Quote:
Originally posted by BRISK
I remember reading at the time that their reasons for not processing adult anymore were because of excessively high chargebacks in the industry.
|
was there a max. cb rate like 2.5% or 5% before they stopped ?
they said:
"We worked with merchants in the adult content industry for about a year and looked at various ways that we could bring down the customer dispute rates," she argues. "When the rates did not come down, we made the decision to have an industry-wide policy."
Visa is also "working with merchants" and trying to "bring down the customer dispute rates"now ...
