Quote:
Originally posted by jcnlv
If you monitor new sales as they come in and VOID the unverifiable or highly suspicious transactions before you close your batches they will not appear as credits or refunds - and therefore not affect your 1%.
|
Interestingly enough, the IPSPs have a solution that makes watching trans before batching obsolete... it's called scrubbing and it's based on predictable histories and patterns.
I know when I was at CCBill our scrub accounted for nowhere near what bank declines accounted for in the system.
But um, if you've got millions of compromised Mastercards on the loose that they will allow transactions on since they apparently forgot to tell the issuing banks to issue new cards, AND they hold the merchants responsible for taking these transactions when the BANKS should know they are no good, that is tantamount to deceit in its worst form.