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gothweb · 10-04-2002, 11:49 AM

The billers seem to say they will still charge the same cut, because we are still just as protected and are offered just as much...

1. We are not just as protected. Now we can get blacklisted for having a high CB rate. Before, we could not. Less protection. Not zero protection, but nobody said the percentage should go to zero.

2. We now have to pay $750 to Visa to cover things that they used to cover. Why are we eating all of this cost, while the billers are getting part of the $250?

3. The differentiation between IPSPs and merchant accounts are lessened. Why isn't the cut that the IPSPs take lessened to account for that?

4. Holdbacks. We are getting 5-10% held back. This was supposed to cover chargebacks. Now, the picture is changed. You still going to keep 5% of my money for six months?

10-04-2002, 11:49 AM
gothweb Confirmed User Join Date: Jun 2002 Location: Back in the USSA Posts: 8,849	The billers seem to say they will still charge the same cut, because we are still just as protected and are offered just as much... 1. We are not just as protected. Now we can get blacklisted for having a high CB rate. Before, we could not. Less protection. Not zero protection, but nobody said the percentage should go to zero. 2. We now have to pay $750 to Visa to cover things that they used to cover. Why are we eating all of this cost, while the billers are getting part of the $250? 3. The differentiation between IPSPs and merchant accounts are lessened. Why isn't the cut that the IPSPs take lessened to account for that? 4. Holdbacks. We are getting 5-10% held back. This was supposed to cover chargebacks. Now, the picture is changed. You still going to keep 5% of my money for six months? __________________ Photos by Ian X.: Distinctive photos of goth babes. Blood Money:Your traffic, my sites, our money. MojoHost: Still the best.