Archive for June, 2009
How to fight a chargeback
Preparation. When someone does a chargeback, check the transaction for a valid AVS, CVV2. Get the IP address for the ISP and location information. If everything is in order, send a registered letter with return receipt to the customer (who did the chargeback) explaining you’re from the loss prevention department of company X. Your letter [...]
New IRS rule requires sellers to report web purchases
It looks like the IRS will be getting 1099 data in 2011. It will be mandatory for Mastercard/Visa, Paypal, AmEx to report credit card receipts over 20K or 200 transactions a year. Credit Cards, PayPal to Report Seller New housing law brings tax implications for U.S. eBay sellers. by Auctiva.com staff writer – Aug 07, [...]