I hold the view that being able to reverse a payment is perhaps the most important reason I have for using the credit card. That consumer protection of being able to call my bank up and reverse the transaction because I was not at all happy with the product/service delivered and request a refund, is something that I can do on my credit card, but not whilst using cash or cheque (if the cheque has cleared).
In what respects are credit cards superior to cash or checks as payment tools?
What is the most serious consequence of signing every credit card receipt with a rocketship drawing instead of an actual signature?1 ansWhat’s the worst-case consequence of signing credit card receipts with a drawing (like a rocketship) instead of a signature?1 ansWhy do stores require signatures on credit card receipts and swipe machines?1 ansCan a company charge the final amount to a credit card on file (saved at deposit) without getting permission again?1 ans