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[19 Dec 2009 | No Comment | ]
Errant Merchants Beware: Visa Terminates Scammers’ Credit Card Processing

The carrot on the stick
Imagine this scenario: You’ve stumbled upon a spiffy looking website online offering a free trial pack of colon cleansing products together with an impressive looking e-Book. All you need to do is submit your name, address, credit or debit card details (for a nominal “shipping and handling fees”), as well as other personal details, and you’ll enjoy a month’s supply of colon cleansing product, JUST the thing you need to lose some weight in time for Christmas… RIGHT?
A nasty shock
WRONG! Yes, you will receive your trial …

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[17 Dec 2009 | No Comment | ]
Merchants Terrorized By Rampant Scare Tactics

The scam Recently, it has been reported that merchants are facing a new threat in the form of unethical credit card processing salespeople. These salespeople resort to unethical methods in order to garner more sales. It is believed that this is a rampant occurrence in Springfield where a company hires people to “force” merchants into switching their credit processing companies. Banks and credit card issuers who found out about this claim that these acts are not illegal but merchants are crying foul over the lack of ethics displayed by the …