Give it time. The charges are comingOriginally Posted by Rippo
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Give it time. The charges are coming
pandering to paranoia produces pointless prosecutions of people
and they re hiring but no mention on being a specialist on cc fraud scheme ...
...because the cost of increasing cc security is more than the cost of the fraud charges they have to cover.
Millions of people carry balances of $thousands at double digit interest rates. The cost of fraud is built in to the cc companies business model, and they can afford it.
Surprised they just haven't got their ability to process transactions dropped
Member of CSSA
Those who cannot remember the past are condemned to repeat it. - George Santayana
TAP, RACK, BANG
The fact the cc companies don't shut down transactions with businesses that have continuous issues tells us all we need to know. If cc companies dropped every retailer that had fraud related issues it would cut into their profitability. It's a cost of doing business that the consumer pays for in the end. I have seen estimates that the cost of cc fraud raises retail prices in the range by 10-15%.
Does anyone know when the last documented credit card fraud was ?
I'd like to shop there again if the issue is resolved .
Spin the cylinder, let us know. (Not that I'd ever shop there again)
“Victorious warriors win first and then go to war, while defeated warriors go to war first and then seek to win.” Sun Tzu, Art of War 475-221 B.C.
i bought somethings last month.. so far no unusual activity.. it was online. Not in store.
The Rookie. CCFR, CSSA member!
Relax people. Credit cards reimburse you and ship you a new card when it comes to fraud. So many companies get hit by credit card fraud. Let's put the pitch forks down.
Sheesh I see this thread is still going strong.
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