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Old 27-03-2005, 20:36   #22
Graham
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Re: Interesting story about credit card fraud

Quote:
Originally Posted by Xaccers
Quote:
Originally Posted by Graham
The point is that, over the internet, it's the retailer that's likely to end up taking the loss, not the customer or the card company.
Have the conditions changed then? It used to be that credit card use meant guarenteed payment for the store
Eh?? Taking a credit cards has not guaranteed payment since I've been taking them!

The T&C say that even getting an authorisation number etc only confirms that *as of that time* the card has not been reported lost or stolen, but that's it, after that, it's the retailers loss and tough luck!
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