2004 VISA Predictions

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  • Rictor
    Old Timer
    • Jan 2001
    • 12208

    #1

    2004 VISA Predictions

    So, any rumors about credit card processing in 2004? Fees changing, chargeback ratios being enforced even more strictly, Mastercard fees, etc.?
  • Shoplifter
    Richest man in Babylon
    • Jan 2002
    • 5879

    #2
    Ibill is hitting clients with card association fees. Just got the email today.
    I Like Blondes

    Comment

    • Digipimp
      BP4L OT DL
      • Mar 2003
      • 13481

      #3
      Higher fees and lower chargeback levels = more extortion.

      Comment

      • EscortBiz
        Fuck Checks, CASH only!
        • May 2002
        • 19422

        #4
        Originally posted by Digipimp
        Higher fees and lower chargeback levels = more extortion.

        8 more to go, congrats

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        • Digipimp
          BP4L OT DL
          • Mar 2003
          • 13481

          #5
          Originally posted by EscortBiz


          8 more to go, congrats
          Thanks EB, I think I love you. I'm going to talk dirty to you on ICQ when I make it, and you're going to like it since I'm almost a big time player now.

          Comment

          • DatingGold
            $6 PER EMAIL JOiN
            • Feb 2003
            • 13185

            #6
            Originally posted by Shoplifter
            Ibill is hitting clients with card association fees. Just got the email today.
            Yeah they are saying anything over 1% you pay fees, even if your limit is 2% on the EU network. That pretty pathetic, I guess the good news is if you are under 1% you have nothing to worry about.
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            Comment

            • TheJimmy
              ICQ- five seven 0 2 5 5 0
              • Jan 2001
              • 10747

              #7
              Originally posted by Digipimp
              Higher fees and lower chargeback levels = more extortion.


              what he said...
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              Comment

              • Pornwolf
                Drunk and Unruly
                • Jan 2002
                • 22712

                #8
                Originally posted by Digipimp


                Thanks EB, I think I love you. I'm going to talk dirty to you on ICQ when I make it, and you're going to like it since I'm almost a big time player now.

                EB is not a she.
                I've trusted my sites to them for over a decade...

                Webair, bitches.

                Comment

                • jennycards
                  Confirmed User
                  • Feb 2002
                  • 1124

                  #9
                  Originally posted by DatingGold


                  Yeah they are saying anything over 1% you pay fees, even if your limit is 2% on the EU network. That pretty pathetic, I guess the good news is if you are under 1% you have nothing to worry about.
                  Actually I got that mail too and had only 5 (FIVE) chargebacks in the whole year 2003. And no, my sales are not THAT low
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                  Comment

                  • silent
                    Registered User
                    • Nov 2002
                    • 68

                    #10
                    Anybody received this month's payment from ibill eu?
                    I can not see my payment details or my check in CMI for this month yet.

                    Comment

                    • jennycards
                      Confirmed User
                      • Feb 2002
                      • 1124

                      #11
                      Originally posted by silent
                      Anybody received this month's payment from ibill eu?
                      I can not see my payment details or my check in CMI for this month yet.
                      Got the wire for 1/5 but still missing the one for 1/19. I just mailed my acct. rep. ... guess they are resolving some "issues"
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                      Comment

                      • JulianSosa
                        Confirmed User
                        • Aug 2003
                        • 3042

                        #12
                        Bye Bye recurring for 3rd party processors

                        Comment

                        • alan-l
                          Confirmed User
                          • May 2003
                          • 2477

                          #13
                          We'd been hearing all this year about MC following the VISA path, so guess it will be it. It is possible that VISA will put a little more pressure, wether lowering CB ratios or charging more, maybe a monthly fee. If so, loads fo newbies and wannabes will get outta biz, so prepare yer wallets for some nice sites for coins

                          Comment

                          • Carrie
                            Confirmed User
                            • Apr 2002
                            • 3162

                            #14
                            Supposedly more Visa *and* Mastercard regulations coming down the pike in March.

                            Don't expect the big 3rd-party billers to tell you anything about it though; remember how long they knew about the last one and sat on it until there were just a few weeks left to comply?

                            Comment

                            • JulianSosa
                              Confirmed User
                              • Aug 2003
                              • 3042

                              #15
                              Originally posted by Carrie
                              Supposedly more Visa *and* Mastercard regulations coming down the pike in March.

                              Don't expect the big 3rd-party billers to tell you anything about it though; remember how long they knew about the last one and sat on it until there were just a few weeks left to comply?
                              Does YOUR income rely on 3rd party recurring billing?

                              Comment

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