vette opened this issue on May 30, 2001 ยท 7 posts
vette posted Wed, 30 May 2001 at 2:52 PM
member banned for charge backs
Angel Michael posted Thu, 31 May 2001 at 1:36 AM
can someone tell me what a charge back is.
ClintH posted Thu, 31 May 2001 at 6:31 AM
Angel - Thats when someone purchases a product via credit card and it is rejected by the credit card processing company after the purchase has been made. Clint
Clint Hawkins
MarketPlace Manager/Copyright Agent
All my life I've been over the top ... I don't know what I'm doing
... All I know is I don't wana stop!
(Zakk Wylde (2007))
rcook posted Thu, 31 May 2001 at 8:07 AM
Not exactly Clint. It's when a legitmate purchase is made via credit card, and later the purchaser decides to dispute the charge with his credit card company.
ClintH posted Thu, 31 May 2001 at 9:23 AM
Ah - Sorry for the miss information from me on this. Oppss. Clint
Clint Hawkins
MarketPlace Manager/Copyright Agent
All my life I've been over the top ... I don't know what I'm doing
... All I know is I don't wana stop!
(Zakk Wylde (2007))
Crescent posted Thu, 31 May 2001 at 3:19 PM
Not only does it hurt Renderosity and the artist purchased from because the download has already be done, but oftentimes the credit card processing company charges a penalty fee on top of the chargeback. If too many chargebacks are done within a given time period, the processing company will charge a higher processing fee for each transaction or stop processing payments entirely.
Angel Michael posted Thu, 31 May 2001 at 11:16 PM
Thank you