how much % of chargebacks are you allowed and what happens when you go over? - GoFuckYourself.com

Fucksakes · 01-24-2005, 05:20 PM

see topic.

Pete · 01-24-2005, 05:20 PM

If you go over you get ass raped by a big ni_gger.

Fucksakes · 01-24-2005, 05:21 PM

Quote:

Originally Posted by Pete

If you go over you get ass raped by a big hahahahahaha.

can you explain that in a professional level.

TzarJorge · 01-24-2005, 05:46 PM

it's actually like he said...

polish_aristocrat · 01-24-2005, 05:47 PM

i think it's about 1% nowadays

sherie · 01-24-2005, 05:49 PM

1% and if you go over you can be fined and or have your program shut down. You should just research the processors for more information. www.ccbill.com and www.epoch.com/paycom.com. You should find all the answers you're looking for there.

Nysus · 01-24-2005, 05:51 PM

Another good thing to note is you get are charged a penalty for any chargebacks too.

Matt

whodarkman · 01-24-2005, 06:39 PM

The process is charge a fee - which they obviously pass back unto you. The fee increases with every % level you go over the fee. Then the processors account will be decline and no longer be able to process.....But they will shut you down before all that happens.

Kimmykim · 01-24-2005, 07:47 PM

Different regions have different allowable limits and penalties for exceeding those limits. In the US, the rule is 1% CDC with a minimum of 100 chargebacks per month for Visa to pay much attention to you. This applies whether you have your own merchant account or are a sponsored merchant with a legitimate IPSP.

In other regions, Asia for instance, the allowables are double that -- 2% and 200 chargebacks to qualify.

EU is currently 2% I believer, but there is a rumor that is going to be reduced by quite a bit in the coming months.

Kimmykim · 01-24-2005, 07:56 PM

Oh, as to what happens when you go over.

If you have your own merchant account, you are charged for each and every CDC you incur, different banks have different fees, some as little as $10 per chargeback and some as high as $25 per chargeback. If you are on an IPSP, I believe that most of them will eat the fees as part of the % they charge you to process your transactions, up to a point at least.

If you get into fine trouble, it's generally $100 per chargeback at that point.

Mastercard, in its infinite wisdom, reserves the right to count your credits against you for fine purposes, if they determine that you are issuing credits solely to avoid chargebacks.

Whether you win or lose a chargeback really doesn't matter as far as the card associations are concerned, the fact that one was initiated is what counts.

01-24-2005, 05:20 PM	#1
Fucksakes Shit... Fuck! What the Hell? Industry Role: Join Date: Dec 2003 Posts: 7,567	how much % of chargebacks are you allowed and what happens when you go over? see topic.

01-24-2005, 05:20 PM	#2
Pete Confirmed User Join Date: Jan 2001 Location: Mr. Rogers Neighborhood Posts: 6,617	If you go over you get ass raped by a big ni_gger. __________________ Evoke Electronics

01-24-2005, 05:49 PM	#6
sherie Confirmed User Join Date: Feb 2002 Posts: 7,020	1% and if you go over you can be fined and or have your program shut down. You should just research the processors for more information. www.ccbill.com and www.epoch.com/paycom.com. You should find all the answers you're looking for there. __________________ AIM sherierocks ICQ 127-296-286 Skype traffichor

01-24-2005, 05:51 PM	#7
Nysus Confirmed User Industry Role: Join Date: Aug 2001 Posts: 7,817	Another good thing to note is you get are charged a penalty for any chargebacks too. Matt __________________ What name is pr0 / Untouched Markets using these days? Untouched Markets - pr0 - Refund My Money Now Someone owes me $2,000 because they didn't do any work that was paid for pointing at pr0 / William / UntouchedMarkets See https://gfy.com/fucking-around-and-business-discussion/948258-untouchedmarkets-pr0-refund-money-post16744521.html and for more detailed see https://gfy.com/fucking-around-and-business-discussion/948645-re-recent-bullshit-drama-explained-detail-pr0-untouched-markets.html

01-24-2005, 06:39 PM	#8
whodarkman Confirmed User Join Date: Dec 2004 Location: T.O. Posts: 203	The process is charge a fee - which they obviously pass back unto you. The fee increases with every % level you go over the fee. Then the processors account will be decline and no longer be able to process.....But they will shut you down before all that happens. __________________ SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, you may use a 624x80 instead of a 120x60. Let me repeat... A 120 x 60 button and no more that 3 lines of DEFAULT SIZE AND COLOR text.

01-24-2005, 05:46 PM	#4
TzarJorge Confirmed User Industry Role: Join Date: Jun 2003 Location: Far far away. Posts: 659	it's actually like he said...

01-24-2005, 05:47 PM	#5
polish_aristocrat Too lazy to set a custom title Join Date: Jul 2002 Posts: 40,377	i think it's about 1% nowadays

01-24-2005, 07:47 PM	#9
Kimmykim bitchslapping zebras!!!!! Industry Role: Join Date: Jun 2001 Location: In a shack by the beach Posts: 16,015	Different regions have different allowable limits and penalties for exceeding those limits. In the US, the rule is 1% CDC with a minimum of 100 chargebacks per month for Visa to pay much attention to you. This applies whether you have your own merchant account or are a sponsored merchant with a legitimate IPSP. In other regions, Asia for instance, the allowables are double that -- 2% and 200 chargebacks to qualify. EU is currently 2% I believer, but there is a rumor that is going to be reduced by quite a bit in the coming months.

01-24-2005, 07:56 PM	#10
Kimmykim bitchslapping zebras!!!!! Industry Role: Join Date: Jun 2001 Location: In a shack by the beach Posts: 16,015	Oh, as to what happens when you go over. If you have your own merchant account, you are charged for each and every CDC you incur, different banks have different fees, some as little as $10 per chargeback and some as high as $25 per chargeback. If you are on an IPSP, I believe that most of them will eat the fees as part of the % they charge you to process your transactions, up to a point at least. If you get into fine trouble, it's generally $100 per chargeback at that point. Mastercard, in its infinite wisdom, reserves the right to count your credits against you for fine purposes, if they determine that you are issuing credits solely to avoid chargebacks. Whether you win or lose a chargeback really doesn't matter as far as the card associations are concerned, the fact that one was initiated is what counts.