Quote:
Originally Posted by NETbilling
Yes that is part of it which is a welcome change for once. This is the first time in my 16 years in the industry that chargeback thresholds have been increased in favor of the merchants.
The other part has to do with merchant volume and registration fees for sponsored merchants using payment facilitators (3rd party processors) which goes into effect September 15th. We will send NETbilling merchant newsletters and post here as well.
Thanks, Mitch
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sounds like an important part is the one that talks about how any sub-merchant doing 8k/mo. in mastercard has to get their own merchant account...if im reading it right, MC is about 25%-30% of sales id guess, so it sounds like it affects programs that do 300k/yr in revenue
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