Originally Posted by Zhillslady
These are kinda scary. Maybe check card service. I checked Discover and if someone uses my card and the vendor did not verify signature or was used online and not shipped to address on my account, Discover refunds the money back to my card. I feel bad for the seller but he should have checked the info when he made the sale.
Normally the merchant isnt responsible either. The Bank or Credit Card company eats it. As long as "someone" signs it, it doesnt even matter what the signature says. There are fees that the merchant pays, called interchange fees that are charged on each purchase made with a credit card, these fees are paid to the banks/credit card companies to help compensate for the losses that they have for fraudulent card usage. However, now the government has reduced the fees to a flat rate fee instead of a percentage. But, I will leave that at that, because that is a whole can of worms that doesnt need to be opened.. :)