Quote:
Originally posted by Ludedude
Yes, but it's not the website operators that are the scammers. It's the dishonest consumer who has figured out he can either a) pay $2.95, jerk off and cancel or b) pay $29.95, jerk off and chargeback. Visa et al have allowed this to go on and put the onus on the merchants. That's a load of shit in my opinion. Why don't they make it fucking harder to chargeback goods that were bought and used?
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Because visa and Master Card see that 60 some percent of consumers are scared to make purchases online, which is a huge loss for them, so to encourage online purchasing they only make it easier to chargeback, thereby ridding itself of fraudsters who cannot properly dispute the chargeback.
This puts those selling services online at a huge dissadvantage because it is nearly impossible to prove that sevices were delivered. Customer can easily say they cancelled and win. Whereas with merchandise, at least you can prove that it was in fact delivered, signed for, etc.
It looks to me, and this is just a preliminary thought, that visa and Mastercard are slowly doing everything they can to consolidate the High risk market.