Quote:
Originally Posted by Spudman
Hey,
With amakings ratio's dropping like lead
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I should have at least six sales by now at a minimum ...
This is totally ridiculous to say the least ...
Quote:
Originally Posted by [Maarten]
Most of these are credits/refunds, not chargebacks.
But yes, people can get their money back even 6 months after a transaction.
It's the problem with using creditcards online, there is no signature, so if the user says he didn't make the transaction he will always get his money back.
Also the billers usually use a no questions asked refund policy, so if a user is not happy he can get his money back quite easily. This is to avoid chargebacks, because chargebacks cost a lot of money in fees and even possible fines if you get too many.
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So basically anyone can join.. rape your entire members area and then claim it wasn't him or her that conducted the CC transaction ? ... So it's possible seeing undisputed 'Refunds' well into the month of April ? ... Love it!