Re: [lb/2004] Credit Cards
- View SourceAn update on the credit card business for paying for your delegate reg
So far, we have not taken a decision on this. The issue is not that we
haven't had offers (we have) but a more legal one - accountability. As the
"front-end" for such transactions, we become legally liable in case
something goes wrong, and I have been advised that without insurance in
place, that is a no-no. If the merchant account was in *our* name, it
would have been one thing, but we can't afford that.
We are still examining things, and should be able to get back on this
within the next week or so.
December 1/2/3, Bangalore, India
- View SourceOn Wednesday 03 November 2004 08:26 am, you wrote:
>forgot to add that the credit card details are at no time disclosed to LB, so
> what would happen if card info is *stolen* from the website? will LB
> be responsible for it? what if someone says that there was a *fraud*
> transaction on his credit card after he used it at LB?
LB cannot be held liable - only the gateway can be