On Sat, 19 Oct 1996, Dr.Dimitri Vulis KOTM wrote:
Black Unicorn <unicorn@schloss.li> writes: <a bunch of very interesting stuff>
Although I pointed out that a customer can likewise stop payment on a credit charge, it appears that while the credit card issuers must adhere to a standard requirement for dispute resolution (between merchant and issuing bank) check cards often have no standard dispute resolution system or no system at all. This leaves the recourse to negotiations between rental car company and consumer. This often results in collection procedures. (Read, expensive)
If the customer has a dispute with the merchant and follows certain procedures, s/he has a great many rights. S/he gives up those rights by not following the proper procedures. Most people don't realize this when they have a dispute.
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One would assume that on the spot clearing methods (digital cash) would solve this problem. Just TRY, however, to rent a car with real cash.
The folks who blew up the World Trade Center rented their van with cash.
I said car. It's very difficult. No one really wants to steal those big yellow vans. For some reason theft or damage of of those is not a serious problem and a good portion of their business is students moving who do not have estlablished credit yet. Go try it out. Renting cars with cash, while possible, is extremely difficult.
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Dr.Dimitri Vulis KOTM Brighton Beach Boardwalk BBS, Forest Hills, N.Y.: +1-718-261-2013, 14.4Kbps
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