Arik, That's not my experience, at all. GoldNow has processed multiple thousands of credit card transactions, with the chargeback "attempt" level less than 100. The "actual" chargeback level for GoldNow is less than 50. That includes the "rash" of eBay and other auction type frauds.
Mind you, we also get 300-800 stolen ID/CC orders per month, which we obviously reject as fraudulent. Incidently, 90% of all staff wages at GoldNow is spent filtering out these idiot crooks/thieves, and 90% of all delays is due to the same issue. We are now buying/researching exquisite Israeli technology that will semi-automatically filter out the loser drongos, with a 99.9% accuracy, which will increase efficiency, and ultimately, reduce the CC charge rates, and increase bottomline profits for the GoldNow shareholders. I'm very positive about the future... let's all of us SEIZE THE DAY! Graham Kelly CEO On Fri, 01 Aug 2003 20:44:34 +0200, "Arik Schenkler" <[EMAIL PROTECTED]> said: > Shalom, > > People (customers) use credit cards because they can charge back a deal. --------------------------------------------- GoldNow http://www.GoldNow.St Primary Customer Service +61 3 9776-4886 US Phone 1-866-999-1717 US Fax 1-213-559-8555 UK Phone +44 (0) 709 233-7612 UK Phone +44 (0) 709 201-4015 CEO Order a US *or* Israeli issued debit card today, at https://www.goldnow.st/debit_card_buy.asp --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
