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Rip · 07-25-2003, 03:47 PM

shutting down small processors is only part of what's to come IMHO

we've already seen the chargeback ratios change, as well as the hints at disallowing recurring purchases, I think visa is just getting started

funniest thing today, when doing a wire transfer I was sitting at my account manager's desk. Off in the corner on top of a stack of papers was a summary list of people's visa accounts which were past due, and all the times which they had been called to try and get them to make payments

Makes me wonder if the "get your visa card" offers that are in the junk mail every month have anything to do with that?

Wasn't there a guy with a dog who a pplied for a credit card so fido, could have his own charge account?

07-25-2003, 03:47 PM
Rip Confirmed User Join Date: Jan 2001 Location: somewheres wet Posts: 1,456	Visa swings a double bladed axe shutting down small processors is only part of what's to come IMHO we've already seen the chargeback ratios change, as well as the hints at disallowing recurring purchases, I think visa is just getting started funniest thing today, when doing a wire transfer I was sitting at my account manager's desk. Off in the corner on top of a stack of papers was a summary list of people's visa accounts which were past due, and all the times which they had been called to try and get them to make payments Makes me wonder if the "get your visa card" offers that are in the junk mail every month have anything to do with that? Wasn't there a guy with a dog who a pplied for a credit card so fido, could have his own charge account?