Archive for March 24th, 2000

CREDIT CARD FRAUD? WE’RE TOO BUSY BILKING SHAREHOLDERS

March 24, 2000

“Internet merchants haven’t always come out of the old catalog business, and sometimes they have little experience in business. They’re often new and often focused on IPOs and other stuff.”

Visa executive Dave Richey, on the warring priorities of the online merchants who pay his company fees to take credit cards over the Web, News.com, 24 March 2000