Quote:
Originally Posted by
MetroStyles 
I've had this happen to me at bars where I forgot to close it out the night before and they added some ridiculous tip. I called the CC company and they just waived the charge, but said it wasn't enough money to file a dispute. IOW, it came out of the CC company's pockets when I asked to dispute.
Which pissed me off, because the whole point was to rub it in the face of the assholes who overcharged me.
You think your CC took the hit? WRONG BIG BONG!
Sorry I am so bored at work -- I had to goto a lecture at work the other day which explained credit card processing, so I'll elucidate here for everyone's general knowledge.
Basically there are 3 actors in a CC transaction: (1) Card issuing bank, (2) CC Company, and (3) Vendor bank (i.e., the bank that supplies the business w/credit card machines).
When you dispute a charge your bank (1) says FUCK YOU to Visa/MC (2), and then that is settled. Then, (2) says tells (3) that the amount has been deducted and thus (3) will be receiving less money than expected. (3) then says OH NOOOOOOOOO, and then deducts the amount from the amount owed to the club/business.
It's all very interesting.