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Subject: 
Re: $7000+ PayPal Warning
Newsgroups: 
lugnet.market.services
Date: 
Tue, 3 Jun 2003 18:18:29 GMT
Viewed: 
3274 times
  
In lugnet.market.services, Steve Chapple wrote:

If a
criminal uses a stolen VISA card to buy a computer from a store, VISA
takes the loss (and passes it on to its other cardholders).  If a criminal
uses a stolen VISA card to buy LEGO from my Bricklink store, VISA
should likewise cover it.

Where did you get that info from? If a charge is reversed the money is taken
from the seller and returned to the buyer. What you are claiming is exactly what
I pointed out as an easy way to fraud and double your money. It just does not
work like that, not in any way


Mark P
(removed from BST)



Message has 1 Reply:
  Re: $7000+ PayPal Warning
 
(...) Mark is correct. I did e-commerce setup for a software company a few years back and had to deal with all the credit card banking things. If you accept Visa or any other credit card, you must have a bank account with a certain amount in it so (...) (21 years ago, 3-Jun-03, to lugnet.market.services)

Message is in Reply To:
  Re: $7000+ PayPal Warning
 
(...) I think it is VERY likely that is what happened to the seller in this case - I'll post a confirmation if and when I get it. The main issue then becomes accepting PayPal (or other services?) payment by credit card. If a criminal uses a stolen (...) (21 years ago, 3-Jun-03, to lugnet.market.services, lugnet.market.buy-sell-trade)

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