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What do you mean exactly about refunds, do you mean a merchant can refund without involving a card network?
by grey-area 5y ago
What do you mean exactly about refunds, do you mean a merchant can refund without involving a card network?
- nas 5y agoNo, I mean unlike a gift card, you can get your balance back from the card without the merchant's cooperation. Once you pay a merchant, it's not reversible.
- grey-area 5y agoAh I see thanks, I see what you mean now. It's probably more like a prepaid bank card? The big thing it's missing from a consumer standpoint is the purchase protection that comes with credit cards (which does let consumers claim refunds for faulty products etc).