Quote:
Originally Posted by MainManRay
What i dont get with Zombaio is:
- why crossing the floor limit payout threshold is only applicable weekdays which can delay daily payments by 3 further days if you hit it on a Saturday. The alternative is lower threshold, and more wire fees to avoid this.
- why they charge 5% surcharge for a 1.5% chargeback ratio making their opening rate of 13.9%. (Didnt they enter this market on the back of the 4.9% sales spin?) . You cant say the bank charge them 5% - most charge a few bucks for a chargeback especially on their volume and since online chargebacks cant be disputed its not like they are faxing proof to the banks or on the phone to them begging. Unnecessary profit IMO.
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If you aren't covering yourself from potentially going into a Visa chargeback program, (huge fines) then you're walking a non-existent line. With Visa / Mastercard you get ONE shot, it isn't even a question if you're a processor. Their overall rate is competitive.
As for everything else, yes, they need to get a bit more organized over there I suppose. Some companies aren't prepared for the holiday season, that doesn't make them scammers stealing money.
