Being the bigest Boy on the block - they can have all the track they want !

Mitch:

I have to ask?

1. Are you aware that MC rules state that 15 chargebacks in a month put you in the fine program if you are over 1% combined credits and chargebacks?
2. Please tell me how any program of any volume can stay out of a $25,000.00 per month fine?
3. Also, are your clients processing both Visa and MC in one US Acquiring Bank?

I know we are seeing each other in Florida and sitting on yet another panel together so we can slug it out there, but for now, please answer these questions if you don?t mind.

C

PS: An EPOCH Post about MC's new rules will be out later today so you guys know where we stand on these issues.

Interesting! :(

Good Question Chris - Will be interested with Mitch's reply !!

iBill wants to freeze my reserves because of 3 (THREE) chargebacks in 6 months. No kidding.

Did they freeze them? I got the email too but got paid anyway. My client rep told me that my chargeback ratios did not warrant the holding of reserves.

How is it going with your merchant account inquiries?

You should know better than most that MC did not come out with a clear directive and it was up to the Processors to take their version of a compliant system to MC for approval. It is not suprising that the two that have been revealed are somewhat different but it also stands to reason that they will look very similiar soon after launching based on competitive issues and also what MC will allow them to do.

In fact they paid my December reserve right on the day they announced to freeze it. But what the fuck ... they may deduct that amount at any time in the future.

Read <A Href="http://www.gofuckyourself.com/showthread.php?s=&threadid=152295&pagenumber=2">he re</A> about my efforts getting my own merchant account.

Sorry Res, but they arent the biggest. It's my belief that CCBill outpaced them quite some time ago and Epoch is probably doing more volume as well... they've lost alot of business in the last several months, and you don't need to be Sherlock Holmes to see it... just look around at the join pages, or lack thereof.

Some of their larger accounts are no longer processing there, by their own choice and some more were terminated by Ibill directly, as the rumor goes.

This is a ridiculous solution to a set of rules, one that goes well beyond what was asked for, and in a way that's not designed to help the site owner or the affiliates in the situation.

You're a sweetie but it seems to me that lately you've been a bit misguided on the billing front, after your announcement last week regarding chargeback ratios and now this. I'm not sure where you are getting your information but I think you'd better check the source. :)

Hi,

Sorry for the delay. I just saw this.

None of our merchants have had any fine issues except for one several months ago.
We have merchants at several banks in the US and offshore.

I will not be at Internext as my wife is due with our 3rd son in mid August. Our sales manager Karen will be on the panel with you instead. She is just there to help the webmasters and give information, not duke it out with you. That would be my job. :-) I;m sure you guys will have a good time.

Mitch

p.s. This will be my first missed show since 1998.

Mastercard has lost their fucking collective minds. What's that saying? "A camel is a horse designed by committee..."?