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Glitch Overcharges Consumer Credit Cards
Associated Press ^ | 4-4-2004 | DAN D'AMBROSIO

Posted on 04/04/2004 1:11:22 PM PDT by TexKat

A computer hardware problem caused more than 800,000 credit card transactions to be double- or triple-billed last week at stores nationwide, including Wal-Mart, officials said.

Staci Busby, a spokeswoman for First Data Corp., an electronic payments processor, said Sunday the excess charges on MasterCard and Visa accounts had been reversed. She said she did not know details of the hardware problem.

Busby was unable to say how many customers were affected by the 800,000 transaction errors, but said they involved retailers including Wal-Mart.

"Anyone who conducted a transaction with a Visa or Mastercard on March 31 should check their statements," she said.

The errors were posted to customers' accounts on April 1. "First Data corrected the problem as soon as we discovered it," Busby said.

Busby said besides publicizing a toll-free hot line, Greenwood Village-based First Data was calling affected customers. She said some people may not see the reversed charges on their accounts until Tuesday.

Wal-Mart spokeswoman Danetta Thompson said cashiers were told about the mix-up and store signs were posted with First Data's toll-free number - 888-893-0626.


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: creditcard; overcharges
FYI
1 posted on 04/04/2004 1:11:23 PM PDT by TexKat
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2 posted on 04/04/2004 1:13:20 PM PDT by Support Free Republic (Hi Mom! Hi Dad!)
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To: TexKat
I thought this happened to WaMu (Washington Mutual) a couple of Sundays ago when they were having computer problems.

For all their want ads for IT people and as much as they pay their CEO you would think they could keep their website and banks operating 24x7 but I've frequently encountered the website not working and their bank teller machines down.
3 posted on 04/04/2004 1:21:10 PM PDT by lelio
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To: TexKat
THANKS for posting this-I was one of those affected customers...
4 posted on 04/04/2004 1:25:36 PM PDT by Severa (Wife of Freeper Hostel, USN STS3(SS) currently on 6 month deployment)
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To: lelio
For all their want ads for IT people and as much as they pay their CEO you would think they could keep their website and banks operating 24x7 but I've frequently encountered the website not working and their bank teller machines down.

A glitsch may just be the excuse they are giving to the sheeple. It could be the outsourcing glitsch, like the outsourcing food stamp helpdesk, or it could be the terrorist test glitsch.

5 posted on 04/04/2004 1:33:21 PM PDT by TexKat (Just because you did not see it or read it, that does not mean it did or did not happen.)
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To: Severa
My pleasure Severa.
6 posted on 04/04/2004 1:35:20 PM PDT by TexKat (Just because you did not see it or read it, that does not mean it did or did not happen.)
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To: Severa
I was in Walmart yesterday morning. I think I was the only one NOT using a credit/debit card.
7 posted on 04/04/2004 2:36:49 PM PDT by Catspaw
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To: lelio
PayPal is snafued today. "Too many customers" it says.

And for this they keep hiking the service fees?

8 posted on 04/04/2004 3:43:21 PM PDT by weegee (I'm anti-establishment. I oppose the liberal media elites.)
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To: TexKat
A computer hardware problem caused more than 800,000 credit card transactions to be double- or triple-billed last week at stores nationwide, including Wal-Mart, officials said.

This is NOT a hardware problem.

Here's what I'll bet happened: They ran the nightly batch job to process that day's transactions. Then the computer crashed. (Yes, a hardware problem, but these things happen all the time.) Then they rebooted the computer and restarted the nightly batch job from the beginning - without first rolling back the previous transactions.

IOW, it was a management or operations or operator error.

When was the concept of rollback-able transactions invented anyway - the '70s or something???

9 posted on 04/04/2004 4:41:42 PM PDT by jennyp (http://crevo.bestmessageboard.com)
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To: jennyp
This is NOT a hardware problem.

EXACTLY.

I have been running batch processes on mainframes for 12 years.
STEP 1: Backup
When you have a crash, you restore the backup before restarting the job.
This was exactly what you said, operator and supervisor error.

10 posted on 04/04/2004 7:26:03 PM PDT by NerdDad
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