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Old 04-13-2016, 07:43 PM
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AGuinness AGuinness is offline
Garth Guibord
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Location: Portland, OR
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Quote:
Originally Posted by vintagetoppsguy View Post
I'm really surprised we haven't heard from more dealers on this issue. Perhaps they just don't want to speak up. I did find this old thread...

http://www.net54baseball.com/showthr...rd+charge+back

It does happen.

And to clear up some misinformation posted earlier, yes the charge back rate is less than .1 percent. However on purchases over $2500, the charge back rate jumps to nearly 3.5%. How convenient that was left out. And I bet if more research wete conducted, it would show that charge back percentages are even higher at hobby/trade shows.
Apparently things are not left well enough alone.

Lets clear up the real misinformation, as I posted:

Quote:
Originally Posted by AGuinness View Post
Quora.com notes the rate of chargebacks is less than .1 percent for transactions where the card is present.
This information came from this page:
https://www.quora.com/Online-Payment...rate-in-the-US

Vintagetoppsguy apparently found this page, which includes this nugget:
"Amount over $2400-$2500 mark suddenly experiences a surge and it is almost 3.0% to 3.5%"

But Vintagetoppsguy either didn't read the page or is purposefully being deceptive because that nugget follows this clarification:

"For Card Not Present Transactions: The chargeback rate is very interesting:"

That is: For transactions without credit cards, chargeback rates are between 3 and 3.5 percent.

I quoted for when credit cards ARE present, which is clearly what we are talking about when it comes to purchasing cards and memorabilia at shows. The higher percentage is when cards are not present, such as eBay, etc.

I'm happy to keep an informed and respectful conversation going, but describing the information I posted earlier about chargeback rates as "misinformation" is either an egregious mistake where Vintagetoppsguy failed to comprehend the web page or an accusation intended solely to deceive.

Quote:
Originally Posted by vintagetoppsguy View Post
How convenient that was left out.
Yes, how convenient that I left out statistics that were immaterial to the conversation so you can take them out of context.

Last edited by AGuinness; 04-13-2016 at 08:13 PM. Reason: Clarification
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