Using Multiple Processors? Good or Bad?

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  • saveortho
    Registered User
    • Dec 2002
    • 6

    #1

    Using Multiple Processors? Good or Bad?

    Hi everyone.. I'm new around here

    with the new Visa fees,

    Do you guys think it is a good idea or a bad idea to have multiple processors?

    -s.o.
  • Darren
    Confirmed User
    • Sep 2001
    • 5994

    #2
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    • saveortho
      Registered User
      • Dec 2002
      • 6

      #3
      I am going to check them out right now.

      Do you think it is a necessity to have multiple processors if we are just starting out?

      s.o.
      Last edited by saveortho; 12-05-2002, 12:13 PM.

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      • gothweb
        Confirmed User
        • Jun 2002
        • 8849

        #4
        I don't think multiple processors will be an option for long. The whole reason to do it is to cut down on declines-- which is to say, to increase the risk of chargebacks. It seems pretty clear that Visa should like that even less than a lot of the stuff they have already figured out to ban.

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        • saveortho
          Registered User
          • Dec 2002
          • 6

          #5
          But right now... it's a good idea to have multiples? Or just stick with one?

          -s.o.

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          • gothweb
            Confirmed User
            • Jun 2002
            • 8849

            #6
            I guess I don't think it makes much sense. Sales go up a bit, chargebacks go up a bit, and there's more chance of things getting complicated with Visa down the road. Not a big deal now, though, so I could go either way, practically speaking.

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            • Pornkings
              Confirmed User
              • Oct 2002
              • 5334

              #7
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              • garry
                Confirmed User
                • Feb 2002
                • 680

                #8
                gothweb

                Think about what you are saying there. Why would the charge back ratio be any higher ??

                The scrub list that the processors use will be the same as if they where the only processor on your site. Its not like they are taking off the scrub because they are processor number 2 or 3.
                What you have to remember is that even though one of the processors are denying your credit card it doesnt have to mean that this is a stolen or bad credit card. The different processors have different scrubbing rules, thats why EVERYONE that we have installed the mpa2 program to have got at least 20% more signups. And not even 1% higher charge back ratio !

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