visa - here's your REAL $#@#!@ solution!
 

We've all seen the evidence of what visa's regulations are doing to the industry,
But I've noticed very few, if any, people mention visa's responsibilities as the end authorizer on a sale.

processors send the cc# and info to the visa/mc databases to go through their 'approval' scrubbing process. The purpose of this is to cough out bad or risky transactions according to their set criteria.
If they deem the transaction as satisfactory, they issue an authorization number, if not they decline the sale. We all know and understand this.

What makes no sense to me is, if visa is having problems with scammers and chargebacks, why don't they do something to update their own techniques? The methods they use are outdated in today?s technological world but they so far have been unwilling to take the required steps to improve their own business model.

Look at what they use currently, the zip code to where the cc statement is sent and SOMETIMES the 3 digit code on the back of the card.
I'm sorry but that?s plain BS. If someone has bought a stolen card, they have also bought the 3-digit code along with it. Four minutes on the net and they can place the zip code with the name of the original cardholder. It doesn't take a rocket scientist to see their 'fraud control' is da*n near worthless.

Hell we're used to giving everything but our panty sizes on the applications for the da*n cards so why don't they just add in a few cross-reference controls? Things such as mothers maiden name and the final 4 numbers to someones SS# are already available to them but do they take the time to cross reference THOSE as control points?? NO!
Do they even TRY to add in information cross-referencing that can't be found anywhere but in the true owners? brain? NO!
They could even take 4 extra bits of info and randomize them.. If one shows up all the time and not the others it sets a flag off to fraud.

They claim they offer the option of chargebacks to protect the true card holder from stolen and unauthorized use, well if they would work a little harder on their end, most of this would be a non-issue.

Am I missing something here or doesn't the authorization number they distribute upon approval mean anything anymore? Perhaps someone should give them a dictionary so they can look up the meaning of the word.

Some of the US casinos, restaurants and hotel chains have quit using Visa; soon the porn industry will be forced out ...
Isn't the point of running a company to broaden the user base rather than thinning it out? I might be blonde but dayum if I can figure this one out.
< /rant >


*scuze me while I go iron out my wadded panties* :)

pics?

They dont care because most of their business is done with a SWIPE of the credit card. Until more purchases are done online they have 0 incentive to change things for us.

D*MN thats a long post

I bought a sub from quiznos today using my mastercard.



Not that this has any relevance to the post.

Quiznos bread has too many sesame seeds, it hurt shitting it out the next day.

I like seasame oil, and seasame chicken from the local chinese joint...

sometimes I pay with Visa, sometimes with M/C....

:thumbsup

ok guys, no fair making me laugh after making an intelligent post like that - you should know those things are hard on a blonde!

viki:

Yep.. you are right!

What happened to, eg, Microsoft's "wallet" idea? There is a need for *some* decent net payment system acceptable to users.

call visa and get your money back from the sub, tell them the fucking seeds hurt your ass.

I use my CC and Debit cards 99 out of 100 purchases and have for years. It's easier that way.

We need Direct Debit processing now. :)

Fuck Visa/MC. :)

well jeez, I was hoping at least one person would explain how my perception was so wrong ..

maybe I should send a resume to visa and tell them i can run their corp better than they can! lmao :)

they're just going to be pushing their limits until they see a loss in profits, basically. they get paid, wether you do or not, don't they?

the solution is simple. pin numbers.

Why would Visa change it's procedure? It would COST them money. Right now they are MAKING money from all of us webmasters because of their lack of security. Why would they change a damn thing? It's not in their best interest.

ssm - continually depleteing a customer base IS loosing them money in the overall picture (imho).
When I go to the casino and try to use my visa and find visa is not accepted .... I use another card.
Not only have they lost their percentage from me, but they've lost considerably more from the vendor (the casino) not using them.

Hell I even went into a swanky hotel chain recently and was told the visa wasn't accepted! Its a growing trend.

maybe surfers would be more comfortable buying online, meaning more money in visa's pocket.

I was more or less speaking from the "bubble" of the adult industry. I was actually in a small retail store a couple of weeks ago and a lady was trying to do a return on Visa for a very small item and I overheard the owner explaining to her that he wanted to do the return in cash rather than getting charged the Visa return fees, which were more than the item she had purchased in the first place. I'm not sure what Visa is thinking. They are shooting themselves in the foot. Maybe they never anticipated that people would drop them like they are, that we would all just comply and take their bullying. Hopefully they will get their shit together like Vicki suggested.

In some cases though, it's not the dishonest webmaster practices that are the reason for the chargeback but dishonest surfers who have discovered the loop hole in the system, not even a stolen card. I've had some guys sign up, rape me of my content, then charge back. There should be a way that we can blackball those customers from ever signing up to a site again. I can prove from my logs how much time they spent on my site. They new what they were signing up for, they liked my content, they stole it all, but yet charged back. These are the people who don't deserve to ever use a Visa again.