"The threshold is 100 chargebacks for a Sponsored Merchant to be required to meet the 1% ratio"
ChrisM
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Guys, can you please confirm that this is in fact the case?
Is this 100 charge-backs per month???
If so, this will certainly remove concerns for the majority of sites/programs, leaving only the larger programs at risk!
Thanks

Here is what he posted on gfy,BPJ.

It really does appear to be a concern for the major affiliate programs.


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Chris Mallick
Why does my mouse have brown stains?

Registered: Jan 2002
Location: Marina del Rey, CA, USA
Posts: 314

quote:
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Originally posted by BluMedia
How are chargebacks figured, is it daily? So if we go over 1% on one day we are screwed?

Thanks,
Mark
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No. It is a monthly calculation.


__________________
Chris Mallick
CEO
Epoch / Paycom

Chris Mallick
Why does my mouse have brown stains?

Registered: Jan 2002
Location: Marina del Rey, CA, USA
Posts: 314

quote:
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Originally posted by Probono
Chris is Visa doing the same "a credit is counted as a chargeback toward the 1%" that MasterCard is doing?
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No, thank God! Visa is very reasonable in that regard.


__________________
Chris Mallick
CEO
Epoch / Paycom


IP: Logged



07-10-2003 07:32 PM

I'm not epoch but i'll confirm that this is what they have stated. Sites below 100 chargebacks per month are held to a 2.5% standard not a 1% standard.

This is VISA rules?

What is the math on this? 100 chargbacks a month at 1% is a lot of signups....

Mike, that is only 10,000 transaction, which is not alot for a PPS program.

Yes Grasshopper, but HiRise has 2 merchant accounts for my OWN personal traffic, and my personal sites. 10,000 transactions is more then I would ever need a month, especially with NO trials.

Of course we are below 1% anyway.....

So tell me, what part of...

Chris Mallick
CEO
Epoch / Paycom

Do you not understand?
You need a confirmation for something the CEO himself stated?

Yeah, but it was GFY... ya know ?

:yowsa: