Timeline for Is online payment with credit card equal to giving merchant whole wallet to take the money we agreed upon?
Current License: CC BY-SA 4.0
29 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Jun 23 at 1:37 | comment | added | Acccumulation | @MonkeyZeus "Online payment" is commonly understood to mean that the contact between merchant and customer is online, not that the transaction is processed over the internet. | |
| S Nov 27, 2022 at 13:54 | history | suggested | Amazon Dies In Darkness | CC BY-SA 4.0 |
Fixed the title
|
| Nov 26, 2022 at 9:27 | review | Suggested edits | |||
| S Nov 27, 2022 at 13:54 | |||||
| Nov 22, 2022 at 21:21 | answer | added | Josh Part | timeline score: 0 | |
| Nov 22, 2022 at 4:07 | answer | added | Jason Goemaat | timeline score: 3 | |
| Nov 22, 2022 at 2:33 | comment | added | Joshua | And that's why I only use a credit card. If the online merchant tries that they're only ripping off themselves. | |
| Nov 21, 2022 at 20:32 | answer | added | lvella | timeline score: 1 | |
| Nov 21, 2022 at 20:06 | comment | added | Bakuriu | @njzk2 I mean that most people live happy lives without using virtual credit cards. Some people may want extra security, or maybe they are more risk-prone and try to order "dodgy stuff" or maybe they subscribe to a gym that have many negative reviews about being really hard to cancel and they should use virtual cards to avoid the hassle of fighting with the bank for chargebacks. | |
| Nov 21, 2022 at 18:13 | comment | added | njzk2 | @GACy20 you shouldn't "trust that much" any merchant in particular. Doing payment in a completely secure fashion is not easy, and very little people have a clear understanding of whether such or such company is doing it correctly. | |
| Nov 21, 2022 at 17:25 | comment | added | MonkeyZeus | Minor nitpick, ALL credit card transactions are online payments. What keeps merchants honest is your ability to dispute charges and cause issues for their relationship with their payment processor. Always get a receipt and throw it away once you've verified the correct amount shows up in your transaction log. | |
| Nov 21, 2022 at 15:39 | comment | added | GACy20 | Virtual card exists where you can define the maximum amount to be charged and can be activated/disabled at will. But they are entirely different from "standard" cards. You generally want to use them when subscribing with merchants you don't trust that much (especially re. recurring charges) and you want to make 100% sure they only get the money you expect and nothing more. | |
| Nov 21, 2022 at 9:15 | answer | added | usr-local-ΕΨΗΕΛΩΝ | timeline score: 1 | |
| Nov 21, 2022 at 8:15 | comment | added | jamesdlin | @vsz Who said anything about prosecuting? It doesn't matter if the online merchant is in another country. You dispute the charge with the credit card issuer. | |
| Nov 21, 2022 at 7:40 | comment | added | vsz | @jamesdlin : the online merchant might reside in a different country and be very difficult to prosecute. Especially if my country and the merchant's country aren't on friendly terms with each other. | |
| Nov 21, 2022 at 7:30 | comment | added | gerrit | The question is tagged online-payment, but the question does not explicitly refer to it. Are you asking only about online payments or also about paying in physical stores and restaurants? | |
| Nov 21, 2022 at 3:52 | answer | added | Acccumulation | timeline score: 1 | |
| Nov 21, 2022 at 3:30 | answer | added | user541686 | timeline score: 3 | |
| Nov 21, 2022 at 1:07 | answer | added | Peteris | timeline score: 3 | |
| Nov 20, 2022 at 23:50 | answer | added | Jack | timeline score: 5 | |
| Nov 20, 2022 at 23:09 | comment | added | jamesdlin | Even if merchants could do that, it's not equivalent to giving a merchant your wallet. Credit card transactions are recorded and leave a trail. Furthermore, any fraudulent transactions can be disputed. In contrast, if a merchant took more cash out of your wallet than you expected, good luck proving it and getting it back. | |
| Nov 20, 2022 at 16:26 | comment | added | RonJohn | Do you have a CC? Have you ever signed for a charge, or pressed OK to authorize a specific charge? | |
| Nov 20, 2022 at 11:14 | comment | added | DonQuiKong | It's like handing over your wallet and letting them take your money, yes. But in this comparison, you're a mix of the Terminator and Don Corleone. It's possible, but not the most sane idea. | |
| Nov 20, 2022 at 7:45 | answer | added | nicholaswmin | timeline score: 46 | |
| Nov 20, 2022 at 3:40 | history | became hot network question | |||
| Nov 20, 2022 at 0:00 | history | tweeted | twitter.com/StackFinance/status/1594118340838150149 | ||
| Nov 19, 2022 at 21:41 | answer | added | Jay | timeline score: 12 | |
| Nov 19, 2022 at 19:53 | answer | added | littleadv | timeline score: 36 | |
| S Nov 19, 2022 at 19:37 | review | First questions | |||
| Nov 19, 2022 at 20:04 | |||||
| S Nov 19, 2022 at 19:37 | history | asked | john468144631 | CC BY-SA 4.0 |