Quote:
Originally posted by NetRodent
Any truth to the following rumors:
1) Transactions under $10 are almost never charged back, since it costs more for the customers bank to process the charge back
so the bank credits the customer without doing a chargeback.
2) Very small recurring transactions (say $5.95 or less) are almost never cancelled and will consistently rebill at about 95%.
|
1) Transactions for dollar amounts less than $10 chargeback at a much lower rate than those of higher amounts.
2) Lower dollar recurring tends to have a longer retention and as stated in #1 they cbk at a lower rate
Clay
EPOCH