how much % of chargebacks are you allowed and what happens when you go over?

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  • Fucksakes
    Shit... Fuck! What the Hell?
    • Dec 2003
    • 7567
    #1

    how much % of chargebacks are you allowed and what happens when you go over?

    see topic.
    Tags: None
    • Pete
      Confirmed User
      • Jan 2001
      • 6617
      #2
      If you go over you get ass raped by a big ni_gger.
      Evoke Electronics

        Comment

        • Fucksakes
          Shit... Fuck! What the Hell?
          • Dec 2003
          • 7567
          #3
          Originally posted by Pete
          If you go over you get ass raped by a big hahahahahaha.
          can you explain that in a professional level.

            Comment

            • TzarJorge
              Confirmed User
              • Jun 2003
              • 659
              #4
              it's actually like he said...

                Comment

                • polish_aristocrat
                  Too lazy to set a custom title
                  • Jul 2002
                  • 40377
                  #5
                  i think it's about 1% nowadays
                  I don't use ICQ anymore.

                    Comment

                    • sherie
                      Confirmed User
                      • Feb 2002
                      • 7020
                      #6
                      1% and if you go over you can be fined and or have your program shut down. You should just research the processors for more information. www.ccbill.com and www.epoch.com/paycom.com. You should find all the answers you're looking for there.
                      AIM sherierocks
                      ICQ 127-296-286
                      Skype traffichor

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                        • Nysus
                          Confirmed User
                          • Aug 2001
                          • 7817
                          #7
                          Another good thing to note is you get are charged a penalty for any chargebacks too.

                          Matt
                          What name is pr0 / Untouched Markets using these days? Untouched Markets - pr0 - Refund My Money Now

                          Someone owes me $2,000 because they didn't do any work that was paid for *pointing at pr0 / William / UntouchedMarkets*

                          See http://www.gfy.com/showthread.php?p=16744521 and for more detailed see http://www.gfy.com/showthread.php?t=948645

                            Comment

                            • whodarkman
                              Confirmed User
                              • Dec 2004
                              • 203
                              #8
                              The process is charge a fee - which they obviously pass back unto you. The fee increases with every % level you go over the fee. Then the processors account will be decline and no longer be able to process.....But they will shut you down before all that happens.
                              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, you may use a 624x80 instead of a 120x60. Let me repeat... A 120 x 60 button and no more that 3 lines of DEFAULT SIZE AND COLOR text.

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                                • Kimmykim
                                  bitchslapping zebras!!!!!
                                  • Jun 2001
                                  • 16015
                                  #9
                                  Different regions have different allowable limits and penalties for exceeding those limits. In the US, the rule is 1% CDC with a minimum of 100 chargebacks per month for Visa to pay much attention to you. This applies whether you have your own merchant account or are a sponsored merchant with a legitimate IPSP.

                                  In other regions, Asia for instance, the allowables are double that -- 2% and 200 chargebacks to qualify.

                                  EU is currently 2% I believer, but there is a rumor that is going to be reduced by quite a bit in the coming months.

                                    Comment

                                    • Kimmykim
                                      bitchslapping zebras!!!!!
                                      • Jun 2001
                                      • 16015
                                      #10
                                      Oh, as to what happens when you go over.

                                      If you have your own merchant account, you are charged for each and every CDC you incur, different banks have different fees, some as little as $10 per chargeback and some as high as $25 per chargeback. If you are on an IPSP, I believe that most of them will eat the fees as part of the % they charge you to process your transactions, up to a point at least.

                                      If you get into fine trouble, it's generally $100 per chargeback at that point.

                                      Mastercard, in its infinite wisdom, reserves the right to count your credits against you for fine purposes, if they determine that you are issuing credits solely to avoid chargebacks.

                                      Whether you win or lose a chargeback really doesn't matter as far as the card associations are concerned, the fact that one was initiated is what counts.

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