Quote:
Originally Posted by Varius
I'm not sure why you guys make things so complicated. If I was Zombaio, here is what I would do:
- Charge whatever discount rate (%) they currently charge
- Charge a fee per decline, let's say it's 25 cents.
- Not worry about where you are in anyone's cascade since you are passing the decline fee you incur along to the merchant.
Simple, effective, no drama.
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Yep. Always easy to say what you would do, and agree that it is unfair, when it's not your business, or other people running up a tab on it.
Quote:
Originally Posted by signupdamnit
Then why not say if declines exceed X% then the new rate is Y% OR impose a small decline fee?
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Or make added complexities on your end of the business to solve a problem which is created by people
lying about where you fall on the cascade after a 4.9% hook up.
