> I bet Visa and Mastercard would look at you funny if your business had such a high rate of voluntary transaction reversals
Plenty of businesses do the “your credit card will be charged $1 and then reversed” as a verification method that I don’t think it would be a major issue. I do wonder how much those companies are paying for that, though… I am guessing they lose some of that $1.
Plenty of businesses do the “your credit card will be charged $1 and then reversed” as a verification method that I don’t think it would be a major issue. I do wonder how much those companies are paying for that, though… I am guessing they lose some of that $1.