Additional layer of security for online transactions*** Less Chargebacks

Hi all 🙂

From August 01, 2009, RBI has mandated an extra level of verification for all online credit card transactions. Does this mean that sellers will have less chargeback issues from 01st August onwards ?

following is the ink to this announcement :

http://www2.ebay.com/aw/in/200907.shtml#2009-07-16225127

Regards,


shivamemory
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Additional layer of security for online transactions*** Less Chargebacks

spl_ind
Community Member
Yes, I hope so.
Message 2 of 9
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Additional layer of security for online transactions*** Less Chargebacks

fashion-badshah
Community Member
Then I will start again selling on Ebay India
Message 3 of 9
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Additional layer of security for online transactions*** Less Chargebacks

Hi,
That is a thoughtless move.What happens to international buyers?There should be a limit to harassment.Already buyers are very much agrieved by strange behaviour.Now they can pass the buck to Reserve Bank.This is pathetic.
Thanx,
Truly,
Amitava
Message 4 of 9
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Additional layer of security for online transactions*** Less Chargebacks

PS:
I always try to promote eBay India.I try to make make Ebay India great.PaisaPay does not take my good advice.Now this unnecessary hardle.Dont know what days are coming.
Thanx,
Truly,
Amitava
Message 5 of 9
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Additional layer of security for online transactions*** Less Chargebacks

I hope you are right shivamemory. Have absorbed lot of big chargebacks over past year. 🙂
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Additional layer of security for online transactions*** Less Chargebacks

stylish_india
Community Member
I agree with what Amitava said here.. I don't want to lose my international clients :(


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Message 7 of 9
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Additional layer of security for online transactions*** Less Chargebacks

spl_ind
Community Member
@amitava I did not get you. How can this new step by RBI make eBay India loose International Buyers?
Message 8 of 9
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Additional layer of security for online transactions*** Less Chargebacks

Hi spl_ind,
To tell you frankly,I always try to promote PaisaPay among my buyers.I am sure they will find this to be funny.
Probably you know that,eBay India has blocked international sellers by default,because they cant register with PaisaPay.This is a topic of discussion among international ebay community members.
Now,this is Reserve Bank acting arbitrarily.I apprehend that the buyers will avoid eBay India now.
God bless mother India.
Thanx,
Truly,
Amitava
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