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Old 07-21-2003, 10:52 AM   #1
adonis
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Holdbacks suspended by Mastercard

Ibill informed that Mastercard wanted them to suspend our (and some other sites) hold backs because we're over 1% CB ratio..

Anyone else?

We receive one or two CB's each month, I don't think we exceed 1%... And As I know Mastercard didn't put a CB % limit so far.

What's going on with Mastercard?
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Old 07-21-2003, 10:59 AM   #2
tony286
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Its getting to the point , where there is almost no benefit to having a third party processor. Also how can they suspend all your hold back when its not all MC ?

Last edited by tony299; 07-21-2003 at 11:24 AM..
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Old 08-04-2003, 06:15 PM   #3
Shoplifter
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Did anyone ever get word from Ibill what is going on with this?
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Old 08-04-2003, 06:21 PM   #4
mrthumbs
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Quote:
Originally posted by Shoplifter
Did anyone ever get word from Ibill what is going on with this?
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Old 08-04-2003, 07:16 PM   #5
stocktrader23
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Quote:
Originally posted by Shoplifter
Did anyone ever get word from Ibill what is going on with this?
Yes I'm curious to. Has Ibill told anyone that they are full of shit and just want to keep your money yet?
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Old 08-04-2003, 08:52 PM   #6
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The entire message could have said, "I use IBill," and we would have figured the rest out for ourselves.

SpaceAce
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Old 08-04-2003, 11:39 PM   #7
jennycards
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I got the same email a few weeks ago. In fact I had 3 (THREE) c/b in a 6 months period. Unfortunately all of them were Mastercard, and all in one month. So I was over 1% in that month and they want to freeze my reserves.

OMG
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Old 08-05-2003, 01:30 AM   #8
Calvinguy
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I'm really curious about todays payout
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Old 08-05-2003, 01:40 AM   #9
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Originally posted by jennycards
I got the same email a few weeks ago. In fact I had 3 (THREE) c/b in a 6 months period. Unfortunately all of them were Mastercard, and all in one month. So I was over 1% in that month and they want to freeze my reserves.

OMG
What did your rep say?

What's not clear is if it was a one time thing, or if they intend to permanently freeze reserves.

Freeze is probably not the correct term, as it is doubtful anyone will ever see them again.

Todays payout does not include any reserves, so hopefully it will come through intact.
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Old 08-05-2003, 10:06 PM   #10
jennycards
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Quote:
Originally posted by Shoplifter


What did your rep say?

What's not clear is if it was a one time thing, or if they intend to permanently freeze reserves.

Freeze is probably not the correct term, as it is doubtful anyone will ever see them again.

Todays payout does not include any reserves, so hopefully it will come through intact.
Here is what my rep wrote to me:

"iBill is not holding your reserve, our EU processor is. CMI only is used internal by iBill. The processor uses transactions to measure chargebacks.
In February 2003 you had xxx transactions, 2 were charged back and it put you above 1%, so therefore they are going to hold your reserve. I do apologize for any inconvenience this may have caused."

I really like the last sentence

Yes, it's because of TWO chjargebacks

By the way: I never received reserve payments on the 5th, for me they were always paid on the 20th. And on July 20 I DID receive my reserves.
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Old 08-08-2003, 10:40 PM   #11
Shoplifter
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Did they say they were going to freeze reserves this month as well?
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