More good news / bad news

[RawAlex]

Originally Posted by EmporerEJ

I'm not....
I meant you'll still get the customers with Debit cards bearing the MC/Visa Logo.

In theory, you can filter those off and decline them. The number series are different (somewhat)

[EmporerEJ]

Originally Posted by RawAlex

In theory, you can filter those off and decline them. The number series are different (somewhat)

And you would want to do that because.....?

[RawAlex]

Originally Posted by EmporerEJ

And you would want to do that because.....?

they don't recur (accounts are usually empty).

They may not be 18.

the accounts have no name connection (if they are gift cards or other).

Etc.

if you are selling hard goods once, you might accept them, but for recurring memberships (especially trials with conversion) they are likely fails.

[EmporerEJ]

Originally Posted by RawAlex

they don't recur (accounts are usually empty).

They may not be 18.

the accounts have no name connection (if they are gift cards or other).

Etc.

if you are selling hard goods once, you might accept them, but for recurring memberships (especially trials with conversion) they are likely fails.

Yea, but why filter?
They can't be charged back, and if they fail after the first month, so what?
At least you get the first month?
What is the current churn rate for you guys?
1.5 months?

[RawAlex]

Originally Posted by EmporerEJ

Yea, but why filter?
They can't be charged back, and if they fail after the first month, so what?
At least you get the first month?
What is the current churn rate for you guys?
1.5 months?

So you are saying you don't have a problem selling porn to minors?

[EmporerEJ]

Originally Posted by RawAlex

So you are saying you don't have a problem selling porn to minors?

I thought you were being facetious about that, and simply didn't address it. Frankly, I don't think you should even kid about such a thing.

But if it's a true debit card/checking account, then NO they have to be 18, or they're breaking the law.

And I'll bet, technically, the use of the MC/Visa logo on a gift card has "must be 18" somewhere in the fine print.

[RawAlex]

Originally Posted by EmporerEJ

I thought you were being facetious about that

Have you stopped beating your wife?

[sarettah]

Originally Posted by EmporerEJ

But if it's a true debit card/checking account, then NO they have to be 18, or they're breaking the law.

Huh???

Where do you get that from.

My daughter has had a checking account w/ a debit card since she started working at 16. In fact the only way the company she works for pays is direct deposit so she had to get an account.

The only thing she needed was a signature from me indicating that it was ok. There are no co-signers on the account or anything like that.

As far as I know there is no such law on debit cards. I don't know the law on credit cards.

[sarettah]

Originally Posted by EmporerEJ

And I'll bet, technically, the use of the MC/Visa logo on a gift card has "must be 18" somewhere in the fine print.

Wrongo

from: http://usa.visa.com/merchants/paymen...gift_card.html

How the Visa Gift card works
When accepting Visa Gift cards, keep in mind the following basics:

...................................

The card has no age limitation and purchases by youth should be honored per store policy.