"Just zis Guy, you know?" <[email hidden]> wrote in message news:[email hidden]...
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On Mon, 11 Oct 2004 11:32:56 +0100, "Gordon" <[email hidden]>
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If the card is stolen then the seller is the one who loses, not the card holder as the credit card company claw back the payment. Not a lot of people know that...
Really? Under the terms of the Consumer Credit Act it is the credit card company who are liable. Clearly they are choosing to pass on that liability.
88% of helmet statistics are made up, 65% of them at Washington University
The Consumer Credit Act only protects the "consumer" i.e. the purchaser, not the seller who has the merchant account. Do you really imagine that banks wouldn't try to pass off the responsibility onto someone else? Might hurt their ever so modest profits if they were liable. I was advised that the sellers liability for fraudulent "customer not present" transactions is included in the contract terms for the merchant account, which is why we don't have one.
On Mon, 11 Oct 2004 15:16:25 +0100, "Gordon" <[email hidden]>
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The Consumer Credit Act only protects the "consumer" i.e. the purchaser, not the seller who has the merchant account. Do you really imagine that banks wouldn't try to pass off the responsibility onto someone else?
Let me just check the thesaurus under "thieving [censored]..."
On Mon, 11 Oct 2004 11:32:56 +0100, "Gordon" <[email hidden]>
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A disturbingly high percentage of Brits who use the 'Bay are complete shysters who will misdescribe stuff, use nicely ambiguous descriptions, or simply not send goods duly paid for. Not just based on my experience, but also on that of friends and colleagues.
Yes, sounds about right. Another 'extension' of rip-off Britain!!
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The Germans will even send stuff to you before you've paid for it (has happened to me at least 8 times that I can recall).