if you tell your bank you need it asap, they'll get it to you asap. threaten to close your account if they don't. i've gotten cards to customers across the country overnight. as for a debit card, they cancel one and the bank hands you a new one right away, and then assigns that card number as yours.

a lot of people wanna make their internet surfing as anonymous as possible... i personally think checking all that shit is great as long as the checks work. as for age verification... visit any site billed by supabill. check out http://www.consumerripoffreport.com and see how many people complained about the age ver. thing.

CVV2 verification is the merchant's choice... and it's in their best interests.
IPINs are on their way.
The majority of people don't check thier statement, or check it weeks/month later.
you don't have to put it... and verification of that would be difficult. often, especially in the case of asians/europeans, they don't know the proper spelling and might spell it differently. some people put a password instead, or their wife's maiden name.
a lot of paranoid people already do that. but that can be a hassle. what if you want to buy something large online?
in general, that already happens. Visa has a detection system called Falcon which monitors accounts for suspicious activity. if you've had the account for 5 years and only spend 200$ a month then you try and buy a plasma tv for 12k, the falcon system will decline the transaction and block your card until you call us or we can reach you. similarily, if you never go overseas and then there's a purchase in europe, we'll block it. or if there's several transaction attempted online, on the phone or in an automated system (gas pumps, pay phones, etc), falcon will block your card. master card also has a similar system.

if we prove a charge is theirs, they have to pay the charge, interest and a fee for the chargeback. you can't "fine" a customer.
getting a credit number isn't that hard. a cc# generator will still figure out an online cc#, and as soon as he uses the number online, a hacker can get it. also, fraudsters *rarely* know the limit, or even if the card is still good. often, they test the card in a gas pump or pay phone a few times first.

you sir are disillusioned. visa does not make a cent in chargebacks. it costs the issuing bank $25 to do a chargeback, plus the labor of the employee taking care of the file, plus the paperwork. if the chargeback is resolved in favour of the cardholder, visa then loses the comission they would have made on the sale, plus any interests that may have possibly accrued on the account. they also lose customers if the chargeback process takes "too long"

I doubt that if it wasnt a cash grab and this big paper hassle they would fix the system. Ipin would be net wide but its not so that means it benefits them to have things the way they are . Big company like Visa if it was costing them all kinds of money as you state to do cb's they would be harder to do and a system would be in place to take away fraud but thats not the case so someone is benefiting.

Where does the $30 chargeback fee (paid by merchants) ultimately go then?

You seems to say here it does not go to:

1) Visa
2) Issuing Bank (they pay $25 too?)

We know it doesn't go to the mechant, they pay it:
3) Merchant

... nor to the consumer:
4) Card Holder

Which leaves the acquiring bank:
5) Acquiring Bank

Are you suggesting that the acquiring banks make money here or the $30 chargeback fee merchants pay goes entirely to the issuing bank (which covers their $25)? That would still leave a $5 profit for someone... if we're to believe they have $50/hr employees handling 30 minutes of paperwork. I can't see the paperwork taking more than 15 minutes personally, especially for these small-ticket items, but perhaps there's more to it than the 1 to 3 pages I'm sent.

:pimp

There is only one Australian bank that I know of that offers Visa debit cards. I have one and it works great.

I've NEVER been able to understand why Visa/MC are so willing to let their customers "charge back" without any questions at all. Essentially they are saying "No valid purhcases have ever been made over the Internet".

The reason is simple, a few years ago VISA and MC were clearly concerned that people were not buying into online commerce . They both ran huge ad campaigns assuring their cardholders that online transactions are safe. With that in mind, it's pretty clear they would much rather turn a blind eye to a thousand scumbags who are charging back legitimate online transactions than have one truly fraudulant transaction go through.

In a sense, they used the online adult world as the testing ground, to get people used to charging online. I've never seen any stats on this, but I'd be willing to bet the first thing a lot of people bought over the 'net was an adult site.

I was in a bar in NYC a few months ago, and this asshole standing a few feet away was "bragging" to some girl he was with that he had six credit cards and bought all sorts of things over the 'net and never paid for any of them. Just rotated the cards and then charged back. My girlfriend was with me and she wanted to kill the jerk

This is a great thread and I certainly appreciate knowing someone somewhere is trying to do something about it!

Brutal

Ok..am a newcomer here and just was reading the posts. Try to see what was going on, and have to just say. Seriously, wouldn't you logically think someone mmight have ya card if ya get 20 transactions that you say you did not do? Anybody would think somethign wrong and cut their card up and call the CC company and get new # and card. Logibcally speaking and we all know. Not many think that way. But have to say...sounds like ya know ya stuff and get the peopel that try to scam ya. NISHE!!!

there's definetly more to it than 15 mins of paperwork. i personally get paid 15$ an hour. a typical chargeback call takes me close to 10 mins, which is slightly over $2 for my time alone. i initiate the chargeback, and it then gets assigned to a chargeback agent who is in charge of that case. anything to do with the chargeback is handled by that specific agent (who is making upwards of $20/hr). this includes receiving and looking over faxes, scanning them for archives, contact the cardholder if there are any problems (fax/letter illegible, missing information, past the time limit, etc). another phone call to the cardholder can take anywhere from 5mins to 30mins depending on how much of an asshole he is. then there's the paperwork that has to be filed, letters that have to be sent, the toll free phone bill, the toll free fax machine, etc. it all adds up.