Quote:
Originally Posted by The Porn Nerd
But won't the increased scrub depress legit transactions as well?
So basically come Oct.1 expect less revenue as banks and 3rd party processers clamp down. Great. 
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As here in Jooroop we have had this for good time, the result is that more transactions gets cancelled, though it will lessen as people gets new cards, etc. But the good news is that many people just try another card if one card fails (if they have more than one card). But around here the whole chargeback thing is next to nothing, as there really isn't such thing unless there is real legitimate reason for that. And the legitimate cases go down with security measures (described in this thread).