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Debit cards carry reversal rights as well - at least in the United States. It's simply a mechanism to protect credit and debit card holders against technical is

• jemfinch 14y ago
  Reference? This contradicts everything I've read up to this point and I'd like to verify it.
  • wccrawford 14y ago
    http://whatconsumer.co.uk/visa-debit-chargeback/ http://whatconsumer.co.uk/visa-debit-chargeback/ Seems to have been big news in the UK. Having trouble finding the same for the US, though.
• miahi 14y ago
  The only time I tried to reqest a chargeback for a debit card (one order charged twice because of an application glitch in the card processor's system) the bank asked me to prove that I did not receive the goods. It's not easy to prove a negation.
• chimeracoder 14y ago
  > Debit cards carry reversal rights as well - at least in the United States. It's provided as a service sometimes, but the legal obligation is very different (essentially absent altogether), as are the incentives. With a credit card, the 'default' is that you don't pay the credit card company (and you have no reason to), so they lose out on the money unless they get it back from the merchant. With a debit card, the 'default' is that the merchant wrongfully holds onto the money, and unless they get it back, you lose out on the money. Since they have no legal obligation to settle that dispute even when the customer is in the right, they may not, in which case you (the debit card consumer) lose out.