qualify that affiliate as sending legit traffic before they can pull out any cash. Not to mention the fact that the card is being sent to a physical address and credit card fraud is a felony. Seems to me like a lot of trouble to go through if your a cheater because the risk of getting caught and jailed would be too great. And we know most of us are way too pretty for prison.
To address your other question, yes, the chargeback issue does change here. The purchase/load of an epassporte Visa is marked as a retail transaction and CB rules are very different here than they are for 5967 transactions. It is very difficult to chargeback an account funding transaction.
--Rand