"That's a pity - the petrol station would carry the loss on those deals by accepting the card from somebody not entitled to use it :( The bank would simply do a write back on the station owner."
I am no specialist, but my understanding is all credit charge transactions are garunteed as long as they follow the correct procedures, check the signature etc.
So is McDonalds going to get write back for millions?
Not wanting to debate humour I still think it was pretty cool.
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Shanthar Pathmanathan, MD
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