posted on Jan, 6 2013 @ 09:53 PM
Originally posted by SkepticOverlord
Originally posted by RedmoonMWC
Sounds like someone has valid grounds for a lawsuit.
Possibly not. Read the fine print.
Every credit card merchant bank has a long TOS with a great deal of restrictions and requirements that few people read. Having set up e-commerce
accounts for clients in the past, I know this. And, in the past I have seen at least two merchants who do not allow online transitions for guns,
ammunition, and gun accessories. Just about all of the merchants that hook into mobile processing, Square being on, have just those types of
restrictions (and more).
Not saying BofA is right, but they may not be wrong either.
Unfortunately, you are probably right.
In my situation I signed up with an online company to rent a server (linux) for many reasons, including fun =)
I went to the hosting company website, put in my name and address etc., and paid using my BofA debit card. When I decided to move to the middle of
nowhere, I tried to cancel my monthly server subscription with the company. The company came back to me and said I needed to provide a photo ID to
complete the shutdown process, and I refused to send my ID to prove who I was, when they have never seen my ID before.
Long story short, I called BofA to block all payments going to the server hosting company. Months later I find out that the company has been changing
the cost of the subscription to get around the payment block that BofA supposedly setup.
Long story short... The bank would not stand on my side about the dispute, and said I agreed to the terms of the server company so they would not
help. I settled with the hosting company to pay 3 months rent, and then canceled my BofA account.
I think this thread could evolve into why would people even use BofA, and/or to list the credit card merchants to avoid using as well.