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Date: 20 Dec 19:01:44
From: Strange Glue
Subject: Cashing out back to Visa


Hi,

I'm searching for info on the practice of cashing out back to a (European) Visa
card. I don't even know what this practice is technically called, and would
appreciate any link to an overview of the process.

I'm particularly curious what would happen if I attempted to cash money out from
a Poker site to a card that has now expired. I actually have two Visa cards
registered on the site I play at, one expired, one current, and I'm slightly
worried any cashout might accidentally go to the wrong card.

Cheers....


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Date: 20 Dec 2006 12:58:24
From: GrimJack808
Subject: Re: Cashing out back to Visa


1) What Its Called:

Charge Back. Generally you can not get a refund from a merchant in an
amount that is more than what was charged to that merchant on the card.
Thus any excess you wish to 'cash out' must come back to you in
some other way, such as cashier's check or the like.

2) Expired Card:

Even though the card is expired, usually you keep the account number
and get a new card with a later expiration date. Thus your account is
the same account, and is still active, you simply cannot make payments
using an expired card.

Even if you lost the card and reported it lost so as to obtain a new
card with a new account number, all current charges, as well as all
refunds (charge backs) will roll over to the new account number. It is
the new charges that will not go through. New refunds tend to go
through although they take a little longer.

Also for what its worth, depending upon where you are in Europe, you
might find this link useful. It allows you to get a $100 free bankroll
for Absolute. Then you won't need to worry about Visa refund issues
because you didn't use a visa to begin with.

http://tinyurl.com/s4aw9

Good Luck!
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Strange Glue wrote:
> Hi,
>
> I'm searching for info on the practice of cashing out back to a (European) Visa
> card. I don't even know what this practice is technically called, and would
> appreciate any link to an overview of the process.
>
> I'm particularly curious what would happen if I attempted to cash money out from
> a Poker site to a card that has now expired. I actually have two Visa cards
> registered on the site I play at, one expired, one current, and I'm slightly
> worried any cashout might accidentally go to the wrong card.
>
> Cheers....
>
>
> _______________________________________________________________
> Watch Lists, Block Lists, Favorites - http://www.recpoker.com



 
Date: 20 Dec 19:32:47
From: Tanya AKA MissT74
Subject: Re: Cashing out back to Visa



That information can be found on the site's webpage. Each site may have
different rules/practices, you need to go there.

T


On Dec 20 2006 12:01 PM, Strange Glue wrote:

> Hi,
>
> I'm searching for info on the practice of cashing out back to a (European)
> Visa
> card. I don't even know what this practice is technically called, and would
> appreciate any link to an overview of the process.
>
> I'm particularly curious what would happen if I attempted to cash money out
> from
> a Poker site to a card that has now expired. I actually have two Visa cards
> registered on the site I play at, one expired, one current, and I'm slightly
> worried any cashout might accidentally go to the wrong card.
>
> Cheers....
>



_______________________________________________________________
Watch Lists, Block Lists, Favorites - http://www.recpoker.com


  
Date: 20 Dec 19:50:00
From: Strange Glue
Subject: Re: Cashing out back to Visa


Thanks, though I am interested in this in general terms. I mean, for example,
what's the practice of sending money to a customer's Visa card called? If I knew
that at least I'd be able to Google it. :-)


_______________________________________________________________
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Date: 20 Dec 2006 12:19:20
From: johnny T
Subject: Re: Cashing out back to Visa


Strange Glue wrote:
> Thanks, though I am interested in this in general terms. I mean, for example,
> what's the practice of sending money to a customer's Visa card called? If I knew
> that at least I'd be able to Google it. :-)

Charge back.

That is why you can't cash out "more" than you started with. It is also
why it is very expensive.


    
Date: 20 Dec 20:56:23
From: Strange Glue
Subject: Re: Cashing out back to Visa



> Charge back.
>
> That is why you can't cash out "more" than you started with. It is also
> why it is very expensive.

Interesting. I found this:
http://en.wikipedia.org/wiki/Chargeback

However, in the past I've definitely cashed out more by Visa than I've put in,
so I suspect this is something else. I believe the system may work differently
in Europe (where I am) than in the U.S. - ie my Poker site offers cashouts via
European Visa only...


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