Re: Claiming back my money
- From: "Matti Lamprhey" <matti@xxxxxxxxxxxxxxxxxxxxxxxxxxxxx>
- Date: Sat, 31 Dec 2005 10:54:38 -0000
"steeler" <nospam@xxxxxxxxxx> wrote...
> "The Older Gentleman" <chateauSPAMKILL.murray@xxxxxxxxxxxxx> wrote...
> >
> > I thought that it had been decided that Paypal payments fell within
> > the recovery net for CCs, though. What is the position, then?
>
> Position is muddy and depends on the card underwriter. Some let you
> claim under the transaction guarantee, others contest it is quasi-cash
> and the responsibility lies with paypal. Until it is tested in court
> the legislation is unlikely to get much clearer.
And this means that the card issuer is very likely to want to settle
claims rather than let them go to court.
Matti
.
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