TELECOM Digest OnLine - Sorted: Re: New Electronic Check Law Sinks 'Float'

Re: New Electronic Check Law Sinks 'Float'

Isaiah Beard (sacredpoet@sacredpoet.com)
Thu, 04 Nov 2004 10:44:25 -0500

DevilsPGD wrote:

> I use Visa for the opposite reason -- Lack of paper means I can
> reverse any charge at a whim, and it's up to the merchant to produce a
> signed paper or they'll eat the charges.

True, however, things like auto finance companies, mortgage companies,
student loan servicers, and courts where things like parking or
traffic tickets are owed have recourse of their own if a payment can't
be tracked. :) So, I'd much prefer to have proof of payment in those
cases than not.

E-mail fudged to thwart spammers.
Transpose the c's and a's in my e-mail address to reply.

[TELECOM Digest Editor's Note: That is where when you use a credit
card to pay a bill you want to keep track of the authorization number
the merchant got when he sold you whatever. That happened to me once
with my good friends, Southwestern Bell. They told me they did not
get a payment, I said they did. They said "well you have to send us
proof or get cut off". I produced the sales authorization number they
had been given when they first took my card as payment, and told them
"there, you see you got paid. Now straighten it out with VISA who
authorized it, and here is a copy of my bill showing where you got
the money." They were most perturbed by that remark, but they agreed
they had gotten the money; they just did not know what they had done
with it or where they applied it, which was not my fault. PAT]

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