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Old 12-24-2002, 03:23 PM  
FlyingIguana
aspiring banker
 
Join Date: Mar 2002
Location: toronto
Posts: 10,870
Quote:
Originally posted by salsbury
it's too bad someone big hasn't sued Visa/MC - force them to re-issue any card before issuing a chargeback. if the customer doesn't want to wait for a new card, assume that the chargeback isn't important enough to them. if they want to wait 3-7 days for a new card, maybe it's for real.

something like that would sure change a lot, i think.
a password system would be best. debit cards could also be added to the system so that there's no more cheque bs. but its cheaper to have all these fees that go with chargebacks and let online companies get ripped off.
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