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Visa recorded a $23,148,855,308,184,500.00 purchase on Consumerist reader Dale's kid's prepaid Visa Buxx card: "My lectures about financial responsibility appear to have failed: yesterday she charged $23,148,855,308,184,500.00 at the drug store.
A New Hampshire man says he swiped his debit card at a gas station to buy a pack of cigarettes and was charged over 23 quadrillion dollars.
A technical glitch via Visa's billing department led Jon Seale of Trophy Club to receive a $23,148,855,308,184,500 credit card statement (that's $23 quadrillion, folks). The charge in question came from Wolfgang Puck's new restaurant, Five Sixty, which is expensive, but not that expensive.
Visa said a technical glitch caused the trouble, but it did not say exactly how many accounts were affected.
"A temporary programming error at Visa Debit Processing Services caused some transactions to be inaccurately posted to a small number of Visa prepaid accounts," Visa spokeswoman Elvira Swanson said in a written statement. "The technical glitch has been corrected, and all erroneous postings have been removed."
A Visa representative said affected customers will have any overdraft fees removed.
Capital One Financial Corp (COF.N) U.S. credit card defaults rose in June as unemployment increased and Americans struggled to pay their debts, but the figures were better than expected and the company's shares rose 3.2 percent
Capital One, one of the largest issuers of Visa and MasterCard credit cards, said accounts at least 30 days delinquent -- an indicator of future loan losses -- fell for fourth straight month, to 4.77 percent from 4.90 percent.
For U.S. auto loans, Capital One's charge-off rate rose to 3.89 percent in June from 3.62 percent in May, while the delinquency rate increased to 8.89 percent from 8.59 percent.