@Anonymous wrote:
@PDXoriginal wrote:Went for my usual morning espresso, every thing seemed fine until I drove off and got a large purchase alert from Amex. Opened the app to find this!
It is obvious the person entered the wrong amount, thankfully they voided the purchase without any fuss. Normally I never had a problem with Square payments, but this place doesn't get a signature from purchasers so you can't really verify until you get the email receipt.
Talk about the most expensive coffee ever!
Can't see the pic. So, did the coffee ended up being free or what?
No. But the coffee was elebenty million dollars. Actually $7503.50. Close to elebenty million.
@AvadaKedavra wrote:Eek! That's a hefty charge!
Though I don't quite understand what the difference between credit and debit would be in this situation
Imagine you wrote a bunch of checks to pay your mortgage, utility bills and credit cards and they were due to clear on the next day or two, you used your debit card to pay for coffee at Starbucks and the clerk made a mistake by entering the wrong amount; such a mistake will cause you a big disaster plus Hundreds of dollars in fees and you have to wait for days to get that money credited back to your checking account.
@AvadaKedavra wrote:Eek! That's a hefty charge!
Though I don't quite understand what the difference between credit and debit would be in this situation
The biggest difference, I think, is when using a debit card they are playing with your money which, in this situation, could potentially turn into a disaster that could take days to straighten out.
With a credit card, it's the banks money in question, not yours. So not a big deal to you, the consumer.
@peaceonearth wrote:
@AvadaKedavra wrote:Eek! That's a hefty charge!
Though I don't quite understand what the difference between credit and debit would be in this situation
Imagine you wrote a bunch of checks to pay your mortgage, utility bills and credit cards and they were due to clear on the next day or two, you used your debit card to pay for coffee at Starbucks and the clerk made a mistake by entering the wrong amount; such a mistake will cause you a big disaster plus Hundreds of dollars in fees and you have to wait for days to get that money credited back to your checking account.
Right, but people also have recurring charges charged to their credit card, and you can get in to part of the same trouble, charges fail because it exceeds your CL, creditors charge penalties, and maybe at first issuer takes AA because of the failed charges. The money isn't gone from your bank account, but it's not harmless.
@longtimelurker wrote:
@peaceonearth wrote:
@AvadaKedavra wrote:Eek! That's a hefty charge!
Though I don't quite understand what the difference between credit and debit would be in this situation
Imagine you wrote a bunch of checks to pay your mortgage, utility bills and credit cards and they were due to clear on the next day or two, you used your debit card to pay for coffee at Starbucks and the clerk made a mistake by entering the wrong amount; such a mistake will cause you a big disaster plus Hundreds of dollars in fees and you have to wait for days to get that money credited back to your checking account.
Right, but people also have recurring charges charged to their credit card, and you can get in to part of the same trouble, charges fail because it exceeds your CL, creditors charge penalties, and maybe at first issuer takes AA because of the failed charges. The money isn't gone from your bank account, but it's not harmless.
Which reinforces your own concept of using specialized cards for categories of spending. If you do that, then the card you would use for coffee would have nothing to do with the card that pays your utilities.
It's nice how Longtimelurker usually gives the problem AND the solution to many an issue...