visa lowered chargeback ratio to 1%???

Most of the Issuing banks in US are not 3D enrolled, and they do not accept payments to be made on 3D merchant accounts

They block 3D merchant terminals and your approval rate will go down.


Mitch, (or anyone else) care to chime in ?

I have seen our processors decline the transaction on 3ds sometimes. My guess is that it is a reported stolen card used.

I can change my 3ds password at one of my banks with my birth date and the last 4 digits of my Social Security number (USA). If someone broke into my house, or knew you, they might well have that information?

I see carders using multiple cards with different names too. Usually they are on my proxy/VPN list (not mini-fraud only)

#curl https://ipinfo.io/8.8.8.8 you can do this in real time and scrub.
https://github.com/arineng/nicinfo nicinfo is written in ruby you can scrub ASblocks with it

By scrub: I mean 3ds ONLY or GTFO -- some legitimate customers will use proxies and VPNs. They are at work fucking off and don't want to get caught. They are in countries that cut your head off for doing or viewing porn or cams.


A reversed charge does not count against your charge back ratio with the credit card associations. A reversed charge with -0- loss (for a good reason) I have no issue with.

Of course, I don't like to leave money on the table but you will toss some wheat out with the chaff. I have people that refuse sms verification too. I don't know if they are carders or people with privacy issues.

Ultimately, we want operate an 'internet wallet' using SEPA and ACH. However, this would deny impulse purchases. I think most of our established customers would fund their wallets with $100 -$300 to avoid the billing hassles. There are regulatory issues however -- a merchant can sell his own goods on any terms agreed. MTA (money transfer agents) like VISA, PayPal are subject to US MTA regs and similar regs in the EU. This is a direct sale with the customer -- different set of laws ...

Some not most.
Chase does
Bank of America does not
Bank of America N.A. does
Capital One does
First Merit does
Ally does not (on their debit cards)
List goes on

Enjoy wasting your time trying to fight your charge backs -- I have better things to do with my personnels' time -- like fraud prevention

3ds is a tool not an absolute.{*** except for hard cases -- suspected carders or Proxy or VPN users}

Also there is no "3ds" terminal -- the customer is redirected to his issuing bank's URL and imputs his verification on that bank's server. SSL

Yes most 3d secure passes are static and stolen.