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Old 05-21-2003   #26
*KK*
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Join Date: Nov 2002
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What the Mastercard bullshit basically breaks down to is this.

If you run 3001 Mastercard transactions a month (which is not very many when you factor in recurrings) and you have 15 cbs and 16 credits issued, then you are at risk with those morons. That is all it takes. That's giving you a cb ratio of .495 and a cb and credit ratio of slightly more than 1% combined on the cdc number itself.

The fact that Mastercard can arbitrarily choose to enforce or not enforce this rule based on what the weathers like in town, whether or not there were bagels in the break room or Krispy Kremes, and any other criteria they deem fitting in a particular instance is what boils down to monopolistic powers. When you add to that the fact that the merchants bear the cost of fraud as well as the risks for fraud and that MC makes money off of fraud, it becomes what many consider to be an untenable situation.
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