[bodomalo]

They go to their bank, they say: I have not done that.

And their bank wants to have their customer with them - so they steal the money from the merchant. Thats what they are allowed to do.

Think about it: a) The customers bank is the ONLY judge, they can say: Merchant, you lost the dispute. b) The bank wants to do something in the favour of THEIR customer, why should be bank decide in the favour of a NON-CUSTOMER (the unknown merchant)

This system is complete bogus, nonsense and just stupid.

There is around 0,1% customers around who are just a...holes and try to get back some money. If they know how the system works, they do it. For example: If you loose your credit card you can go to the bank and say: All payments before date XY are not mine. There might be 1 illegal payment, but they can say: Everything since November was fraud. Bank will believe them.

I have "online customers" who did that, and I did not even get their contact details to sue them.