So this is what is vexing people today? REALLY?????
People really need to get some perspective.....
So this is what is vexing people today? REALLY?????
People really need to get some perspective.....
Visa and MC would not shut out SE over chargebacks. They would lose millions, if not billions in fees. They're not given to stupid moves.
I have a friend who works at one of them and I can tell you from first hand knowledge, what they do is:
require companies incurring more than X % threshold of chargebacks to strengthen their verification processes.
And this is literally what SE did NOT do.
So, I feel that this is not about chargebacks at all.
I feel this isn't even about RMT at all.
Because, SE said clearly, the RMT activity will continue.
Not 'can' continue, not 'might' continue... but -will-.
So, it's impossible that this is a 'fix' for RMT.
Wonder if Square was in a tough spot with the recent “cyber attacks”.
Maybe they did this for a step to help people from being robbed blind.
“Oh no my account was hacked and someone gifted an account (insert $100s of dollars of mog station items)”
If that’s the case. Good job in helping your customers!
There is a post on twitter by Lady Xhiel White, or @Miss_Xhiel . She made a post regarding why such actions were taken, and its related back with SE giving out the update for everyone to update their passwords due to breaches. Its EXACTLY about that, and the fact that doing ton of purchases revokes will get the companies processing said transactions to ban the company for having these problems.
I honestly recommend anyone who is curious to look it up and read it. (Its 15 tweets.) Its all legal stuff; and I think it'll help with some confusion. I don't like how things are happening, but it is what it is.
https://twitter.com/Miss_Xhiel/statu...57930184790021 some lite reading