I agree with champ you should check user accounts whos getting charge backs and clear payments for those users who never get charge back then it will be fair for usNewRapidGator :- As he said he may decrease the hold time I think we need to give them time to fix this serious issue.
On the other hand for weekly users who pay weekly bills I think it will be hard for them also will be hard for WMZ users to get high amount on same day.
I think hold time should be decrease otherwise it will be very bad for the uploaders.
Or you can check the accounts which users getting charge back and you can delayed that user payment instead of delaying every users payments.
This move was inevitable since scammers and fraudsters would get a premium membership from their own links and they would wait for Sunday to get their payout set. Once payout amount is set they would cash out in 4 days and then launch chargebacks with their credit card companies. Too many chargebacks creates a bad impression on your payment gateway and they might even suspend your business payments. RG did the right thing but they should reduce to hold period to something like 14 or 15days. They can set payouts on 2 specific dates of a month or they can set the payout amount on Sunday and make the payment next Sunday which gives them 14days to check for fraud which in my opinion is enough.
Rapidgator should at least now count rebills from deleted files, I mean they surely get tons of money just by doing that.
Rebills should be credited according to members ID and not files ID.
This move was inevitable since scammers and fraudsters would get a premium membership from their own links and they would wait for Sunday to get their payout set. Once payout amount is set they would cash out in 4 days and then launch chargebacks with their credit card companies. Too many chargebacks creates a bad impression on your payment gateway and they might even suspend your business payments. RG did the right thing but they should reduce to hold period to something like 14 or 15days. They can set payouts on 2 specific dates of a month or they can set the payout amount on Sunday and make the payment next Sunday which gives them 14days to check for fraud which in my opinion is enough.
This move was inevitable since scammers and fraudsters would get a premium membership from their own links and they would wait for Sunday to get their payout set. Once payout amount is set they would cash out in 4 days and then launch chargebacks with their credit card companies. Too many chargebacks creates a bad impression on your payment gateway and they might even suspend your business payments. RG did the right thing but they should reduce to hold period to something like 14 or 15days. They can set payouts on 2 specific dates of a month or they can set the payout amount on Sunday and make the payment next Sunday which gives them 14days to check for fraud which in my opinion is enough.
Thats all bullshit, there are tons of ways you can accept credit card payments and still be able to payout partners on time. Banks will simply process a chargeback if a merchant doesn't respond to the dispute in the allotted time. But RapidGator needs even weeks to reply to a stupid simple support question, so anyone still wondering here?
There is so much they could to do reduce chargebacks i just don´t know where to start with... But you know what, thats not what they want. They don´t want to make a reliable and working business that makes customers and partners happy.
So a first start would be closing affiliate accounts leading into too much fraudulent traffic. Furthermore product prices or even affiliate commission rates so that there is always a security reserve you can make use of in worth case. Don´t use this security reverse to buy fancy things. Instead pay your affiliates making your business grow by driving new customers
If you not able to do so Rapidgator, i am available for freelance work lol. I can help you with it to make everything run smooth and on time. Just send me a message...