Chargeback?s on Checks?. What?s the deal? - GoFuckYourself.com

GrimShawn · 05-20-2003, 11:05 AM

OK, my chargeback ratio for ccbill on checks is outta control! Is you % on chargeback's high? I'm in a range that is not cool, and was wondering what everyone else was doing as far as chargeback's on checks are!

We jump between 10-20%...To me that seems really high! Opinons please!

EscortBiz · 05-20-2003, 11:05 AM

Quote:

Originally posted by GrimShawn
OK, my chargeback ratio for ccbill on checks is outta control! Is you % on chargeback's high? I'm in a range that is not cool, and was wondering what everyone else was doing as far as chargeback's on checks are!

We jump between 10-20%...To me that seems really high! Opinons please!

78% will be fraud

Reak · 05-20-2003, 11:07 AM

Quote:

Originally posted by EscortBiz

78% will be fraud

77.9 dont lie

gothweb · 05-20-2003, 11:09 AM

You are aware that there is ZERO security on online checks, right? If you know someone's bank account number, and the other info that can be found on any check, you can do an online chekc transaction. Of course chargebacks are high! I stopped accepting them ages ago, and overall revenue went up.

JamesK · 05-20-2003, 11:11 AM

Quote:

Originally posted by gothweb
You are aware that there is ZERO security on online checks, right? If you know someone's bank account number, and the other info that can be found on any check, you can do an online chekc transaction. Of course chargebacks are high! I stopped accepting them ages ago, and overall revenue went up.

EscortBiz · 05-20-2003, 11:12 AM

Quote:

Originally posted by gothweb
You are aware that there is ZERO security on online checks, right? If you know someone's bank account number, and the other info that can be found on any check, you can do an online chekc transaction. Of course chargebacks are high! I stopped accepting them ages ago, and overall revenue went up.

all you need is a routing number thats it you can make the account number up its scary

gothweb · 05-20-2003, 11:14 AM

Quote:

Originally posted by EscortBiz

all you need is a routing number thats it you can make the account number up its scary

Wow. That really is fucked up. So I can make up a random account number, as long as I know the routing number of any bank? That's so cool. Free site memberships, here I come!

EscortBiz · 05-20-2003, 11:17 AM

Quote:

Originally posted by gothweb

Wow. That really is fucked up. So I can make up a random account number, as long as I know the routing number of any bank? That's so cool. Free site memberships, here I come!

ok say you have an account with bank ABC you know the routing is

123456789

and account number is

10231231231231

All you do is make sure you create a fake account number with the same amount of digits, thats the only thing the DB of the billing companies check.

SCJason · 05-20-2003, 11:42 AM

Grimshawn........ Talk to my boys over at WTS. They will give you a better perspective.

[email protected]

GrimShawn · 05-20-2003, 11:52 AM

Quote:

Originally posted by SCJason
Grimshawn........ Talk to my boys over at WTS. They will give you a better perspective.

[email protected]

Escort thanks for all the help man!

Jason, thanks man i'll look into it!

NETbilling · 05-20-2003, 02:02 PM

Quote:

Originally posted by EscortBiz

ok say you have an account with bank ABC you know the routing is

123456789

and account number is

10231231231231

All you do is make sure you create a fake account number with the same amount of digits, thats the only thing the DB of the billing companies check.

Escortbiz,

We use Starcheck (and other verification filters) which helps stop the type of fraud you have mentioned above. It works with approximately 50% of U.S. checking accounts. Starcheck gets nightly reports of the actual account #s and whether those accounts actually had a positive balance during the repoing time the night before. I believe WTS uses it as well. We are working on a new verifications sytem that will actually reserve the funds on realtime but it is a bit away at this point.

Interested?

Mitch

05-20-2003, 11:05 AM	#1
GrimShawn Confirmed User Join Date: Oct 2002 Location: BONEPRONE MANSION serving drinks! Posts: 8,120	Chargeback?s on Checks?. What?s the deal? OK, my chargeback ratio for ccbill on checks is outta control! Is you % on chargeback's high? I'm in a range that is not cool, and was wondering what everyone else was doing as far as chargeback's on checks are! We jump between 10-20%...To me that seems really high! Opinons please!

05-20-2003, 11:09 AM	#4
gothweb Confirmed User Join Date: Jun 2002 Location: Back in the USSA Posts: 8,849	You are aware that there is ZERO security on online checks, right? If you know someone's bank account number, and the other info that can be found on any check, you can do an online chekc transaction. Of course chargebacks are high! I stopped accepting them ages ago, and overall revenue went up. __________________ Photos by Ian X.: Distinctive photos of goth babes. Blood Money:Your traffic, my sites, our money. MojoHost: Still the best.

05-20-2003, 11:42 AM	#9
SCJason Confirmed User Join Date: Mar 2002 Location: California Posts: 1,095	Grimshawn........ Talk to my boys over at WTS. They will give you a better perspective. [email protected] __________________ SCJason The New SilverCash "V. 3 It's HERE !" ICQ 138128769 <img src="http://www.yoadrian.biz/holidays.gif" border="0"></A>