Quote:
Originally Posted by Barry-xlovecam
I don't like doing business with 3rd party payment processors because their fees are a lot more than what is available in the open market to us. When you process large volumes of transactions you can negotiate better terms.
The customer credit card BIN numbers are submitted directly into our PCI-DSS servers. I know who they are and how they came by VPN, Proxy or their public IP -- we scrub our own transactions dynamically in real time now. I get my responses relayed directly from the processor's banks -- not some line of shit that I can't verify days later. My algorithm when adhered to is working for us. I don't get sorry ass reasons for chargebacks -- nor do I accept them.
If you have ever made a chargeback (demanded a refund) on your debit card or credit card with your issuing bank you would know what is involved. If a 3rd party billing processors are willing to reverse charge transactions on a customer's complaint to protect their aggregated merchant accounts -- that is not my problem.
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Barry,
You sound like you have really got a grasp on this stuff which is refreshing.. You mention 3ds however i have found it to be a nightmare w/ most customers bailing at the friction point of not understanding it or getting a pw wrong.. How do you deal with this?
With your hard scrub which is really good from the advertiser/merchant side, how do you balance the conversion drop on the affiliate side when there seems to be alot of competition w/in the webcam vertical?
Would love to hear more of your input as you sound like you truly know what you are talking about.