Chargeback hell and CCBill

AndyS · 2005-03-11, 07:41 AM

In the UK now in most retailers we don’t sign anything for a cc transaction we use 'chip and pin' which is basically a 4 digit code typed into a keypad in a similar way to on ATMs. It is meant to make fraud harder as it is not physically printed on the card. If it works in the real world and is classed as a signed completed transaction why should it not be used on the net?
If it cuts fraud hopefully cheating chargebacks would be less readily available and all those caught out husbands will just have to blame it on the kids again.

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2005-03-11, 07:41 AM	#15
AndyS They have the Internet on computers, now? Join Date: Nov 2003 Posts: 144	In the UK now in most retailers we don’t sign anything for a cc transaction we use 'chip and pin' which is basically a 4 digit code typed into a keypad in a similar way to on ATMs. It is meant to make fraud harder as it is not physically printed on the card. If it works in the real world and is classed as a signed completed transaction why should it not be used on the net? If it cuts fraud hopefully cheating chargebacks would be less readily available and all those caught out husbands will just have to blame it on the kids again.