Re: credit card conventional wisdom

The situation now is that in a "card not present" transaction the merchant is liable for the fraud. This means that *a lot* of internet based stores are getting eaten alive by fraud.

This is not quite accurate. In the US there is that distinction, in the UK the credit card co is responsible. For that reason the requirement that goods be delivered to the billing address _ONLY_ is strictly enforced.

[ as an aside I've put two people in jail this year for card fraud ]

Good to hear that! Phill