Quote:
Originally posted by freeadultcontent
Not using epassporte yet myself kimmy, so this is not an attack, knock, or anything of that matter. I am just attempting to follow along.
Scenerio:
I sell something to person X using epassporte.
Epassporte transfers the money into my account.
My services or product is delivered to person X.
Epassporte then discovers that person X was envoled in fraud.
Epassporte then freezes person X's account.
Epassporte then removes said funds from my account.
Epassporte could freeze my account for recieving such money?
Or is there some sort of seller's protection that the transfer fee's cover?
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Sorry, I missed your post, or I'd have answered you directly, but now I will.
If I am a sponsor and an affiliate is using stolen credit cards to sign up to my site and collect their payout, then Visa, Mastercard, etc will take the money from my account even though I did not know the affiliates were committing fraud.
This hasn't changed in all the years that there have been credit card payments. In some cases Visa might eat the loss, or the bank might, but that's pretty rare to see.
Keep in mind that when you use ePassporte, you are using the Visa system. Visa has certain rules, processes and regulations that have to be followed regarding transactions.