@dbfolks166mt wrote:
I really wish to God Ebay could somehow halt these types of chargebacks with their system showing this item is in transit etc. It’s just aggravating that people just jump to these credit cards like a loaded gun thinking they can steal with them. If this is what this buyer is trying to do. The other reason I suspected was that after they ordered it they decided they did not want it and then just jumped to the card instead of contacting us. Yeah blame the card companies. They stink.
Blame the Federal Government and the current laws that are on the books. The CC companies are just doing what they have to do based on the existing laws which are almost 50 years old and should have been revised long ago in the wake of the ecommerce explosion.
This is spot on. The fact is banks make money coming and going and the consumer is the "driver" of it with bank cards.
So, when CVC codes came to be, those three numbers on back of bankcards that was towards protection. Made little sense to us and our merchant processor was Wells Fargo. My Ex being politician and ever so dynamic and smart a person managed get a Rep and yackin' it up got told, "Ever have issues call me." Cool beans. She could charm the skin off a snake and then force em' to eat it if need be LOL. Anyways, we sorta over time got that ability up Wells Fargo's ladder somewhat.
So this CVC code stuff do nuthin' protect anyone if someone has stolen card in hand right?
So she comes up w/ a mechanism and has me program (code up!) a simulator to present to Wells, Visa/MC. Basically speaking just an "Authorized handshake." So, if Joe/sephine Q. Public order online that can go to their bank, ATM, online bank login and consumate the transaction. This afford banks and businesses a MUCH greater level of protection against stolen card fraud, misplaced cards, Junior or Juniorette' using Dad's card when not supposed to on and on. Additionally we put in several fields so the actual buyer and BANK know exactly what was to ship and TERMS.
So you login to your bank, go there, ATM whatall to authorize the charge and you agree to what product says it is, photos and TERMS click Agree and away we go. Now there stands a REAL Record between sellers and consumers. No, not a "Perfect" mechanism albeit could be expanded in some ways but far far far better than what existed and still does!
Well we present it and you'd think sellin' snow to Eskimo's. Reason, well, likely again they make money coming and going no matter the circumstances. Such a mechanism quite bold and preventative and that means, not make as much money and going.
I mean now that we really think about it, this might be something Adyen and eBay perhaps could do. Buyer and seller agree to some terms of sale that require that "Legal handshake" per se. Contract. Again not perfect by any means but can be further refined.
For example, when I was partner in a game store that went under with pre-owned game systems purchased we'd a warranty of 30 days. Every system had these "Sticky seals" on them, cant tamper with em without causing a noticeable disaster. Buyers signed off on the systems piece of paper, put a unique printed serial number inside em' etc. Whilst didn't happen often, perhaps three or four times that was used to defend against chargeback successfully.
This TOO could be deployed by eBay in a way. For example, sellers who care want more protection against iNAD would purchase "Stickers" that affix to product identifying it. Along with the above mechanism of agreeable terms the two prevent a whole lot of iNAD in a refined system. Refining it surely need be discussed as devils in the details.
Once again I would also point towards a more refined ratings/transactional history system for both sellers and buyers.
