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Unauthorised transaction charged to my Credit Card
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<blockquote data-quote="saat" data-source="post: 366081" data-attributes="member: 77"><p>Don't worry about the bank. The settlement will never come from them.</p><p></p><p>Despite the liability shift from the Merchant to the Bank with the worldwide implementation of various security measures, the Merchant Agreement between the Acquiring Bank and the Merchant will alway favor the Bank. the Bank will always recover any amount settled from the Merchant if it is not possible or disadvantageous for them to recover the settlement from the Purchaser. I've been at the Merchant end of this for too many times.</p></blockquote><p></p>
[QUOTE="saat, post: 366081, member: 77"] Don't worry about the bank. The settlement will never come from them. Despite the liability shift from the Merchant to the Bank with the worldwide implementation of various security measures, the Merchant Agreement between the Acquiring Bank and the Merchant will alway favor the Bank. the Bank will always recover any amount settled from the Merchant if it is not possible or disadvantageous for them to recover the settlement from the Purchaser. I've been at the Merchant end of this for too many times. [/QUOTE]
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Unauthorised transaction charged to my Credit Card
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