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That's a good goal, but real life payments aren't quite that simple. Witness: > FOBO reserves the right to recoup funds associated with Buyer chargebacks in ac
by eli 13y ago
That's a good goal, but real life payments aren't quite that simple. Witness:
> FOBO reserves the right to recoup funds associated with Buyer chargebacks in accordance with Section 5 of this Agreement.
https://sites.google.com/a/getyardsale.com/fobo-terms/payments-policy https://sites.google.com/a/getyardsale.com/fobo-terms/paymen...
- toomuchtodo 13y agoThey should really be using ACH or debit transactions, to reduce the risk of chargebacks.
- clarkm 13y agoOr Bitcoin, to remove them completely! I'm kidding, mostly, but "no chargebacks, ever!" is often touted as an advantage.
- toomuchtodo 13y agoSeriously though, they should offer Bitcoin as a payment method if the seller has indicated they will accept payment in that format.
- CamperBob2 13y agoOr someone could start up a Bitcoin-specific FOBO-like service. It's not exactly rocket surgery. I'd be very likely to use it.
- encoderer 13y agoYou can reverse an ACH. A wire, a wire is readonly. But an ACH can be reversed. That said, if they did that it would certainly suppress the number of buyers. As is, I would only buy on a site like that because I know I'm ultimately protected on all returns by American Express. Hell, it's nothing personal, i feel the same way about shopping at a Department store or Amazon.com or whatever. My Amex lets me return anything (up to a $$ amount) for 90 days regardless of whatever anti-consumer BS return policy the store might dream up.