Anyone running a virtual card platform seeing the same issue?

1. Many merchants approve refunds easily, making arbitrage a simple side hustle.
2. Virtual cards support mass instant card creation to bypass detection.
3. Clean ad-suitable BINs are scarce, so genuine marketers are leaving.
4. Arbitrage costs almost nothing to start, drawing tons of new people.

convan-suki said:

I used to get lots of steady ad buyers, but now most new clients only chase chargeback arbitrage for quick profits. Here’s why this is happening:

1. Many merchants approve refunds easily, making arbitrage a simple side hustle.
2. Virtual cards support mass instant card creation to bypass detection.
3. Clean ad-suitable BINs are scarce, so genuine marketers are leaving.
4. Arbitrage costs almost nothing to start, drawing tons of new people.

This is a massive pain for providers. We face locked BINs, heavy chargeback fines and tension with our issuers.

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medialounge said:

With that comes the many scammers within the user ecosystem
Real working virtual cards are getting sarce plus the global issues on kyc

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