FlyerTalk Forums - View Single Post - Using Credit Cards in China - The Great CC Rip Off (dynamic currency conversion)
Old Aug 11, 2011 | 10:57 am
  #475  
moondog
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[QUOTE=anacapamalibu;16902615]
Originally Posted by percysmith
However places like Magic Media http://www.flyertalk.com/forum/china...on-27.html#397 , the provincial-city hotel and the Shenzhen golf course have/appear to have installed DCC cos it's not just cost free, it's profitable to them.

Forgot to add Merchant Processing Sales Persons other pitch:

"Don't even worry about any chargebacks when you cheat the customer,
the bank will take care of that". "This is a win win proposition for you and me"
I am tempted to go the "charge back" route during my next go around with Schwab. In spite of the fact that this animal is not suited for "charge backs", I still reserve the right to try... enormous amount of paperwork for both Schwab and the processing banks in China. The way I see it, 80 man hours would be wasted on dealing with my single batch order; the Chinese banks might not care about this, but I have a hunch that FIA Card Services might.

My point is that if we give the US side enough grief, they might be compelled to motivate Visa to set things straight. While I respect the fact that giving up on Visa is a reasonable course of action, I want my 2% cash back, and I aspire to change the game for the rest of the traveling community.
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