Quote:
Originally posted by Chris Mallick
You know the answer to that one. Just for us. What really pisses me off is that "high risk merchants" have lower chargebacks than "mainstream merchants". But we are an easy target.
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The following are the maximum chargeback ratios allowed on Mainstream merchant accts:
Visa >2.50%
MasterCard >2.50%
Beyond these limits, fines are assessed from $25.00 to
$50.00 per transaction with significant increases if the
situation continues, including added review and
administration fees that can go as high as $25,000 and $500
respectively.
But soo far I didnt hear about anyone yet, enforcing this policy on mainstream merchants.