Saturday, July 19, 2008

What is credit card chargeback?

Credit card transactions are increasing in online market place. There are several cards domestic or international allow online purchases. Even debit cards are used to purchase products and services online. The main fraudulent transactions are
Cedit cards
using stolen credit cards. The frauds teel credit cards and use this for online purchase. To check this type of misue of dredit cards the credit card providers have issued strict rule to merchants.
If a stolen credit card is used on the site, the American Express, Bank of America, Capital One, Chase, Citi Credit Cards, Discover, First National Bank of Omaha, First Premier Bank, HSBC Bank, MasterCard, Orchard Bank and Visa cards have up to three months to cancel the payment. This amount is then deducted from the payment from the day credit card was used.
Here is one place you can compare all the credot card offers available to you - Credit Cards offers.
Also read

WorldCash Premier Prepaid MasterCard
  • What is a Secured Credit Card?
  • Secured Credit Cards - Articles and Offers
  • Credit Card Consolidation
  • 1 comment:

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