27% chargeback ratio - ouch!
 

I have another business offline and we just lost our merchant account for having a 27% chargeback ratio. All was fine until the month of December and then several clients rang up huge bills and then charged back at the same time. Almost as if they were trying to send me a message. Well, I got it, and fuck you.

:1orglaugh

Unlucky blud

karma is a bitch

27% OFFLINE, as in face to face? lol

Yup. It was a plot to get the company to lose our merchant account. Of course merchant services saw this as well, but we still had a 27% ratio. :helpme

So that got me thinking how easy it would be to CRIPPLE some of you and your accounts. Lets say you had access to people from all over the globe that could sign up and start nailing you with chargebacks. It looks random, and keeps coming month after month. Could be a sure fire way to get rid of some cock sure bros around here. I would not do that of course, just saying it could be done. I don't hold any ill feelings towards anyone here.

Today, 03:17 PM
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Zango
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Haha... zango zango...

Haha... zango zango...

If it was a POS sale then what reasons did they give for chargebacks?

:1orglaugh:1orglaugh:1orglaugh

so 3 out of 10 people were displeased enough with your biz to actually charge back?

that means at least half or more went away dissatisfied.

I think there were some religious freaks a couple of years back writing about doing that to adult websites. Fuckers.