Visa Cuts Off 100 Merchants For the “Negative Option” Scam originally materialized on About.com Credit / note Management on Friday, December 18th, 2009 at 13:41:30.
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They’re including planning to muscle with the FTC and the Better vocation Bureau to warn consumers about these trials.
How can you hide such a scam?
Have you ever signed up for a free trial overture for a product, but had to use your credit card to pay for shipping? The box is typically checked automatically. If you fall to pass finished it and leave it checked, you’ll see future charges on your credit card. If so, you may have dinosaur a victim of the “negative option” scam where the retailer continues to charge you even after the free trial now of something in the young print.
When you nod up for these free trial offers, there’s occasionally a statement that you must uncheck to say you don’t yearning to join a club to keep up receiving produce or services in the future. In some cases, you might even premonition up for multiple offers and get several charges on your credit card.
After receiving teeming complaints, Visa has stopped payment processing services for 100 of these retailers.
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This post was written by admin on December 20, 2009
