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If the bank approves the charge how did this end up being the retailers problem? The bank said they would pay it despite the details not being valid, they surel
by pbhjpbhj 4y ago
If the bank approves the charge how did this end up being the retailers problem? The bank said they would pay it despite the details not being valid, they surely take on the risk in law ... how else would it work and remain logical?
- jibe 4y agoYou’d think so, but if the charge does end up being fraudulent, and customer charges back, not only are you on the hook for the full charge, plus processing fees, plus a $15 dispute fee/penalty. It is why I also cringe when people chargeback before they ask for refunds. The system is stacked against the retailer.