| VGeorgie |
03-27-2010 06:44 PM |
Quote:
Originally Posted by BV
(Post 16984773)
how in the fuck can you get a "do not honor" decline on a rebill? (because the card obviously was used at one time for the initial sale right?
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From my mainstream merchant account experience, Do Not Honor means many things, not the least of which is a charge when over-limit.
I'm not seeing a higher ratio of Do Not Honor the past several years. So far Do Not Honor for both initial and rebills is a lower percentage than either 2008 or 2009, where it averaged about 3.5% to 4.0 total. Do Not Honor accounted for 3.78% for failed rebills in 2008, and that amount held steady in 2009. So far it's only about 2.75%, however there's not enough data as there's only three full months of billing.
Whas HAS increased is the percentage due to insufficient funds, but this may be from more people using debit cards where that decline reason would show up. I don't think it does for credit cards.
I'm not sure what metric we can use to determine what declines are due to a bank changing their association rules against high risk, but the evidence so far seems to point more to people running out of money on their credit and debit cards. |
