Comments on: Reversing Charges On Your Credit Card http://www.askmrcreditcard.com/creditcardblog/reversing-charges-on-your-credit-card/ Latest Credit Card News, Reviews and Information Sat, 07 Nov 2009 23:38:59 -0600 http://wordpress.org/?v=2.8.5 hourly 1 By: William Smith http://www.askmrcreditcard.com/creditcardblog/reversing-charges-on-your-credit-card/comment-page-1/#comment-94328 William Smith Tue, 06 Jan 2009 16:28:48 +0000 http://www.askmrcreditcard.com/creditcardblog/?p=665#comment-94328 I operate a marine surveying business. A broker ordered a survey for a prospective buyer at a boat sales lot. The prospective buyer paid for the survey with a credit card and later decided not to buy the boat based on the deficiencies noted in the detailed survey. About a month lated the charge of $950 was reversed by the credit card company. They stated that the card holder reported the card stolen thus the reversed charge. When I asked them to reinstate the charge they refused and said I had to contact the card holder which I have been unable to do. I live in Texas and he lives in Florida. What are my options? I operate a marine surveying business. A broker ordered a survey for a prospective buyer at a boat sales lot. The prospective buyer paid for the survey with a credit card and later decided not to buy the boat based on the deficiencies noted in the detailed survey. About a month lated the charge of $950 was reversed by the credit card company. They stated that the card holder reported the card stolen thus the reversed charge. When I asked them to reinstate the charge they refused and said I had to contact the card holder which I have been unable to do. I live in Texas and he lives in Florida. What are my options?

]]> By: Alex Weinstein http://www.askmrcreditcard.com/creditcardblog/reversing-charges-on-your-credit-card/comment-page-1/#comment-86142 Alex Weinstein Thu, 16 Oct 2008 13:47:59 +0000 http://www.askmrcreditcard.com/creditcardblog/?p=665#comment-86142 I am starting a business where I will be selling my product in retail stores. I was thinking to get my own wireless credit/debit card machine, so that the stores could pay me right there, and I wouldn't have to deal with checks. However I had an idea, and this is my question. Can the stores pay me using THEIR card machine? The practice of giving a refund back onto a credit card is widely done. Buy something, take it back, they give you a refund right back onto your card. But can they do this without me having bought something to begin with? Can I walk into a store, hand them my credit card, and they give me 500 bucks right into my debit card account? I am starting a business where I will be selling my product in retail stores. I was thinking to get my own wireless credit/debit card machine, so that the stores could pay me right there, and I wouldn’t have to deal with checks.

However I had an idea, and this is my question.

Can the stores pay me using THEIR card machine? The practice of giving a refund back onto a credit card is widely done. Buy something, take it back, they give you a refund right back onto your card. But can they do this without me having bought something to begin with?

Can I walk into a store, hand them my credit card, and they give me 500 bucks right into my debit card account?

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