93 votes

Someone is trying to sell me something online with Venmo. Is it a scam?

However, the guy said he was owed money from PayPal (a large check that was on hold) so he didn't want to use PayPal. PayPal owns Venmo. He convinced me that I could just file a chargeback with my ...
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  • 2,542
56 votes

Using credit/debit card details vs swiping a card in a payment (credit card) terminal

I see three possible reasons: He doesn't have a secure way (or any way) to manually enter card details. Most payment terminals have a keypad and can support manual entry (or PINs), but everything ...
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  • 2,072
55 votes

How can a client pay me for freelance work if I don't want him to know my name and he is uncomfortable using bitcoin?

Use an intermediary. Rather than your client meeting with that forum person, he could meet with an intermediary that will then provide that payment to the forum persona he is contracting. This ...
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  • 815
53 votes

Are ads on YouTube asking donations for sick children via drove.com a scam?

Drove is an eCommerce platform, not a crowdfunding platform. They provide payment processing services for all kinds of customers. They are just the middle-man, not the organization actually asking for ...
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  • 21.6k
52 votes

Do institutions have right to ask for your credit card security code and all other CC data?

It means that the merchant (here, a university)'s process is to deceive their processor by falsely submitting the charge as a "CVV2 with Magnetic Stripe failure" transaction. Having the card present ...
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  • 6,209
47 votes

How should I handle money returned for a product that I did not return?

In my opinion, you've done more than you need to do. Some would argue that you didn't need to do anything at all. It wasn't your fault that payment was reversed and it is the job of the seller to ...
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43 votes

Someone is trying to sell me something online with Venmo. Is it a scam?

Absolutely, positively, without any doubt, this is a scam. You cannot get a refund for Venmo purchases. For real: Venmo is ONLY (absolutely only) useful for sending money to people you know. You ...
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  • 439
42 votes
Accepted

Do I have a right to cancel a purchase of foreign currency in the UK?

The Financial Services (Distance Marketing) Regulations 2004 say in Section 11: Subject to paragraphs (2) and (3), regulation 9 does not confer on a consumer a right to cancel a distance contract ...
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  • 22.2k
42 votes

Are ads on YouTube asking donations for sick children via drove.com a scam?

The assumption that you should make with any sort of ad like this is that it is a scam. Why? Because if you want to donate money to children in need there are numerous charities that offer a high ...
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  • 4,680
37 votes

Do institutions have right to ask for your credit card security code and all other CC data?

This violates PCI-DSS They are only allowed to use security code or fullstripe data momentarily during a transaction. They are not allowed to retain it, even for a minute. Even worse, this form ...
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36 votes

How can a client pay me for freelance work if I don't want him to know my name and he is uncomfortable using bitcoin?

Use an escrow service An escrow service is a third party that holds the payment from the buyer while the transaction is in progress. Once the buyer and seller agree that the obligations have been ...
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36 votes
Accepted

What is happening every time I pay my credit card? Am I 'settling' with my bank, the credit card company, or another entity?

When you have a credit card account, your agreement is with the bank that issued your credit card. The bank is the one that is directly loaning you money. The credit card network (MasterCard, Visa, ...
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35 votes

How can a client pay me for freelance work if I don't want him to know my name and he is uncomfortable using bitcoin?

I am not familiar with Russia's postal service, but might you go low-tech and simply have the client physically mail you currency? Again, ignorance of Russian services available, but in the US you can ...
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28 votes
Accepted

How do I make a one of payment to my HSBC credit card bill with a HSBC debit card UK

I've only tried this on the UK HSBC website / updated May 2017 After sitting on the phone for about a half hour I got instructions and want to share them to stop anyone else going through the same ...
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  • 551
28 votes

Using credit/debit card details vs swiping a card in a payment (credit card) terminal

Using the physical card or not are two different scenarios, namely "Card Present" and "Card Not Present" (also known as MOTO as in Mail Order / Telephone Order). They may involve different contracts, ...
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  • 3,427
28 votes

Automatic payment *after* payment due date: why?

I don't think you have anything to worry with regards to late payments penalties. The sign-up form says this: Continue to pay your water bill as usual until you receive a bill saying, "APSis in ...
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  • 129k
27 votes

Do institutions have right to ask for your credit card security code and all other CC data?

The reason that they are asking for it is because they need it in order to process the credit card payment. They are required by their credit card processor to enter it. If you do not provide it, they ...
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20 votes

How can a client pay me for freelance work if I don't want him to know my name and he is uncomfortable using bitcoin?

Depending on the amount, he could use money orders (for example Western Union), Amazon gift cards (or similar) and DM/email you the codes, or mail you prepaid Visa/Amex credit cards.
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  • 4,605
17 votes
Accepted

Is there a rule that a merchant must identify themself when making a charge

Here's an excerpt from VISA's Card Acceptance Guidelines for Visa Merchants (PDF) Merchant Name The merchant name is the single most important factor in cardholder recognition of ...
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  • 369
17 votes

Someone is trying to sell me something online with Venmo. Is it a scam?

This is 200% a scam The smoking gun is the same detail as in my answer to this question - the unnecessary convincer. I'm going to cut and paste from that answer, and I think you'll see the relevance. ...
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  • 2,556
14 votes

How should I handle money returned for a product that I did not return?

I basically agree with gaefan, you've done more than you need to. I would say that contacting the company should be enough. But there is one thing missing in that answer, thus I'm writing this as a ...
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  • 1,029
13 votes

How common is 3-D Secure with US credit card users?

The US credit system has evolved to have a very healthy appetite for fraud in the name of transaction simplicity. By and large, end users have no fraud liability. Very large merchants may absorb ...
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  • 48.5k
13 votes

Can I dispute charges where I did not enter CVV?

The dispute will not center around whether you gave the CVV number or not. The dispute comes down to whether you received the service contracted or not. In this case, the service was a reservation of ...
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13 votes
Accepted

Should I pay a company who failed to collect VAT from me over 6 months ago?

It looks like businesses selling services (like software downloads) from outside the EU to the UK have to register for VAT if the amount of such sales goes over the UK VAT registration threshold: [...
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12 votes
Accepted

Why is no routing number asked for?

Normally, your bank's online bill pay will send a check to the physical address you enter (some high-volume recipients may be set up with the bank to get an electronic transfer). The account number ...
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  • 20.4k
12 votes

Automatic payment *after* payment due date: why?

"my water bills will automatically be deducted from my bank account at my financial institution approximately 3 working days (excluding holidays) after the payment due date as described on the ...
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11 votes

How can a client pay me for freelance work if I don't want him to know my name and he is uncomfortable using bitcoin?

If refillable payment cards are commonly used in your region, you could purchase a card and send him whatever information he would need to refill it, usually a QR code or a number. In some countries ...
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  • 211
10 votes
Accepted

Money deducted without Verified By Visa authentication

On Indian cards Verified by visa comes only for Indian sites as RBI has mandated by regulation. However foreign sites need not be governed by Indian laws. Depending on the site you can request for ...
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  • 56.6k
10 votes
Accepted

Product and refund offered in exchange for Amazon Verified Purchase review

I had a similar offer recently from a seller from whom I had previously bought a product. They specified that I had to buy a particular product, leave a 5 star review for it and then email them with ...
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  • 21.8k
9 votes
Accepted

Must I pay a credit card balance after receipt of the statement, or can I pay as I go?

Yes, you can pay off your credit card as early as you like, even before the closing date. If you do this, you'll see this payment on your next statement, and the amount due will be adjusted ...
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