Visa tightening the noose, yet again....
 

Got this from Epoch....

Effective October 1, 2003
"Overall" Chargeback to Sales Ratio will be 1%; reduced from 2.5%

Effective January 1, 2004
"Foreign" Chargeback to Foreign Sales Ratio will be 2%; reduced from 2.5%

Good for you Visa! I hope you tighten things up even more! :thumbsup