Got Email From PayCom About Revised Chargeback Ratios

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  • BluMedia
    Confirmed User
    • Dec 2002
    • 3973
    #1

    Got Email From PayCom About Revised Chargeback Ratios

    Got this email just now from Paycom, I thought chargeback ratios always had to be under 1%.....


    A Message From Chris Mallick

    EPOCH / Paycom was informed this morning by our bank regarding revised
    chargeback ratios and rules changes from Visa due to take affect later this
    year. These changes will affect all IPSP's and those entities which have their
    own merchant account.

    The new ratios are as follows:

    Effective October 1, 2003
    "Overall" Chargeback to Sales Ratio will be 1%; reduced from 2.5%

    Effective January 1, 2004
    "Foreign" Chargeback to Foreign Sales Ratio will be 2%; reduced from 2.5%

    I am sure that you will have questions, which we will try to answer ASAP.
    However, we have not had time to fully evaluate the new rules so our answers
    may not be as comprehensive as we would like. Clay Andrews and I are
    available tomorrow to answer your questions, by phone, or by email as we
    receive them.

    We wanted to make you aware of the new ratios as soon as possible. We are
    assessing them and will discuss options with you over the next several days.


    Christopher Mallick
    Chairman and Chief Executive Officer
    Paycom.net
    IntenseCash - If you can't convert us then you might want to look for a new job
    .
    BrokeStraightBoys.com converting 1:124 stats counted by Nats
    Tags: None
    • seven
      Confirmed User
      • Apr 2002
      • 2697
      #2
      Are they still better than nastercard rules?
      Toy Rev
      Rouge Web Design

        Comment

        • jeroman
          So Fucking Banned
          • Oct 2002
          • 356
          #3
          Dawn, I wanned to be first posting this

            Comment

            • thetrog
              Confirmed User
              • Jun 2003
              • 157
              #4
              Originally posted by seven
              Are they still better than mastercard rules?
              At a glance, it looks like they are more or less the same.

              So, no.

                Comment

                • woodman
                  Confirmed User
                  • Jan 2003
                  • 433
                  #5
                  i believe Mastercard combines the refund/chargeback number when looking at ratios, hence the Epoch lawsuit. Visa typically only looks at pure chargebacks when factoring the ration. Either way, get ready to be fined by the processors later this year. It will next to impossible to stay under 1%.

                    Comment

                    • Tipsy
                      Confirmed User
                      • Jul 2001
                      • 6989
                      #6
                      1%? Does this mean that the CC companies will be cracking down on fraud their end? Unfortunately it seems doubtful.
                      Ignorance is never bliss.

                        Comment

                        • thetrog
                          Confirmed User
                          • Jun 2003
                          • 157
                          #7
                          Originally posted by woodman
                          i believe Mastercard combines the refund/chargeback number when looking at ratios, hence the Epoch lawsuit. Visa typically only looks at pure chargebacks when factoring the ration. Either way, get ready to be fined by the processors later this year. It will next to impossible to stay under 1%.
                          Good point. I wonder if Visa will also start counting refunds as chargebacks, like MC does.

                          It would be interesting to hear feedback on this.

                            Comment

                            • PerfectionGirls
                              Too lazy to set a custom title
                              • Oct 2002
                              • 4484
                              #8
                              .37% on Visa... We have had a whopping 12 chargebacks in 20 months. But, damn.. its getting tight around here.
                              SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, then you may use a 624x80 instead of a 120x60.

                                Comment

                                • justsexxx
                                  Too lazy to set a custom title
                                  • Aug 2001
                                  • 13723
                                  #9
                                  Originally posted by PerfectionGirls
                                  .37% on Visa... We have had a whopping 12 chargebacks in 20 months. But, damn.. its getting tight around here.
                                  That means you make 5.5 sales per day right?

                                  Andre
                                  Last edited by justsexxx; 07-01-2003, 01:41 PM.
                                  Questions?

                                  ICQ: 125184542

                                    Comment

                                    • SinEmpire
                                      Confirmed User
                                      • Nov 2001
                                      • 9813
                                      #10
                                      I thought this was old news, I though the chargeback threshold was lowered to 1% over a year ago?

                                      Brad
                                      President at MojoHost | brad at mojohost dot com | Skype MojoHostBrad
                                      71 industry awards for hosting and professional excellence since 1999

                                        Comment

                                        • BluMedia
                                          Confirmed User
                                          • Dec 2002
                                          • 3973
                                          #11
                                          Originally posted by SinEmpire
                                          I thought this was old news, I though the chargeback threshold was lowered to 1% over a year ago?

                                          Brad
                                          That is exactly what I thought Brad
                                          IntenseCash - If you can't convert us then you might want to look for a new job
                                          .
                                          BrokeStraightBoys.com converting 1:124 stats counted by Nats

                                            Comment

                                            • s9ann0
                                              Confirmed User
                                              • Sep 2001
                                              • 4873
                                              #12
                                              use more checks!

                                                Comment

                                                • scooby doo as scooby does
                                                  Confirmed User
                                                  • Nov 2002
                                                  • 314
                                                  #13
                                                  Originally posted by woodman
                                                  It will next to impossible to stay under 1%.
                                                  That's not true.

                                                  Get rid of those non-free free AVS's, 24hr to cancel 3 day 'free' trials, misleading tours etc etc. In other words clean up your act and it's actually pretty fucking easy. That, of course, is what it's all about.

                                                  I've been under 1%, well under, for over two years with two processors.

                                                  Only made one sale tho.....






                                                  (P.S. That last bits a joke!)
                                                  Last edited by scooby doo as scooby does; 07-01-2003, 01:50 PM.
                                                  In 1904, Charles Newman-Berry connected two abacus's together using specially enhanced GrapeVine thus inventing the first Internet connection.

                                                  NEWMAN-BERRY CASH
                                                  Paying webmaster since 1904

                                                    Comment

                                                    • thetrog
                                                      Confirmed User
                                                      • Jun 2003
                                                      • 157
                                                      #14
                                                      Originally posted by SinEmpire
                                                      I thought this was old news, I though the chargeback threshold was lowered to 1% over a year ago?

                                                      Brad
                                                      The Mastercard chargeback threshold was lowered to 1 percent 3 years ago.

                                                      But Visa was always 2.5 until now, so if Visa is also 1 percent, this is not good news.

                                                      The one percent threshold has caused a ton of fines from MC so, a Visa one percent threshold may do the same.
                                                      Last edited by thetrog; 07-01-2003, 01:52 PM.

                                                        Comment

                                                        • quiet
                                                          we'll miss you our friend. RIP
                                                          • Sep 2001
                                                          • 25115
                                                          #15
                                                          Originally posted by scooby doo as scooby does

                                                          I've been under 1%, well under, for over two years with two processors.
                                                          same. i've been under 1% since i first started a paysite in 97...
                                                          we'll miss you our friend. RIP

                                                            Comment

                                                            • Mr.Fiction
                                                              Confirmed User
                                                              • Feb 2002
                                                              • 9484
                                                              #16
                                                              Originally posted by quiet

                                                              i first started a paysite in 97...
                                                              Fucking newbies.
                                                              Don't be lazy, protect free speech: ACLU | Free Speech Coalition | EFF | IMPA

                                                                Comment

                                                                • pornguy
                                                                  Too lazy to set a custom title
                                                                  • Mar 2003
                                                                  • 62910
                                                                  #17
                                                                  Visa and MC are getting out of hand..

                                                                  As far as I know there is not a charge back percentage for brick and mortor business... If there is it is most likly 3 or higher %..


                                                                  So now with this new Verified by Visa, where they say only the customer can use the card even online, ( because of a password ) Are they still going to give the customer a charge back?? If the customer is the only one that can use the card, then it seems that this will help with the number of CB. They can say to the customer you used your password so it must have been you...

                                                                  Ha, You know damn well they will say that the adult webmasters have found a way to steal the password and that it is fraud!!!


                                                                  Hey VISA
                                                                  PornGuy skype me pornguy_epic

                                                                  AmateurDough The Hottes Shemales online!
                                                                  TChicks.com | Angeles Cid | Mariana Cordoba | MAILERS WELCOME!

                                                                    Comment

                                                                    • Epoch
                                                                      Confirmed User
                                                                      • Jan 2002
                                                                      • 193
                                                                      #18
                                                                      Originally posted by pornguy
                                                                      Visa and MC are getting out of hand..

                                                                      As far as I know there is not a charge back percentage for brick and mortor business... If there is it is most likly 3 or higher %..


                                                                      So now with this new Verified by Visa, where they say only the customer can use the card even online, ( because of a password ) Are they still going to give the customer a charge back??

                                                                      Hey VISA
                                                                      Unfortunately VISA has recently prohibited the use of Verified by VISA by any merchant who does recurring billing.

                                                                      VBV is of no use to us in the fight against chargebacks, that is unless you want to do away with the recurring model.


                                                                      Clay
                                                                      EPOCH

                                                                        Comment

                                                                        • directfiesta
                                                                          Too lazy to set a custom title
                                                                          • Oct 2002
                                                                          • 30195
                                                                          #19
                                                                          What hurts and get you over the 1% fast is when a " member" decides to chargeback 3 to 6 months of memberships in one shot, with obviously no notice.

                                                                          I had that with Ibill, and they just processed it without asking any info from me ( logs, emails, etc...). The guy claimed he never used his card to join ( 6 statments and he wakes up only then...).

                                                                          Visa-Mc are making money out of this, so...
                                                                          I know that Asspimple is stoopid ... As he says, it is a FACT !

                                                                          But I can't figure out how he can breathe or type , at the same time ....

                                                                            Comment

                                                                            • scooby doo as scooby does
                                                                              Confirmed User
                                                                              • Nov 2002
                                                                              • 314
                                                                              #20
                                                                              Originally posted by Mr.Fiction


                                                                              Fucking newbies.

                                                                              Fucking pensioners.
                                                                              In 1904, Charles Newman-Berry connected two abacus's together using specially enhanced GrapeVine thus inventing the first Internet connection.

                                                                              NEWMAN-BERRY CASH
                                                                              Paying webmaster since 1904

                                                                                Comment

                                                                                • Porn2Rock
                                                                                  Registered User
                                                                                  • Jun 2003
                                                                                  • 45
                                                                                  #21
                                                                                  This may piss some people off, but I actually like the fact that the credit card companies are cracking down.

                                                                                  Why?

                                                                                  Hopefully, it will drive some of the scammers out of the business.

                                                                                  If you run a legit paysite with a good members area, you have no reason to fear chargebacks.

                                                                                  Happy customers don't chargeback -- they renew!
                                                                                  SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, then you may use a 624x80 instead of a 120x60.

                                                                                    Comment

                                                                                    • solonline
                                                                                      Confirmed User
                                                                                      • Jan 2003
                                                                                      • 718
                                                                                      #22
                                                                                      If you dont fuck joe customer, let em find the cancle button, and actually give the filth you promise on ya tour then 1 percent is a breeze. We hover around .045 percent across all sites combined and give or take the odd rough week when we crawled up a point or two its been level like that for over 2 years.

                                                                                        Comment

                                                                                        • Kimmykim
                                                                                          bitchslapping zebras!!!!!
                                                                                          • Jun 2001
                                                                                          • 16015
                                                                                          #23
                                                                                          Originally posted by Porn2Rock
                                                                                          This may piss some people off, but I actually like the fact that the credit card companies are cracking down.

                                                                                          Why?

                                                                                          Hopefully, it will drive some of the scammers out of the business.

                                                                                          If you run a legit paysite with a good members area, you have no reason to fear chargebacks.

                                                                                          Happy customers don't chargeback -- they renew!
                                                                                          I hate to burst your bubble here pal, but you are clueless.

                                                                                          If you are calling the largest programs on the web scammers, then I'd like to see some proof.

                                                                                          Of course in my discussion earlier today with one of, if not, the largest, I predicted these jolly little rants from people trying to spout off about how to run a multi million dollar per month business when they had no real experience with it.

                                                                                            Comment

                                                                                            • tony299
                                                                                              lurker
                                                                                              • Aug 2002
                                                                                              • 57021
                                                                                              #24
                                                                                              Originally posted by Kimmykim


                                                                                              I hate to burst your bubble here pal, but you are clueless.

                                                                                              If you are calling the largest programs on the web scammers, then I'd like to see some proof.

                                                                                              Of course in my discussion earlier today with one of, if not, the largest, I predicted these jolly little rants from people trying to spout off about how to run a multi million dollar per month business when they had no real experience with it.

                                                                                              Kim I think you should reread his post, it said nothing about big programs.

                                                                                                Comment

                                                                                                • Lensman
                                                                                                  GFY Chaperone
                                                                                                  • Jan 2001
                                                                                                  • 9846
                                                                                                  #25
                                                                                                  How many non-adult online merchants have less than 1% chargeback ratio?

                                                                                                    Comment

                                                                                                    • Porn2Rock
                                                                                                      Registered User
                                                                                                      • Jun 2003
                                                                                                      • 45
                                                                                                      #26
                                                                                                      I run adult paysites and non-adult sites.

                                                                                                      All have chargeback ratios of less than 0.5%

                                                                                                      Treat your customers right and you will have nothing to fear.
                                                                                                      SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, then you may use a 624x80 instead of a 120x60.

                                                                                                        Comment

                                                                                                        • Kimmykim
                                                                                                          bitchslapping zebras!!!!!
                                                                                                          • Jun 2001
                                                                                                          • 16015
                                                                                                          #27
                                                                                                          Originally posted by tony404



                                                                                                          Kim I think you should reread his post, it said nothing about big programs.
                                                                                                          No tony (sweetie) what I am saying is that it is IMPOSSIBLE as a high volume pay per signup program operator to keep the cart on this track, so to speak.

                                                                                                          I don't know how I can be more clear than the sentence above.

                                                                                                          The potential ramifications of all this are something I am still thinking over in my own mind, before I'll have any comments on it.

                                                                                                            Comment

                                                                                                            • Kimmykim
                                                                                                              bitchslapping zebras!!!!!
                                                                                                              • Jun 2001
                                                                                                              • 16015
                                                                                                              #28
                                                                                                              Originally posted by Lensman
                                                                                                              How many non-adult online merchants have less than 1% chargeback ratio?
                                                                                                              The ones doing no volume lol.

                                                                                                                Comment

                                                                                                                • tony299
                                                                                                                  lurker
                                                                                                                  • Aug 2002
                                                                                                                  • 57021
                                                                                                                  #29
                                                                                                                  Originally posted by Lensman
                                                                                                                  How many non-adult online merchants have less than 1% chargeback ratio?

                                                                                                                  Its very very low, we had a lingerie business. It did ok but was a pain in the butt . We never had a chargeback, it was around for about a year.

                                                                                                                    Comment

                                                                                                                    • Porn2Rock
                                                                                                                      Registered User
                                                                                                                      • Jun 2003
                                                                                                                      • 45
                                                                                                                      #30
                                                                                                                      I bet Amazon.com has a chargeback ratio of well under 0.5%

                                                                                                                      Why?

                                                                                                                      Because they have EXCELLENT customer service.

                                                                                                                      Get real, man.

                                                                                                                      If you have a high chargeback ratio, look in the mirror.
                                                                                                                      SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, then you may use a 624x80 instead of a 120x60.

                                                                                                                        Comment

                                                                                                                        • Kimmykim
                                                                                                                          bitchslapping zebras!!!!!
                                                                                                                          • Jun 2001
                                                                                                                          • 16015
                                                                                                                          #31
                                                                                                                          Originally posted by Porn2Rock
                                                                                                                          I bet Amazon.com has a chargeback ratio of well under 0.5%

                                                                                                                          Why?

                                                                                                                          Because they have EXCELLENT customer service.

                                                                                                                          Get real, man.

                                                                                                                          If you have a high chargeback ratio, look in the mirror.
                                                                                                                          I'll refer to my initial sentence again. My point's been proven.

                                                                                                                          Off to do some pondering.

                                                                                                                            Comment

                                                                                                                            • tony299
                                                                                                                              lurker
                                                                                                                              • Aug 2002
                                                                                                                              • 57021
                                                                                                                              #32
                                                                                                                              Also worked for a used mac seller online and never had a cb either but we were discouraged from taking cc from women. He said they were more likely to cb lol.

                                                                                                                                Comment

                                                                                                                                • seven
                                                                                                                                  Confirmed User
                                                                                                                                  • Apr 2002
                                                                                                                                  • 2697
                                                                                                                                  #33
                                                                                                                                  Originally posted by tony404
                                                                                                                                  Kim I think you should reread his post, it said nothing about big programs.
                                                                                                                                  Besides most multi-million dollar/month programs are based on paysite plug-ins and 10 year old licensed content aren't they? 10 upsell attempts before subscriber can view content? When they say "updates" they mean "plug-in update". And they do big volumes also? So they maybe big yet I'd guess chargeback risk % for them would be much higher than smaller original programs
                                                                                                                                  Toy Rev
                                                                                                                                  Rouge Web Design

                                                                                                                                    Comment

                                                                                                                                    • Porn2Rock
                                                                                                                                      Registered User
                                                                                                                                      • Jun 2003
                                                                                                                                      • 45
                                                                                                                                      #34
                                                                                                                                      Hey Kimmy,

                                                                                                                                      Before you go, please tell us what YOUR chargeback ratio is.

                                                                                                                                      Enlighten us.
                                                                                                                                      SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, then you may use a 624x80 instead of a 120x60.

                                                                                                                                        Comment

                                                                                                                                        • Cindyff
                                                                                                                                          Confirmed User
                                                                                                                                          • Sep 2002
                                                                                                                                          • 1187
                                                                                                                                          #35
                                                                                                                                          Originally posted by Porn2Rock
                                                                                                                                          This may piss some people off, but I actually like the fact that the credit card companies are cracking down.

                                                                                                                                          Why?

                                                                                                                                          Hopefully, it will drive some of the scammers out of the business.

                                                                                                                                          If you run a legit paysite with a good members area, you have no reason to fear chargebacks.

                                                                                                                                          Happy customers don't chargeback -- they renew!
                                                                                                                                          That's a very simplistic statement and i am assuming you don't run a successful paysite or you would be well aware that there are thousands of jerks online trying every way possible to access paysite porn for free. They write rubber checks, they use hacking programs to steal passwords they visit password sites to share passwords and yes they use their credit card or their parents credit card and deliberately charge it back. If you think this 1% move by Visa will stop fraud on the web you have a big surprise coming.

                                                                                                                                          Cindy ff

                                                                                                                                            Comment

                                                                                                                                            • solonline
                                                                                                                                              Confirmed User
                                                                                                                                              • Jan 2003
                                                                                                                                              • 718
                                                                                                                                              #36
                                                                                                                                              Well we done alot of bucks, over 2.5 years trading.
                                                                                                                                              and yes our chargbacks have always been under 1 percent.

                                                                                                                                              We cancle on request, have kick ass content for our "kink" and update the hell out of all our sites.


                                                                                                                                              It can and has been done!
                                                                                                                                              Take it or leave it....1 percent dont give us no headaches here.

                                                                                                                                              1 thing we did notice is chargebacks came mostly from special offer deals we run. we dont use trials much apart from 1 site, going for a 10 day or 2 week miniumum purchase,
                                                                                                                                              maybe thats just our kind of customer, still.......

                                                                                                                                              I need sleep.

                                                                                                                                                Comment

                                                                                                                                                • woodman
                                                                                                                                                  Confirmed User
                                                                                                                                                  • Jan 2003
                                                                                                                                                  • 433
                                                                                                                                                  #37
                                                                                                                                                  Originally posted by tony404
                                                                                                                                                  Also worked for a used mac seller online and never had a cb either but we were discouraged from taking cc from women. He said they were more likely to cb lol.
                                                                                                                                                  merchants have much better chargeback dispute rights on tangible products vs. digital content. You cannot prove to a bank delivery of a digital download but you can proof UPS has a signature on file.

                                                                                                                                                    Comment

                                                                                                                                                    • skazzel
                                                                                                                                                      Confirmed User
                                                                                                                                                      • Jun 2002
                                                                                                                                                      • 270
                                                                                                                                                      #38
                                                                                                                                                      Originally posted by tony404
                                                                                                                                                      Also worked for a used mac seller online and never had a cb either but we were discouraged from taking cc from women. He said they were more likely to cb lol.

                                                                                                                                                      Don't pitch the bitch!
                                                                                                                                                      FTVGirls simply convert better.
                                                                                                                                                      More free content than SobeGirl and
                                                                                                                                                      conversions almost as good as Swoit!

                                                                                                                                                        Comment

                                                                                                                                                        • seven
                                                                                                                                                          Confirmed User
                                                                                                                                                          • Apr 2002
                                                                                                                                                          • 2697
                                                                                                                                                          #39
                                                                                                                                                          Originally posted by Cindyff
                                                                                                                                                          That's a very simplistic statement and i am assuming you don't run a successful paysite or you would be well aware that there are thousands of jerks online trying every way possible to access paysite porn for free. They write rubber checks, they use hacking programs to steal passwords they visit password sites to share passwords and yes they use their credit card or their parents credit card and deliberately charge it back. If you think this 1% move by Visa will stop fraud on the web you have a big surprise coming.
                                                                                                                                                          And you have to run a "successful" website to know that?
                                                                                                                                                          Toy Rev
                                                                                                                                                          Rouge Web Design

                                                                                                                                                            Comment

                                                                                                                                                            • tony299
                                                                                                                                                              lurker
                                                                                                                                                              • Aug 2002
                                                                                                                                                              • 57021
                                                                                                                                                              #40
                                                                                                                                                              Originally posted by skazzel



                                                                                                                                                              Don't pitch the bitch!

                                                                                                                                                              Thats what he used to say lol I wanted to be nice and not say that lol.

                                                                                                                                                                Comment

                                                                                                                                                                • Kimmykim
                                                                                                                                                                  bitchslapping zebras!!!!!
                                                                                                                                                                  • Jun 2001
                                                                                                                                                                  • 16015
                                                                                                                                                                  #41
                                                                                                                                                                  Originally posted by Porn2Rock
                                                                                                                                                                  Hey Kimmy,

                                                                                                                                                                  Before you go, please tell us what YOUR chargeback ratio is.

                                                                                                                                                                  Enlighten us.
                                                                                                                                                                  Well let's see, in 4+ years in this business, I've pretty much seen EVERY BIG PROGRAMS (and most of the small ones that still do good volume) chargeback rate at some point.

                                                                                                                                                                  Now you can consider yourself enlightened.

                                                                                                                                                                    Comment

                                                                                                                                                                    • seven
                                                                                                                                                                      Confirmed User
                                                                                                                                                                      • Apr 2002
                                                                                                                                                                      • 2697
                                                                                                                                                                      #42
                                                                                                                                                                      Originally posted by solonline
                                                                                                                                                                      Take it or leave it....1 percent dont give us no headaches here.
                                                                                                                                                                      It gives me a headache thou just cos "what if.. or just in case"
                                                                                                                                                                      Toy Rev
                                                                                                                                                                      Rouge Web Design

                                                                                                                                                                        Comment

                                                                                                                                                                        • StacyCat
                                                                                                                                                                          Confirmed User
                                                                                                                                                                          • May 2002
                                                                                                                                                                          • 1167
                                                                                                                                                                          #43
                                                                                                                                                                          So, who has had a chargeback rate of over 1% in the past.

                                                                                                                                                                          There are several on here that are putting their data on here, what company has excedded that rate? And, how is their business model different than those that have kept it lower?

                                                                                                                                                                            Comment

                                                                                                                                                                            • Nosmo King
                                                                                                                                                                              Registered User
                                                                                                                                                                              • Mar 2003
                                                                                                                                                                              • 33
                                                                                                                                                                              #44
                                                                                                                                                                              LOL. It does not matter whether your program is "big" or small. If you have a good product and good service you will have very few chargebacks. There is no rocket science involved. A number of webmaster here have posted their low chargeback rates. It is very possible to keep chargebacks well below 0.5%, let alone 1%.

                                                                                                                                                                              Most of the larger programs have all sorts of strategies that maximize sales but increase chargebacks, like hiding $40 rebilling in small print or making it very hard for a member to cancel his subscription. Those guys should be scared because they are the ones who will pass 1% unless they change their tune.

                                                                                                                                                                              Count me in as thinking this will clean up shifty business practices.

                                                                                                                                                                              But if Visa ever lowers the threshold to 0.25% then I'll be screaming!

                                                                                                                                                                                Comment

                                                                                                                                                                                • John3
                                                                                                                                                                                  Confirmed User
                                                                                                                                                                                  • May 2003
                                                                                                                                                                                  • 1214
                                                                                                                                                                                  #45
                                                                                                                                                                                  hmmmm.

                                                                                                                                                                                  bye-bye recurring?

                                                                                                                                                                                  Hook 'em.

                                                                                                                                                                                    Comment

                                                                                                                                                                                    • ADL Colin
                                                                                                                                                                                      Too lazy to set a custom title
                                                                                                                                                                                      • Feb 2001
                                                                                                                                                                                      • 11929
                                                                                                                                                                                      #46
                                                                                                                                                                                      Originally posted by Nosmo King
                                                                                                                                                                                      LOL. It does not matter whether your program is "big" or small. If you have a good product and good service you will have very few chargebacks. There is no rocket science involved. A number of webmaster here have posted their low chargeback rates. It is very possible to keep chargebacks well below 0.5%, let alone 1%.

                                                                                                                                                                                      Most of the larger programs have all sorts of strategies that maximize sales but increase chargebacks, like hiding $40 rebilling in small print or making it very hard for a member to cancel his subscription. Those guys should be scared because they are the ones who will pass 1% unless they change their tune.

                                                                                                                                                                                      Count me in as thinking this will clean up shifty business practices.

                                                                                                                                                                                      But if Visa ever lowers the threshold to 0.25% then I'll be screaming!
                                                                                                                                                                                      Listen to Kim. Learn.


                                                                                                                                                                                      Adult Date Link - $50 PPS starting NOW! -- good and JUICY!

                                                                                                                                                                                      skype = "adultdatelink"

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                                                                                                                                                                                        • Kimmykim
                                                                                                                                                                                          bitchslapping zebras!!!!!
                                                                                                                                                                                          • Jun 2001
                                                                                                                                                                                          • 16015
                                                                                                                                                                                          #47
                                                                                                                                                                                          Originally posted by StacyCat
                                                                                                                                                                                          So, who has had a chargeback rate of over 1% in the past.

                                                                                                                                                                                          There are several on here that are putting their data on here, what company has excedded that rate? And, how is their business model different than those that have kept it lower?
                                                                                                                                                                                          Well StacyCat, why don't you ask all the fine folks who are putting their data up just how many of them have ever done more than 500 joins a day consistently and pay their resellers per signup.

                                                                                                                                                                                          It's a sad thing when Colin is the only one who understands the potential here.

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                                                                                                                                                                                            • Probono
                                                                                                                                                                                              Confirmed User
                                                                                                                                                                                              • Oct 2002
                                                                                                                                                                                              • 2731
                                                                                                                                                                                              #48
                                                                                                                                                                                              Originally posted by Porn2Rock
                                                                                                                                                                                              I bet Amazon.com has a chargeback ratio of well under 0.5%

                                                                                                                                                                                              Why?

                                                                                                                                                                                              Because they have EXCELLENT customer service.

                                                                                                                                                                                              Get real, man.

                                                                                                                                                                                              If you have a high chargeback ratio, look in the mirror.
                                                                                                                                                                                              I am not sure what their ratio is but I have three chargebacks this year that also charged back to Amazon on the same form.

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                                                                                                                                                                                                • John3
                                                                                                                                                                                                  Confirmed User
                                                                                                                                                                                                  • May 2003
                                                                                                                                                                                                  • 1214
                                                                                                                                                                                                  #49
                                                                                                                                                                                                  Originally posted by StacyCat
                                                                                                                                                                                                  So, who has had a chargeback rate of over 1% in the past.

                                                                                                                                                                                                  There are several on here that are putting their data on here, what company has excedded that rate? And, how is their business model different than those that have kept it lower?
                                                                                                                                                                                                  it has nothing to do with a business model. it's online sales, period.

                                                                                                                                                                                                  Dpes anyone know where credits fit into the equation now?

                                                                                                                                                                                                  Hook 'em.

                                                                                                                                                                                                    Comment

                                                                                                                                                                                                    • Kimmykim
                                                                                                                                                                                                      bitchslapping zebras!!!!!
                                                                                                                                                                                                      • Jun 2001
                                                                                                                                                                                                      • 16015
                                                                                                                                                                                                      #50
                                                                                                                                                                                                      There was nothing in the published rule change regarding credits as far as I have heard.

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