Quote from: Bitcoinorama on August 15, 2013, 09:45:40 PM

Quote from: DeathAndTaxes on August 15, 2013, 09:10:51 PM

Quote from: Bitcoinorama on August 13, 2013, 03:25:41 PM

Chargebacks, approx $35 amount to a minor percentage and a is a risk to the merchant that pales in comparioson to that of the vast sums asked from the consumer.

Credit card fraud is assumed by the payment processor, not the merchant.

On what planet does that occur? You get a chargeback and you lose $35 PLUS THE VALUE OF THE CHARGE.

i.e. sell an $8,000 rig, get a chargeback, the processor is going to deduct $8,035.

Thank-you for pointing out the bleedin' obv. I do know how refunds work.

We aren't talking about refunds we are talking about fraud and the highlighted statement would indicate you have no understand of "how it works".