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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Hi,
Sorry for the delay. I just saw this.
None of our merchants have had any fine issues except for one several months ago.
We have merchants at several banks in the US and offshore.
I will not be at Internext as my wife is due with our 3rd son in mid August. Our sales manager Karen will be on the panel with you instead. She is just there to help the webmasters and give information, not duke it out with you. That would be my job. :-) I;m sure you guys will have a good time.
Mitch
p.s. This will be my first missed show since 1998.
__________________
Mitch Farber
CEO - NETbilling, Inc.
Email / Phone: 888-357-8166 / 661-252-2456
Transaction processing & 24/7 call center services with exceptional rates and flexibility, since 1998!