Quote:
Originally posted by NBDesign
Ok, I have to agree with this statement....
VISA is getting a big head and needs to be brought down to reality. Someone needs to step in and regulate these companies like the did with public utilities...
Isn't it bad enough they charge us a percentage of our earnings... they want another 750 on top... Greedy fucking bastards!
Honestly.. who gives VISA or MasterCard... more money? Joe blow that may spend 300 a month... or an adult webmaster that may send them 10,000+ a month... they need to start taking care of the business owner and stop cowering to the individual that abuses their privilage.
I agree.. charge backs are a problem... most of which go uninvestigated... they just take their customers word.. They need to do more investigations to see if the chargeback is justified... or make better sure the sale is legit at the time it was made.
FUCK VISA and Master Card!!!
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i couldnt agree with you more nb. as i stated in another thread, the cc companies along with 3rd party processors and merchant services will get their money no matter what.
why couldnt they just implement a tracking system whereas someone who charges back 20 charges in a short period of time, most of those charge backs being of a specified nature (ie, fraudulant usage of a card involving a transaction of an adult nature) is monitored? it doesnt take a rocket scientist to figure out that joe blow just charged back 8 months of charges from porn site a this month and now 3 months later, he is charging back 6 months of charges from porn site c. only 7 month ago he charged back 5 months of charges from porn site b and maybe he threw in there a few charge backs from a sporting goods company (this is if he were slick enough to know that he was being watched...for a lack of better wording).
with the amount of money cc companies, and issuing banks for that matter, make, you would think they would take a portion of those profits and create a monitoring system. this would, without a doubt, cut down on fraud (or attempted fraud) and decrease the banks consumer credit card debit.
this just aggrevates me to death for visa & mc would rather lose money from one of the most profitable industries ever rather then trying to work with the industry where in the end they would make even more money. lets be honest, noone can ever have enough money.
just my
