On Thu, 10 Feb 2005 22:00:33 -0700, "- Prof. Jonez©
At 02:52 AM 4-1-00 -0700, you
True, from experience. And the lion's share of that particualr fraud came from the following types of transactions, so take note:
1) Overseas (non-US) credit card use. a) specifically Russia, (many IPs refused Russia traffic completely) b) Japan-Hong Kong
2) USA based cards where the cutomer DAK chargebacked a)DAK = denied all knowledge. This "fraud" was nearly 100% perpetrated by the legitimate cardholder, who, having actually used and (over)consumed the product(s), calls his credit card company and lies about ever making the charges to avoid paying, or complains about "quality" notwithstanding that the consumed 100's of minutes over various weeks.
Very few, if any, US based-used cards were actually stolen since Mastercard-Visa's automated fraud-authorization system usually catches that. And once the Merchant gets an authorization code, they are indemnified by MC-Visa should the card later turn up stolen. That is the whole purpose of obtaining authorization codes.
Also on the issue of chargebacks, since the Domain Name is either registered or not, hence either the product contracted for delivers or not, the ability of a customer to chargeback a delivered domain name would be severly limited, and it is a civil matter settled-mediated by the Credit Card companies on a case by case basis.
Cheers, Eric Ross QuickNames.com
