minutemad

3 ms·

1. 1.▲
   by minutemad 4y ago

   > Refund only for in-store credit? They changed their policy, but this won't prevent chargebacks. Anyone in the US who buys online with a credit card basically has up to 90 or even 180 day free returns. They just need to say the ma
2. 2.▲
   by minutemad 4y ago

   Chip readers have liability shift. We did an event, and the fraudsters all had "sorry the chip doesn't work, can you swipe it or type it in?" cards. We had zero chargebacks.
3. 3.▲
   by minutemad 4y ago

   It adds liability shift, which is what the merchant needs. The card company will eat the loss if you meet the criteria. It's better than not having it, but their criteria isn't without holes, and when it's a feature on the cu
4. 4.▲
   by minutemad 4y ago

   Debit cards will get charged back all the same. Some fraudsters will "lose their card" just to chargeback all charges since they "lost it".