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Originally posted by Kimmykim
And the most important point of all -- IF you have your own merchant account and you lose it, YOU then are disqualified to get ANY processing, including third party.
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I agree this is the most imprtant point of all. We already had a merchant account but decided to use CCBill because we knew there would be inherent chargeback risks -- regardless of how honest we are, how often we rotate/add content or how quickly we voluntarily issue refunds. If we stay with CCBIll now, however, the same blacklisting rules will apply... so it's fucked if you do, fucked if you don't. In fact, with the personal merchant account, our business can probablly survive longer if it goes above the 1% ratio since we have an established history with them (aren't just another face in the crowd).
My only question at this point is who makes the best membership billing software solution for multiple sites?
Quote:
Originally posted by Kimmykim
[blacklisting] Which I certainly hope happens to some of you idiots.
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Some of we idiots love you too KK
Quote:
Originally posted by kevinl
How were these scammers able to pull off these scams?
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I asked myself the same thing. If a 3rd party processors' fraud scrubbing is supposed to protect us from consumer fraud/chargebacks (presumably) then how can massive fraud by merchants go unoticed until it's too late?
That 15% is looking steeper by the minute. Luckily, we never set up an affiliate program so we don't have to worry about affecting other webmasters with our decision.