can anyone confirm this? how will this affect the market since the 2% has been the norm for so long? i'm sure we'll see more scrubbing on behalf of third party billers, but hopefully some good can come out of this- namely the nail in the coffin to all the shady operators still out there...
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ok got a confirmation. this is HUGE news, but all this board cares are stupid trump and pussy posts. this will kill a lot of the dating, will bring ad prices significantly down across the board and hurt tubes. will hurt also small paysites and affiliates who relied too much on promoting aggressive products. -
Agreed, though honestly, the reason there are shady operators at all is that they find a way to circumvent and thresholds (rotating billers and merchant accounts, for example to keep percentages lower per account).
Really, it should come as little surprise that this board is nowhere near business-centric. I think it's pretty evident that the demographics at GFY are largely non-business oriented. Realistically, this forum in particular should just be called Fucking Around and remove the business part of it. There's other places to discuss business, among business minded people, that I am sure you are aware of. It's important news, so I would suggest posting it to there instead of here.NSFWComment
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Visa USA has always been 1%, the drop from 2% to 1% only affects EU merchants. For any third party billers that were already using Visa US it's business as usual, which I believe are most of the big guys.
The new chargeback threshold comes into effect as of July 1st but will take into account transactions made in June.Kenny -at- YourPaysitePartner.com
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Actually this is HUGE news. Even if it "only" involves EU customers it will have an overall deadening effect. In fact, I have noticed the scrub (using CCBill) is WAY up in June compared to May.
The problem, of course, is if you use a third party biller than your account is likely to get 'swept up' with other CB-heavy accounts so even if your account is 'clean' you may still feel the effects.My Affiliate Programs:
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Things are intertwined even when they shouldn't be. I could be wrong, would not be the first time, but lowering the ratio from 2% to 1% is not a good thing I think.
Also, I mean that 3rd party billers are running their merchant accounts through one of two 'adult friendly' banks. So basically EVERY adult transaction is being run through those banks. So if a biller has accounts with a lot of CBs do you think that would affect your individual account or no?My Affiliate Programs:
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Big news definitely!Comment
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Time to get more MIDSC H R I S
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You are wrong it is not the shady operators -- it's the shady customers (fraudsters) behind VPN, tor and other proxies.
Using 3ds, IP greylisting, sms verifications and other methods, including fingerprinting customers at the access points to our PCI-DSS billing servers, has reduced our chargeback ratio to near 0.20 % now. (.0020)
3rd party billers are suckers for scammers -- we are not. We can't afford to be.
You would be surprised at all the fraud being hidden behind VPN and proxies at well known data centers. Rouge customers with cloud server accounts mainly.Comment
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DWW is on the list too. Mommy chargebacks are a big item too. But cloud servers that fraudsters are hiding behind are 70% of the issue. Detect those properly and the chargeback rates drop phenomenally.
Ripping off porn sites is easy R&R for hackers. Also, lot of fraud is with set-ups by models and their boyfriend carders too in the cam business. You should see how some of these models protest when they don't get the money that their carder boyfriend spent and we reversed the transaction before the chargeback occurred -- we have people monitoring for unusual or illicit behavior around the clock.
BIN errors a USA card used in Europe or Asia always needs 3ds verification -- the big problem is with the participating banks; my own Bank of America credit card will not verify for the reason that Bank of America (my ''issuer'') does not use Master Card Secure. A lot of US banks are not participating in 3ds (Secured by VISA and Master Card Secure). Western European banks are more apt to verify.
I force new customers to 'virtually' bend over and spread their cheeks then stuff the proverbial rubber gloved hand up their ass, with as much lube as possible, on intake -- if you don't you will get ripped off with online transactions.Comment
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With cams I can see this being a much larger problem than with paysites. The problem with 3rd party billers - not really a "problem", just goes with the territory - is you do not have any control over the scrub of your account. You have to rely on their settings (which you do not know what those are) and hope for the best.
With paysites you get the mommy CBs but also the people who Join, cancel, download everything they want in a few days, then CB. Fun times.My Affiliate Programs:
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The real issue is in the months and years ahead. 3rd party billers are simply rolling out refunds now at the drop of a hat because they have to keep the chargebacks even lower now.
Once consumers find out how fucking it easy it is to buy a membership and get a FULL REFUND with only a simple email to customer service, webmasters will notice a sharp rise in refunds.
It won't take long before all the Millennials figure it out. Most major 3rd party billers are already rolling out refunds to these whiny little bitches that "Buy, Jerk Off, Refund."
BJOR will be more common in the months and years ahead.
Adult is truly a dying industry.Comment
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It's been discussed here before when the third party billers informed their clients about it.
Visa US was always 1%, it only affects EU merchants
The 1% only counts if you have over a 100 Chargebacks. If you have 20 Chargebacks and are at 1.5% it's not an issue. So if you have 100 Chargebacks at 1% that means you must do 10,000 transactions in a month. Eg 333 transactions a day (sales + upgrades/rebills).
So it only affects the bigger companies that process in EU, who all knew about this for months and I'm sure they all have been working on solutions (like getting more MIDS) with their processors/acquirers.Comment
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Don't believe me?? Go buy ANY adult site membership that uses a major 3rd party biller....and in a couple days, simply email them and ask for a refund because you didn't like the site. I guarantee you will get a refund. It's so fucking easy now. Refunds are as easy to get as signing up. Billers are cutting down on charge backs and would rather refund then ignore the member. It's easier to refund then to risk the charge back.
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We have always remained below the 1% anyway. It won't change anything for us.still moneyhereComment
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Accept (with any MID) 10 credit cards issued to women's names and see how many friendly chargebacks you get. LMAO
Use 3ds where you can and stop fucking around.
Third party billers, ALL OF THEM, will protect their MIDs, AT ALL COSTS.
Third party billers are not as sophisticated as they claim.
Don't get thrown under the bus.Comment
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yeah, find the same, that's why I fight cb's so hard. friendly fraud is the real threat, I find at least. real fraud is usually pretty easy to spot if peeps know what to look for
all the fraud scrubs in the world can't prevent assholes from not wanting to pay for what they buy/enjoy, all we can do is fight backComment
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If you're with CCbill then you're shit out of luck.
We are fighting CB pretty sucessfully on our own MID. Got a template and a script set up that just enters their info, with prooof of their signup IP, website login IP and some screenshots of their location - basically proof that the card was not stolen, like most of them claim - "transaction unrecognized" my ass. (then .zip it up and send to our aquirer)
about 70% cases we winComment
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That won't be much of a help. They just try catch the upcoming CBs because they have a deal with a few banks and before the CB happens you have a chance to refund that transation - they see it and send you a warning, so basically you escape the VISA penalty fee for a CB, but still have to refund.
Such companies dont have many banks in their loop, so you catch very few CBs. Not worth bothering IMO.Comment
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You need to check your second chargebacks. I think you will find it stunning how many of those wins then come back as a second chargeback further dinging your account $25 for each one. Mastercard and Visa calls a second chargeback differently but never fear, they are the same thing and your gateway people LOVE that second Fee they collect.Comment
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That's interesting... could you tell us how that works?
Do billers share personal/cc- info of people that made a cb? Is it a database accesible for all 3rd party billers? Do they implement these infos in their systems?
And will they also be not able to buy mainstream anymore after a cb on an adult site?
Losing all creditcard credibility after 1 cb sounds unbelievably...Half troll half amazing!Comment
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