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Originally Posted by sperbonzo
If the processor shaved, took the money, but did not update the member database and password database, then the person charged would not be able to get on the site. They would chargeback and that processor's entire business would be jepordized by getting too many chargebacks.
Sorry, it would not make sense to do that. It would only hurt the processor.  |
well, charging and not creating member passwords, would 99% of the time result in a charge back, that strategy would obviously not work very well.
More logical strategy would be to create member passwords but not give the paysite owner the money, as long as the percentage of not paid members is not very high, the paysite owner would not notice, and even if they did, the processor could play the "you server must have been hacked" card.
But I really doubt this is happening, processors have WAY too much to risk to try to steal few signups here and there.