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Subject: 
Re: e-Commerce, Entertainer, Exchange rate
Newsgroups: 
lugnet.market.shopping
Date: 
Fri, 17 Dec 1999 18:54:34 GMT
Viewed: 
242 times
  
In lugnet.market.shopping, Frank Filz writes:
Nick Goetz wrote:

To me it seems like a fair course of events (between the credit card and
myself that is). One day they exchanged currency a for currency b. The next
day they converted currency b back into currency a. It would have been
better for me if the order was just cancelled by the Entertainer but instead
my order was processed, completing the exchange (which to me means to me I
should be getting the sets but that is another thread :-) ) and then the
charge was refunded at a later date.

It is possible the credit card company would eat the cost, but I doubt it. I
will give them a call and see what happens.

It seems to me they should eat it. In all probability, they paid nothing
since they presumably don't exchange money on a daily basis

My guess is the CC company will pay for it but the Entertainer *should*. They
(credit card) may prefer it if you dispute the charge and refund.

Doug



Message has 2 Replies:
  Re: e-Commerce, Entertainer, Exchange rate
 
(...) Why should the vendor pay? Again, I don't think the credit card company exchanges money on a daily basis. I don't think they even bill the vendor on a daily basis. Also, the vendor is dealing with their local branch of the credit card company. (...) (25 years ago, 17-Dec-99, to lugnet.market.shopping)
  Re: e-Commerce, Entertainer, Exchange rate
 
(...) Well, ultimately, Nick should *not* eat the cost. I agree that the Entertainer should, if anyone does. This was all essentially their fault anyway - the mistake, the orders needing to be cancelled, yada, yada, yada... (25 years ago, 17-Dec-99, to lugnet.market.shopping)

Message is in Reply To:
  Re: e-Commerce, Entertainer, Exchange rate
 
(...) It seems to me they should eat it. In all probability, they paid nothing since they presumably don't exchange money on a daily basis. From what I know about credit card companies (from my mother working the phones for a credit card company), I (...) (25 years ago, 17-Dec-99, to lugnet.market.shopping)

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