This is price-setting algorithms running amok.
From the page you link, follow the '2 new from $49,991.11' link and you will see that (at the time of writing), there are two vendors offering this item for $49991.11 (plus $16.37 shipping) and $49999.99. These are clearly not 'real' prices and yet they are suspiciously close to each other.
This blog post ...
They are going to email you an invoice, and you are required to pay that like any other bill that comes in.
10.6 The Customer shall be billed electronically for the goods and services ordered, and invoices shall be sent to the eMail address he
or she has specified. If the Customer also wants paper invoices to be
sent, Springer may charge a separate ...
Yes you do.
You're under the jurisdiction of at least one country where you're resident, or where you're citizen. You may be under jurisdiction of more than one country. Each country has its own laws about what and how should be taxed and countries have treaties between them to resolve jurisdiction issues and double taxation situations, so you should talk ...
I'm not sure you can get a refund. In the US, companies aren't required by law to offer one. You could contact GoDaddy's customer service and ask them, but I would guess that they'll agree with the contents of the legal agreement. Unless there is another part of the agreement that does allow you to get a refund (there might be, I haven't read it), you're ...
Many companies allow adding additional address to your account for verification. So you can ask your credit card issuer to add your American address to your foreign card.
However, many sellers can identify foreign-issued cards by their BIN numbers, and chose to filter them out. They can similarly filter out this card since it is advertising itself as ...
Washington state, where I assume you are located, looks to be a destination-based sales tax state. From the page, emphasis added by me.
Destination-based sales tax means that if a retailer delivers or ships merchandise to a buyer in Washington, the sales tax is collected based on the rate at the location where the buyer receives or takes possession of the ...
Most likely the consumer files a dispute (often called a chargeback) with the credit card company. The company then sends the merchant a letter detailing the dispute, and the merchant has a chance to respond within some time period (maybe 30 days). If the merchant does not respond, the money is taken from the merchant and given back to the customer.
As per RBI regulations, all transaction originated in India [i.e. Merchants in India] and cards issued in India. As of now if a merchant is not in India, then OTP or additional password is not required.
The Financial Institutions had contended that making changes for Gateways outside of India would be a technical challenge. This was accepted by RBI as it ...
No, this is misbehavior of sales software that tries to automatically find the price point which maximizes profit. There have been much worse examples.
Ignore it. The robot will eventually see that no sales occurred and try a more reasonable price.
The merchant has a way to verify your address in any country. While the system may not necessarily be automated, there's always the fall-back of calling the local Visa/MC call center and doing it over the phone.
Working in a banking institution I've dealt with this particular process, and yes, I've seen cases where purchases were refused because the ...
Keep in mind that there is a significant difference in credit card AVS (Address Verification System) and actually verifying an address. AVS only checks the primary number and the ZIP code. Here's more about the difference in address verification.
I found the answer to what you're looking for in the PayPal Help Center.
Refer specifically to the question PayPal - How much do you charge to my card when confirming my debit or credit card?. Quote:
We take the extra step to confirm your card so that we can verify that the
card is valid and that you are the card owner.
To confirm your card, we’...
Usually there are two verification steps:
the name on the card
the billing address associated with the card
that fail in the case of prepaid cards. Here are some possible solutions:
Register the card online
Assign a name and address to it
How to use a no name prepaid Master Card for online purchase - Quora
Gift Card Frequently Asked Questions ...
Legally, I think the answer is yes, you must. Practically, the answer is perhaps not (which is what Joe Taxpayer is aiming at, I think). Sorry for messing up you neat ethically-vs-legally distinction by adding a third category :)
The thing is, I'm pretty sure the line for legality in this case has to do with what you know - once you know you have the ...
To my understanding of what you ask here:
The marketplace is responsible to collect taxes only on the money they make from fees & services they provide to their users.
The individual sellers are responsible for promptly complying to tax regulations in regards to those sales, as well as declaring/delivering applicable taxes.
I dont see why you should ...
or is this a form of money laundering?
May not be, generally the amounts involved in money laundering are much higher. So if there are quite a few such transactions then yes it could be money laundering. It could also be for circumventing taxes, depending on country regulations one may try to do this to get around gift taxes etc.
In this specific case it ...
Some companies/sites allow customers to pay at a later date by issuing credit terms without charging interest as long as the invoice is paid within a certain time frame. Such kind of payment method is called 'Payment by Invoice' or 'Charge by Invoice'. Please do not forget to read the payment terms in such cases.
The workaround that I use in a recent time is very simple, effective and it is spreading very quickly - Payoneer.
What you will need is http://www.payoneer.com/USPService.aspx which will get you US bank account that you can link to your paypal account.