Quote:
Originally posted by polish_aristocrat
yes, but on the other hand, the new 1% limit is going to eliminate most of the scammers and only the honest paysites
( programs ) will survive.
So there won't be a problem of who is honest and who's not anymore.
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Once again, you're deluding yourself.
Mastercard's 1 percent limit has been around for three years.
Yet so many processors have gone over so many times that MC is threatening to put them out of business. This is why PayPal pulled out, and others have simply disappeared.
I wouldn't count on Visa's new one percent rule solving any problems either.
There's no evidence that a one percent chargeback limit eliminates scammers in the industry.