It depends on the country the business is based in too, in asfas' case I imagine it's Greece. But I'd assume it mostly depends on the company used in processing the payment, ie VS, MC, Paypal, etc, those are the ones who determine those policies and they can vary from one company to another. I don't think the country where the customer disputing the charge lives should be that relevant. But those foreign transactions may have other deadlines and may be treated differently in some aspects of the sale by some payment processing companies
Having your payment reversed by anybody is most maddening especially since the payment processing cos (cc cos, Paypal, etc) will place the burden of proving it was wrong to do that on the seller, ie the business owner. I'm amazed to hear in some places it can be up to 6 mos, that's way too long. 90 days is the international de facto standard for most things like this
And yeah lol, bitcoin may be the cure for all ills one day, what bugs the hell out of me is its huge fluctuations either way, sometimes overnight. Like sometimes it's been @ $30 and quickly after it was @ just $0.20, that
is nuts if a digital currency is ever to become widely adopted (some bars in NYC are already accepting BC, how appropriate, you're drunk and you're allowed to pay in BC on top of that, I just love it lmao...)
:loco:
I think the chargeback period varies from one country to another (for the consumer). In Europe I think it's more like 6 months. I'd ask your processor what happens with foreign chargebacks after the initial 90 days.
