Visa Chargeback Fines
 

Can anyone verify it will be Visa policy to fine merchants in the USA who are over the 1% limit after Jan 1? And I mean big fines.

I'm a little out of touch on where the sponsored merchant thing is these days.

Read the thread announcement awhile back. This is huge and the fines can be in the tens of thousands on a monthly basis. Enough to wipe out smaller and midsized programs.

Avoid the threshold altogether- guaranteed
 

I have hooked a couple of players up with a private service that will let any site op avoid the threshold ratio limits - PERIOD! Avoid the fines, and avoid the chance of losing your lifeline of revenues - your merchant account. I'm not publishing details in the forum, and it's not going to be something spread around like a bag of chips. If you want more details, shoot me a message.


:thumbsup

I call bullshit.

Attempting to subvert card association rules will make it impossible for you to have a merchant account for a lemonade stand.

And I hope your site isnt the one I thought you alluded to on another board, it needs some updating.

I know this is an old thread. It's just sad how 1% was/is the rule and now you have these clowns running wild at 12 to 15% chargeback ratio. This shit is going to kick us all in the ass real bad ;/

you meed to maintain cb good ratio

:2 cents:

Who the fuck has more than 1%?

Dude, when I got mine.. I was told the minute we went over 1% we were GONE....

We have never got more than just over half of one percent...

:1orglaugh

i would look for a new bank who works to keep you under the 1% regardless of what your true % is.

just about everyone I know making big dollars is well over 1% - especially in main stream.

hell experian (freecreditreport.com) was getting fined 1 mil a month from visa.

cost of doing business

fines? what fines? and who is VISA ?