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Article #298

Re: Credit Card

#298
From: Phred
Date: Fri, 09 Jan 2004 14:48
37 lines
2584 bytes
In article <og6svv8455bkafqfadk3unjjko031ut7lv@4ax.com>, TEO <nospam@nospam.com> wrote:
>On Thu, 08 Jan 2004 08:19:22 -0500, Jack Mac <camkcaj@bellsouth.net> wrote:
>
>[snip]
>>>
>>A few weeks ago I ordered a Dell Desktop and a Dell Laptop at the same time.
>>They charged my credit card for each when they shipped. The Desktop first
>>and the Laptop about a week later. I think they state that in their policy on
>>their WEB page.
>
>        Authorization and actual posting of a transaction are
>completely different. On Credit Cards authorization simply removes the
>amount of money in question from your available credit. No interest is
>charged on this amount until it posts to the account. Generally, Dell
>likes to authorize the full amount and then post the transaction
>before the authorization falls off. This helps to prevent people
>buying computers, Dell building them, person wracking up charges on
>their CC and then Dell trying to post the transaction again, only to
>fail and have a custom built PC lying around.

Interesting.  I can see Dell's POV, but I'm not aware that this sort 
of "hold" thing is available in Oz (which is not to say it isn't 8-).

Here, I've always understood the generally accepted financial 
protocols to be (not restricted to dell.com.au):

1. Payment by cheque -- they present the cheque on receipt, even 
though there may be a delay in supplying the goods.

2. Payment by CC -- they do NOT charge the card until the goods are 
despatched.


Cheers, Phred.

-- 
ppnerkDELETE@THISyahoo.com.INVALID
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From: ppnerkDELETETHIS@yahoo.com (Phred)
Newsgroups: alt.sys.pc-clone.dell,aus.computers
Subject: Re: Credit Card
Date: Fri, 09 Jan 2004 14:48:03 GMT
Organization: Just me
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