POWERHOUSE wrote: > You just have to know what to say in your response to it, and I provide a > whole lot pages in my response, > to support my side of it! They always reverse it and tell me that the > customer may appeal the denial, and > therefore re-issue a chargeback. But none ever have tried it again. Probably > because it's a legitimate claim, > so they think they just can't get away with it, I'm sure if it was really a > Stolen card, which it would have to be > since I have the CVC number too, then they would not quite after own failed > attempt. I would not give up if > it was truly fraudulent!
What good is the CVC number? If a website has users pay via credit cards, including name/address/number/expiry/CVC/etc and the website is hacked, and said information is now in the hands of a bad guy, what "security" is in place anywhere? What security is possible? The only thing the CVC number does is verifies that the card number was not stolen from an imprint of the card, right? If the card was legitimately stolen, it's possible they've decided it isn't worth persuing $20 (Or whatever). If I made $50/hour, would I spend an hour or two of my life defending a $20 chargeback? -- The nice thing about standards, there is enough for everyone to have their own.
