Quote:
Originally posted by Madball
Think about the process costs. They have tons of banking guys processing chargeback requests, doing paperwork & talking to customers who insist they never authorized that charge. It all costs cash and it's in Visa's + all the banks' interest to minimize CBs since that maximizes their profits.
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must cost them a fortune! considering they pay their employee's 8$ an hour? each slave can probably process 100 charge backs per hour. i don't see how this can be expensive.. probably all computer generated.. enter their name .. what they are disputing print some bull shit out and bam.. it's done. to process a charge back for visa.. it probably costs them 2$ NOT EVEN.. that's like bitching because their users are using their visa card to much and slowing down their computers from processing so much data.. and they do not even re issue a credit card when some one says it is stolen.. some one should sue them for that and say they went over the 1% threashold because visa was not doing their job and re iussing credit cards becuase it would cost them 10 cents for a new card.