Mastercard - Is It True? - GoFuckYourself.com

Board Voyeur · 08-16-2003, 06:13 AM

That if you go over the chargeback threshold for two consecutive months you lose all rebilling options?

Lets discuss this.

Probono · 08-16-2003, 09:10 AM

As I understand it, if you have your own merchant account and have more than 1% CB in 3 months you lose rebills and pay a hefty fine. Also if you exceed 15 Cb in a month, refunds and chargebacks are combined to reach 1%.

If you use an IPSP they are the merchant, so your life is in their hands. They are the merchant.

Visa is a whole different animal.

Adult Site Traffic · 08-16-2003, 09:15 AM

Take a proactive roll in your business. I do, and have had not one chargeback related to credit card processing.

NayPay and Stormpay are different animals, so I just created a line item for fraud

Adult Site Traffic ICQ me? Click Here or E-mail me Here

Pipecrew · 08-16-2003, 09:17 AM

I wonder when someone will start up a business threatening adult companies to pay ransom or else they will card them to high heaven.

directfiesta · 08-16-2003, 09:21 AM

Quote:

Originally posted by Pipecrew
I wonder when someone will start up a business threatening adult companies to pay ransom or else they will card them to high heaven.

Looks like it is in the works....

p00p · 08-16-2003, 09:43 AM

Quote:

Originally posted by Pipecrew
I wonder when someone will start up a business threatening adult companies to pay ransom or else they will card them to high heaven.

deepsy already did it with ddos attacks, so this can't be too far away.
Great way to knock a competitor out of business!

sid · 08-16-2003, 09:57 AM

great - keep giving them good ideas

Konda · 08-16-2003, 11:45 AM

Quote:

Originally posted by Probono
As I understand it, if you have your own merchant account and have more than 1% CB in 3 months you lose rebills

Rebills have nothing to do with a merchant account. You can submit rebills as new transactions on another merchant account if you loose one... And most people with their own merchant account and are familliar with high chargebacks have at least one or two backup merchants.

Konda · 08-16-2003, 11:45 AM

double.

NETbilling · 08-16-2003, 12:48 PM

Hi,

(Since November of last year, the IPSPs must report the chargeback thresholds of each sub merchant to Visa and Mastercard monthly. The rulkes are basically the same whether you have you own merchant account or use an IPSP.

As more and more merchants are now getting merchant accounts, they see that the difference is not that much different besides the control factor and the $$$ savings in transaction fees.

Mitch

p00p · 08-16-2003, 01:03 PM

Quote:

Originally posted by sid
great - keep giving them good ideas

Don't piss people off.

Probono · 08-16-2003, 01:46 PM

Quote:

Originally posted by netbilling
Hi,

(Since November of last year, the IPSPs must report the chargeback thresholds of each sub merchant to Visa and Mastercard monthly. The rulkes are basically the same whether you have you own merchant account or use an IPSP.

As more and more merchants are now getting merchant accounts, they see that the difference is not that much different besides the control factor and the $$$ savings in transaction fees.

Mitch

Mitch perhaps I have missunderstood the IPSP statements on MC. I understand that as far a MC is concerned the merchant is the IPSP, they sell product provided by the site. The ratios are regarding the IPSP account. If this is correct having your own merchant account is a real advantage to a low chargeback merchant.

Is my interpretation correct?

webair · 08-16-2003, 02:02 PM

Quote:

Originally posted by Adult Site Traffic
Take a proactive roll in your business. I do, and have had not one chargeback related to credit card processing.

NayPay and Stormpay are different animals, so I just created a line item for fraud

Adult Site Traffic ICQ me? Click Here or E-mail me Here

good point, police your shit right and you shouldnt have any chargebacks ...

Board Voyeur · 08-16-2003, 02:14 PM

Quote:

Originally posted by netbilling
Hi,

(Since November of last year, the IPSPs must report the chargeback thresholds of each sub merchant to Visa and Mastercard monthly. The rulkes are basically the same whether you have you own merchant account or use an IPSP.

As more and more merchants are now getting merchant accounts, they see that the difference is not that much different besides the control factor and the $$$ savings in transaction fees.

Mitch

Mitch am i to understand from that that the details in my first post are correct? I.e, if a merchant has excessive chargebacks (read as over the threshold limit for two consecutive month) they will lose their rebill status from MC?

Kimmykim · 08-16-2003, 04:14 PM

They can lose their rebills. This isn't a new rule to the best of my knowledge, just one that hasn't been enforced as of yet.

The bigger problem with Mastercard is the 15 cb threshhold monthly and the 'discretionary' tactic of calculating credits in the same category to assess fines

Shoplifter · 08-16-2003, 04:42 PM

Quote:

Originally posted by Kimmykim
They can lose their rebills. This isn't a new rule to the best of my knowledge, just one that hasn't been enforced as of yet.

The bigger problem with Mastercard is the 15 cb threshhold monthly and the 'discretionary' tactic of calculating credits in the same category to assess fines

I thought you would only be under scrutiny if you had more than 100 CB's. Are you talking about merchant accounts?

missbunny · 08-16-2003, 10:47 PM

Quote:

Originally posted by Adult Site Traffic
Take a proactive roll in your business. I do, and have had not one chargeback related to credit card processing.

NayPay and Stormpay are different animals, so I just created a line item for fraud

Adult Site Traffic ICQ me? Click Here or E-mail me Here

being active and staying on top of things sounds good, but I recently got a chargeback and when I contacted the customer he said he hadn't meant to charge it back.

He told me he called master card and asked them not to allow his membership to rebill since he lost his password. He didn't come back to my site to retrieve it and he lost his confirmation email. He also didn't email me. He told me that he had not asked for a chargeback that they initiated a chargeback on their own. I am really on top of customer service, but there is only so much you can do if people don't contact me.

Also, doesn't your CC company need to have a signature before they can initiate a charge back?

NETbilling · 08-16-2003, 11:54 PM

Quote:

Originally posted by Probono

Mitch perhaps I have missunderstood the IPSP statements on MC. I understand that as far a MC is concerned the merchant is the IPSP, they sell product provided by the site. The ratios are regarding the IPSP account. If this is correct having your own merchant account is a real advantage to a low chargeback merchant.

Is my interpretation correct?

Hi,

You are absolutely correct. You also have more copntrol and typically get daily payouts with your own merchant account.

Thank you, Mitch Farber

IMP^or^SNiTL.e · 08-17-2003, 12:44 AM

fuck mastercard your better off just getting all your money off alladvantage

everyone should quit your jobs and sit on alladvantage

CC · 08-17-2003, 12:50 AM

Quote:

Originally posted by missbunny

Also, doesn't your CC company need to have a signature before they can initiate a charge back?

Nope, my main CC is a Mastercard, and you can do a chargeback totally online, without any signature at all. It's kind of frightening, actually. All you have to do is click a link that says "Dispute Charge", then select the reason why you are disputing it, and that's it....it takes about a week for the credit to be issued. Scary.

08-16-2003, 06:13 AM	#1
Board Voyeur Confirmed User Join Date: Aug 2003 Posts: 130	Mastercard - Is It True? That if you go over the chargeback threshold for two consecutive months you lose all rebilling options? Lets discuss this.

08-16-2003, 09:10 AM	#2
Probono Confirmed User Join Date: Oct 2002 Location: Under the Rainbow Posts: 2,731	As I understand it, if you have your own merchant account and have more than 1% CB in 3 months you lose rebills and pay a hefty fine. Also if you exceed 15 Cb in a month, refunds and chargebacks are combined to reach 1%. If you use an IPSP they are the merchant, so your life is in their hands. They are the merchant. Visa is a whole different animal. Last edited by Probono; 08-16-2003 at 09:13 AM..

08-16-2003, 09:15 AM	#3
Adult Site Traffic Confirmed User Join Date: Mar 2003 Location: South-East of the Border of Disorder Posts: 5,093	Take a proactive roll in your business. I do, and have had not one chargeback related to credit card processing. NayPay and Stormpay are different animals, so I just created a line item for fraud Adult Site Traffic ICQ me? Click Here or E-mail me Here __________________ ALL Domains and Websites are GOING AWAY NOW! Ask me! Many great domains, mainstream and adult, some complete sites with databases, some names with traffic and PR, some investment quality names. Come take a look! { Traffic Orders: Please go here } .:: SHARPEN the Elite - BURN the leftovers! Ooh-Rah!! ::.

08-16-2003, 12:48 PM	#10
NETbilling Confirmed User Industry Role: Join Date: Jan 2002 Location: Huntington Beach, CA Posts: 8,588	Hi, (Since November of last year, the IPSPs must report the chargeback thresholds of each sub merchant to Visa and Mastercard monthly. The rulkes are basically the same whether you have you own merchant account or use an IPSP. As more and more merchants are now getting merchant accounts, they see that the difference is not that much different besides the control factor and the $$$ savings in transaction fees. Mitch __________________ Mitch Farber CEO - NETbilling, Inc. Email / Phone: 888-357-8166 / 661-252-2456 Transaction processing & 24/7 call center services with exceptional rates and flexibility, since 1998!

08-16-2003, 09:17 AM	#4
Pipecrew Master of Gfy.com Industry Role: Join Date: Feb 2002 Posts: 14,887	I wonder when someone will start up a business threatening adult companies to pay ransom or else they will card them to high heaven.

08-16-2003, 09:57 AM	#7
sid Confirmed User Join Date: Mar 2002 Posts: 105	great - keep giving them good ideas

08-16-2003, 11:45 AM	#9
Konda ... Industry Role: Join Date: Apr 2003 Posts: 2,280	double.

08-16-2003, 04:14 PM	#15
Kimmykim bitchslapping zebras!!!!! Industry Role: Join Date: Jun 2001 Location: In a shack by the beach Posts: 16,015	They can lose their rebills. This isn't a new rule to the best of my knowledge, just one that hasn't been enforced as of yet. The bigger problem with Mastercard is the 15 cb threshhold monthly and the 'discretionary' tactic of calculating credits in the same category to assess fines

08-17-2003, 12:44 AM	#19
IMP^or^SNiTL.e A/S/L .. I don't names. Industry Role: Join Date: Aug 2003 Posts: 1,177	fuck mastercard your better off just getting all your money off alladvantage everyone should quit your jobs and sit on alladvantage