Financial responsibility when accepting payments online

This forum is where we'll mirror posts that are of value to the community so they may be more easily found.
Post Reply
User avatar
AbleMods
Master Yoda
Master Yoda
Posts: 5170
Joined: Wed Sep 26, 2007 5:47 am
Location: Fort Myers, Florida USA

Financial responsibility when accepting payments online

Post by AbleMods » Thu Jan 29, 2009 9:55 am

Well it seems I'm in a writing mood this week. Perhaps it's the 12" of snow here in Indiana and the fact my little beemer got stuck twice last night going to the store. Rear-wheel drive and a 5-speed don't mix well with a foot of snow :)

here's a blog I wrote on disputing chargebacks and how the entire credit card system is designed to favor the banks. The online merchant ultimately holds-the-bag for financial responsibility on all charges accepted through an online storefront.

http://www.ablemods.com/Blog/post/2009/ ... chant.aspx
Joe Payne
AbleCommerce Custom Programming and Modules http://www.AbleMods.com/
AbleCommerce Hosting http://www.AbleModsHosting.com/
Precise Fishing and Hunting Time Tables http://www.Solunar.com

Post Reply