Clever business model or scam?
Twice in the last month otherwise legitimate on-line businesses have attempted to rip me off. The trick is to offer a one-off service to be paid for by Paypal and then, having got your payment details, set up a continuing “subscription” to keep withdrawing the funds of the mug punter.
I keep a separate card attached to Paypal for on-line transactions and top it up before purchasing. However, I haven’t been meticulous in keeping the time between top-up and purchase minimal and I do keep an amount there for contingencies, parking meters and the like. No more!
As an ITC user of 50 years and as an accountant (retired) and small business owner this sort of “smart” retailing infuriates me. I am fairly sure it would breach Australian consumer law – these two are in the USA and UK. As they do not deal in astronomy items, I will not name them here.
Beware and keep safe.
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