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Kimmykim · 06-02-2003, 11:22 AM

Mastercard reserves the right to assess fees and fines for credits in the same manner as chargebacks, if certain conditions are met.

First you have to have a minimum of 15 cbs, more than 15 credits and the two combined must be >1% of CDC by transaction count.

Most likely not going to be something they go after the average low volume account for, but it's not just IPSPs that have been punished this way, more than one with their own merchant account has be slapped as well.

06-02-2003, 11:22 AM
Kimmykim bitchslapping zebras!!!!! Industry Role: Join Date: Jun 2001 Location: In a shack by the beach Posts: 16,015	Mastercard reserves the right to assess fees and fines for credits in the same manner as chargebacks, if certain conditions are met. First you have to have a minimum of 15 cbs, more than 15 credits and the two combined must be >1% of CDC by transaction count. Most likely not going to be something they go after the average low volume account for, but it's not just IPSPs that have been punished this way, more than one with their own merchant account has be slapped as well.