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jaeden - 8:49 pm on Jan 21, 2003 (gmt 0)
The reason is, the merchants are the ones getting screwed here, not the credit card company. The credit card companies are still charging the merchants, and adding an admin fee on top of it. They don't do one bit of investigation. So, why would they care to build a central table?
gsx, you've got a point. You know, if Visa and MasterCard would put up a site, like a bulletin board where registered merchants could submit information about orders that were placed on the internet that were fraudulant, I'm sure they could put a few offenders out of commision. That would be really cool, but you know what.... they won't do that, ever.