Hey guys,I'm having a little problem understanding some stuff in the Accounting Policy.I can't understand the Customer distribution requirement it says that i will receive the paycheck when i meet the following requirements : -Sales made with 5 or more different credit card numbers; and, -Sales made with two different payment methods (either Visa, MasterCard, or PayPal). Note: PayPal purchases do not count toward the minimum 5 different credit card numbers. Can you explain me the two requirements. Do I really have to make 5 credit cards???? I don't understand that part.Please help me because i'm lost
I can logically explain this. 5 different people have to purchase your product. Now, say you get 6 sales. 2 Mastercard, a VISA, and 3 Paypal payments. You have met the second requirement of five different credit card numbers. You have NOT collected five credit cards tho; two more and payouts begin. Moving along, let's say you DO get five credit card numbers - let's further say that you get 20 numbers. They all start with a 4 (meaning VISA). You will not get your payouts as yet as they did not use any method other than VISA. Let's say you have 10 VISAs and 10 Paypals. You will not get payouts. In both cases, you met condition one with 5 credit cards, but not two CC payment methods (even if Paypal was hiding a Mastercard...this makes no sense). Now, you get 3 VISAs, a Mastercard, and an AMEX. Paypals don't count or matter here. You now have five credit card purchases and two different types of cards. You can receive payouts now. I don't get why people can't just all use VISA, but the requirement for needing multiple purchases does make sense as they want to prevent fraud. Does that help? Cyclone
I think they are also trying to avoid having someone purchase their own product five times. The combination would make relatively difficult to do this.
Still begs the question: how many people will have five different VISAs to buy with? And surely they have at least one Mastercard; they can still buy their own product five times. It wastes their own time tho; they get their own money back, and CB keeps some in case of a refund. LMAO Cyclone
If you're with Clickbank over the long term, these policies aren't going to affect you much. Every person who makes a purchase will use a unique credit card number. In all likelihood one of them will use a cc that isn't visa. It's just one of the many ways they use to prevent fraud. Believe me it's better than being hit by chargebacks due to stolen credit cards because not only do you lose a sale but you also get stuck with the bank fee.
Now that ain't fair. You don't know that the credit card is stolen. 20 purchases, five stolen credit cards, and the vendor basically gets only 10 sales outta it... Cyclone
Credit card fraud affects everyone - the card owners, the payment processors and merchants. It's unfair but isn't all crime?