Here is the e-mail I got:
TopBucks webmasters:
Many webmasters have expressed concerns about the new thresholds
and regulations handed down by Visa and the IPSPs (especially
Epoch/Paycom, our primary processor) over the recent weeks, and
we?d like to take a moment to explain how these policy changes
will affect the TopBucks program.
We are currently analyzing all the data in order to figure out
whether it will be necessary to reduce our payout rates or not; no
final decision has been made at this time. If and when the
reduction in payout rate takes place, it will occur on the
transition from one pay period to the next (August 1st or August
16th, for example), and TopBucks webmasters will be provided 2
weeks notice before any change in payout rates takes place.
The overall chargeback rate for TopBucks is very low; we are just
over the 1% threshold set by Visa, and we?re confident that making
the changes proscribed by Epoch will enable us to be in compliance
with the 1% rate by the time the new threshold becomes official in
October.
While the new Visa regulations and resulting changes to the IPSP
policies do present a challenge, we at TopBucks remain optimistic
about the future, and we are working hard to ensure that our
webmasters are impacted as little as possible by the recent changes.
If you have questions or concerns regarding the status of your
TopBucks account, please contact
[email protected] and we will
review your account with you in greater detail.
Thank you, and best regards
Quentin Boyer
Director of Marketing and Public Relations
Cyberheat Inc.
TopBucks/OneVerify