All Posts Tagged With: "chargebacks"

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Social Security Payments at Risk

In an effort to help reduce processing costs and increase efficiency, the Social Security Administration, in association with the Treasury Department, requested bids from several banks and ultimately settled on Comerica Bank (NYSE CMA) out of Texas to provide Social Security recipients with a prepaid debit card. While prepaid debit cards have become commonplace in [...]

13Jan2008 | Riley Poole | 6 comments | Continued
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Merchant Service Providers Encourage Fraud and Chargebacks

So here is how the scam works, once one of the merchant providers hint at a problem with a merchant, they will begin applying restrictions, making unreasonable demands and reducing limits, all in the efforts to distract the end merchant. When the merchant eventually falters, the merchant service provider will hold back several weeks of [...]

8Jan2008 | Riley Poole | 5 comments | Continued
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The Truth Behind Wal-Mart’s Video Download Unit

Wow, no company is immune to covering up the truth. For more than a week now, Wall Street has speculated about Wal-Mart discontinuing their Video download service and while many have accepted Wal-Mart’s public statement that the reason is Hewlett Packard’s lack of supporting the software anymore, we have to ask, who is kidding who?
Wal-Mart’s [...]

3Jan2008 | Riley Poole | 3 comments | Continued
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Why Online Merchants WILL NOT accept American Express

I love American Express, I know a lot of people out there don’t, but I think it’s a great company. They do a lot of good stuff for small businesses and they are very good at what they do overall. However, sometimes even the best of them screw up and hopefully by me pointing this [...]

2Jan2008 | Riley Poole | 11 comments | Continued

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