Stolen credit card info

I recently had my credit card info and address info stolen,and used over seas. I had all the fraudulent charges removed from the card via my visa bank. My real address was used on some of the purchases. What repercussions might I face from the businesses that were ripped off. I.e. a charge of $165.00 was charged for goods to a company in Australia. Will the company come after me for the money they will not get from Visa??

 

NO

 

I've never heard of any company doing that. Too much of a hassle and costly for that amount. Plus, unless they have a signature or proof of delivery, there isn't much they can do to prove you made the purchase.

 

I believe the company still gets their money. Sly?

 

My company never has.

 

I was wrong. The merchant actually gets an extra charge from the merchant processor in this situation. It is part of the risk of accepting card not present payments.

 

Thanks for the replys. I have a little concern if my credit rating (report) will (or could) be effected by this.

 

If all the charges have been removed as you mentioned, you should be fine. I would pull my credit reports though just to be sure. I do that at least once a year.

 

Yeah, especially if they shipped the goods to an address which is not the card billing address. But you are right, the merchant no only gets fucked for the bill, they also get dinged with the chargeback fee.

 

I do mine once a quarter. I had my credit card info stolen and used as well and my wife had some web hosting company she had never heard of place a collection on hers. Got them both resolved with some hassle but now I am proactive about checking.