Quote:
Originally posted by bcooter
IMO i don't think that VISA/MC will ever eliminate rebilling. even with a 15% charge back rate, they are still making too much money to eliminate it completely..
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Dude you are on crack. A 15% chargeback rate and you would be TMF'd
INSTANTLY...
My guess is that someone decent sized is terminated in the next 60 days, both for their ratios and as a warning to everyone else in the business.
I also wouldn't be surprised to see the end of 5967 billing before the end of the year.
I'm not betting it will happen, just saying I wouldn't be at all surprised if it did.
The way it may come about will be surprising perhaps, but anything is possible.