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The risk in this kind of model was much lower when I worked at the payment processor. Direct content like this was always lower chargebacks than subscriptions/t
by ckdarby 5y ago
The risk in this kind of model was much lower when I worked at the payment processor. Direct content like this was always lower chargebacks than subscriptions/trials.
OnlyFans should be aggressively poaching people from the other companies in this space but pay them SF salaries. The expertise they'll get hiring existing employees in the space will help them.
If you've already worked in this industry you'll know to do 3ds/3dsv2 to shift some liability to issuing banks. The card networks have different rules based off their region like MC NA and MC Europe. There are some loopholes to shifting your acquiring process into other regions to get more liability shift as a merchant. Bin routing to maximize your approval ratio, the higher your non-chargeback volume the easier it is to deal with the chargeback volume.
Introduce micro transactions to pad volume. Users less likely to chargeback you want to have each micro transaction as a standalone charge because it increases your volume at the cost of additional card fees. Users unknown or likely to chargeback you want to "batch" or roll these charges into a single charge because then it is only a single chargeback that can happen instead of multiple smaller ones.
Plenty of other stuff...