Quote:
Originally posted by bpj@Nov 14 2002, 10:40 AM
Paycom may have been disclosing certain problem accounts for many months now, but Visa is just now going to ACT on that info.
|
If there were some offenders already being reported to VISA, I would think they would already acted? VISA doesn't seem like a company that will allow such things to go on, with or without official rules.
Of course, reporting can also be "fixed" to spread out the chargebacks a bit. Just attribute some charebacks to other accounts that are very low on chargebacks.. Maybe that is also the reason why VISA wants a different descriptor per "sponsored merchant"? That will enable them to monitor better.
And Ibill, well.. any company that goes down will possibly be a client of theirs then! :P
Greetings,
Art