Quote:
Originally posted by Chris Mallick
Mitch:
I have to ask?
1. Are you aware that MC rules state that 15 chargebacks in a month put you in the fine program if you are over 1% combined credits and chargebacks?
2. Please tell me how any program of any volume can stay out of a $25,000.00 per month fine?
3. Also, are your clients processing both Visa and MC in one US Acquiring Bank?
I know we are seeing each other in Florida and sitting on yet another panel together so we can slug it out there, but for now, please answer these questions if you don?t mind.
C
PS: An EPOCH Post about MC's new rules will be out later today so you guys know where we stand on these issues.
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Good Question Chris - Will be interested with Mitch's reply !!