Credit turned down even though purchase was approved .

[YoursTruli]

An actual credit card or a debit / prepaid card? I ask because there is a difference and a lot of online businesses have systems set up that will not accept debit / prepaid cards. Years ago when some of these smaller retailers (vape shops) were having their systems hacked and credit card info compromised/stolen semi-regularly I switched to strictly using a debit/prepaid card for all online purchases (or paypal) and have run across several retailers that do not accept them, even some very large retailers.

 

[crxess]

An actual credit card or a debit / prepaid card? I ask because there is a difference and a lot of online businesses have systems set up that will not accept debit / prepaid cards. Years ago when some of these smaller retailers (vape shops) were having their systems hacked and credit card info compromised/stolen semi-regularly I switched to strictly using a debit/prepaid card for all online purchases (or paypal) and have run across several retailers that do not accept them, even some very large retailers.

Odd, never had that with my DC/mastercard

Herb, I'm still a bit confused:

Was this a Sale you were making that was rejected?
or
Was this a Purchase by You that was rejected?

I keep reading this as 2 different dealings.

 

[skoony]

@YoursTruli I use prepaid exclusively. My problem has been to get a charge
back initiated with them. They absolutly refuse to do it. Could be it's
Netspend and not actually a bank backed card.
Regards
Mike

 

[choochoogranny]

I use gift cards and late last yr. after using them for a couple of yrs. started having trouble with purchases going through. After several hrs. of checking and a couple of phone calls, found that the problem was with Paypal. I didn't have an account with them, but some of the vendors I was purchasing from did and I was considered a "guest".

Apparently I wore out my welcome and Paypal would NOT let my purchase go through until I made an account with them depriving the vendor who did have an account and paid a fee with each transaction of a sale. Looks like Paypal wanted me to pay a fee on the same transaction to them too.

 

[Bunnykiller]

wowww... did your card just get jacked??

 

[SteveS45]

Paypal once held a refund on a purchase for weeks with no reason given except it was the sellers bank. The purchase had nothing do to with the sellers bank just refunding or issuing credit to my CC. Also know of others who had payments through PP for IT work that was held for months because of the amount of the transaction. The person paying the bill was telling PP to release the funds and they do what they want. they are not governed by any FDIC or banking institutions. F -> PP

 

[crxess]

Paypal once held a refund on a purchase for weeks with no reason given except it was the sellers bank. The purchase had nothing do to with the sellers bank just refunding or issuing credit to my CC. Also know of others who had payments through PP for IT work that was held for months because of the amount of the transaction. The person paying the bill was telling PP to release the funds and they do what they want. they are not governed by any FDIC or banking institutions. F -> PP

Actually, they are well watched by government and have already been before committees to answer allegations.

 

[SteveS45]

Which government is that?

 

[herb]

Hey fellow Long Islander! Yes it is the principal!

Herb you cared enough to start a post but not enough to find out why?

My 2 Cents adjusted for inflation

Yeah , thats a good way to say it , i just wanted to know if this was common or not , tons of outfits that like my $$.

 

[herb]

Odd, never had that with my DC/mastercard

Herb, I'm still a bit confused:

Was this a Sale you were making that was rejected?
or
Was this a Purchase by You that was rejected?

I keep reading this as 2 different dealings.

It was a sale on a Subtank Mini , i'm not a sub ohm er but Katya convinced me it's killer at low wattage and with the 1.2 ohm coils .

The link was on "Deals and Steals" a day or two ago.

 

[USACelt]

I suspect, That maybe the vendor might be using a third party to manage his receivables. When this tactic is used the contracted vendor gets his money up front and the third party gets a percentage of the receivables.
They manage the contracted vendors accounts receivable. And they are the ones looking at a wide array of
criteria to make it feasible.

 

[crxess]

Which government is that?

One instance
Government agency may sue PayPal for lending practices

Another
US Federal Reserve to investigate online banking systems for potential risks

An interesting one
PayPal to Pay $7.7 Million to U.S. Over Alleged Sanctions Violations

K

 

[crxess]

It was a sale on a Subtank Mini , i'm not a sub ohm er but Katya convinced me it's killer at low wattage and with the 1.2 ohm coils .

The link was on "Deals and Steals" a day or two ago.

Thanks herb.

Was this through Paypal?
Lots of touchy moves to get through them from ECF related purchases - Hoops to jump through

Been there , but made it.

Sorry - Steals and Deals
Rejection - Your side - A card company(yours) recognizing seller as Tobacco related and interstate sales.(even if NOT a tobacco product)
Seller side - possibly to many charge-backs returning a poor Vendor rating. Caught up in political balancing of approvals.

Using cards is getting tricky in many venues due to several things including, but not limited to, hacking.
Some service Stations - big chain - will not accept a debit card with less than $75.00 available............even if only purchasing $10 gas.

 

[SteveS45]

Being sued is not governance it is the beginning of something starting to be done. About time I would say also.

May Sue, Investigate, Alleged? Not regulation or monitoring..............

 

[beckdg]

I wouldn't be here.

I'd be watching my CC like a hawk...

And reporting this issue to the CC company...

And probably exchanging it for a new one.

Tapatyped

 

[SteveS45]

Put a stop on the charge that was supposedly declined. Approved but refused? WTW?

 

[Bad Ninja]

"Herb, your credit card company did approve the transaction.
It is my credit card authorizer that has decided for what ever reason you are a credit risk.
The group I have hired guarantees me my sale dollars as long as they approve the transaction.
My fraud has done down by 90% since I have hired them.
I will have to go with their advice on this issue."

From the response you received it does not appear to be you personally but instead to be his CC Authorizer. For whatever reason they have something against your CC Company and possibly it is other users of that card have made charge backs. I would request who the authorizer is and for you to be able to request an explanation IN WRITING.

It's the vendors merchant account.
Obviously the card was good.
Just go elsewhere.

It's their loss, not yours.

 

[SteveS45]

No one is disputing the fact that the purchase was approved. It is the vendors payment guarantee service that declined it.

 

[crxess]

No one is disputing the fact that the purchase was approved. It is the vendors payment guarantee service that declined it.

Makes no sense to have 2 services when one makes you money and the other screams no. Paying twice and losing sales.

Glad I retired

 

[SteveS45]

Not paying twice the seller has a payment guarantee service. Payments go to them and they pay the seller. But they approve the payments so they turned it down. CC Company authorized or approved the transaction.

NO Reason given and the OP won't request it.