Money-saving tipsI'm broke, you're broke, we're all broke. Even the smug guy on the balcony with the croissant hasn't got two AmEx gold cards to rub together these days. Tell everybody your schemes to save cash.
(
Scaryduck LIKES EGG, Thu 10 Nov 2011, 18:09)
« Go Back | See The Full Thread
In the old daysbefore chip and PIN
I was told that big shops such as supermarkets took your card details and signature, assumed everything was OK and then processed all the payments in one go (end of the day or overnight).
The card details were checked realtime to make sure they weren't cancelled but the balance wasn't.
Randomly, the card company would not allow the transaction automatically and they shop would have to ring up to get it authorised (I don't think this is the same as the fraud detection phones calls these days).
Might be bollocks, but if the supermarkets still process all the payments overnight then some might get lost in the system somehow.
(
thistle, Fri 11 Nov 2011, 21:59,
Reply)
« Go Back | See The Full Thread