alt Hacker NewsI always find it funny that americans think the button to oppose a payement doesn't exists on my banking app because I have a debit card and not a credit card.
Replies
margalabargala • today at 12:11 AM
In your rush to dunk on Americans you misunderstood the comment.
Everyone in America is perfectly aware that the "dispute" button exists.
Trouble is, the lag time between hitting the button and getting your money back can be weeks. With a credit card you are out zero money.
It's mostly about who possesses the money. With debit, the money is transferred. With credit, the money is scheduled for transfer, subject to my approval.
https://en.wikipedia.org/wiki/Possession_is_nine-tenths_of_t...