Regarding MasterCard?s new regulations. - GoFuckYourself.com

Billman · 11-29-2003, 09:39 AM

For example:
October 120 transactions on MasterCard
November 90 transactions on MasterCard
There was one chargeback in November for the transaction that was made in October.
So the question is:
Chargeback ratio in October?
Chargeback ratio in November?
Were there violations of MasterCard?s rules, regarding the fact, that from
October 1 charge back ration should not exceed 1%?

Neff · 12-01-2003, 08:30 AM

sperbonzo · 12-01-2003, 08:37 AM

Quote:

Originally posted by Billman
For example:
October 120 transactions on MasterCard
November 90 transactions on MasterCard
There was one chargeback in November for the transaction that was made in October.
So the question is:
Chargeback ratio in October?
Chargeback ratio in November?
Were there violations of MasterCard?s rules, regarding the fact, that from
October 1 charge back ration should not exceed 1%?

The chargeback ratios reflect the current months transaction volume against the chargebacks that are received that same month by the acquiring bank....regardless of when the charged back transaction originally took place. Transactions can be charged back up to 180 days after the date of the original transaction. Thus, one of the difficulties is that if your chargeback volume stays constant, but your transaction volume falls, your chargeback ratio is in danger of exceeding the thresholds.

NetRodent · 12-01-2003, 10:11 AM

If you're running a credit card payment processor, shouldn't you KNOW the answer to this question?

Veterans Day · 12-01-2003, 10:14 AM

ya know, i rarely see any refunds or low and behold chargebacks. Am I special or are chargebacks rampant and I just havent had the privelidge. Cause refunds rarely happen with the sponsors I use. Maybe its the trannys

sperbonzo · 12-01-2003, 10:37 AM

Quote:

Originally posted by Veterans Day
ya know, i rarely see any refunds or low and behold chargebacks. Am I special or are chargebacks rampant and I just havent had the privelidge. Cause refunds rarely happen with the sponsors I use. Maybe its the trannys

Actually, niche and specialty sites DO tend to have less chargebacks.

Kimmykim · 12-01-2003, 11:54 AM

Quote:

Originally posted by NetRodent
If you're running a credit card payment processor, shouldn't you KNOW the answer to this question?

I was kind of wondering about this.

This analogy listed above also fails to take credits issued into account, something that is VERY important with Mastercard.

advrice · 12-01-2003, 03:44 PM

One chargeback won't get you in trouble... period!

11-29-2003, 09:39 AM	#1
Billman Registered User Join Date: Oct 2002 Location: New Jersey Posts: 10	Regarding MasterCard?s new regulations. For example: October 120 transactions on MasterCard November 90 transactions on MasterCard There was one chargeback in November for the transaction that was made in October. So the question is: Chargeback ratio in October? Chargeback ratio in November? Were there violations of MasterCard?s rules, regarding the fact, that from October 1 charge back ration should not exceed 1%? __________________ .

12-01-2003, 08:30 AM	#2
Neff Registered User Join Date: Mar 2003 Posts: 86	bump __________________ Andrew Neff Biz-Dev Guy ICQ# 210053153

12-01-2003, 10:11 AM	#4
NetRodent Confirmed User Join Date: Jan 2002 Location: In the walls of your house. Posts: 3,985	If you're running a credit card payment processor, shouldn't you KNOW the answer to this question? __________________ "Every normal man must be tempted, at times, to spit on his hands, hoist the black flag, and begin slitting throats." --H.L. Mencken

12-01-2003, 03:44 PM	#8
advrice Registered User Join Date: Dec 2002 Posts: 23	One chargeback won't get you in trouble... period! __________________ <a href="http://links.verotel.com/cgi-bin/make_link.verotel?verotel_id=9804000000379312"> <img border=0 src="http://www.verotel.com/gfx/button.gif"></a>

12-01-2003, 10:14 AM	#5
Veterans Day Confirmed User Join Date: Jul 2003 Location: The Windy City Posts: 8,403	ya know, i rarely see any refunds or low and behold chargebacks. Am I special or are chargebacks rampant and I just havent had the privelidge. Cause refunds rarely happen with the sponsors I use. Maybe its the trannys