Well, a former “community organizer” involved in organizing voter fraud certainly wouldn’t lose any sleep over donations from Della Ware of Far Far Away, DE. Later on he can just blame it on a software glitch. Hard to believe that John Galt is giving him money, though.
Update:
Perhaps they’ve been shamed into reinstating security checks. Meanwhile, an emailer in the credit card business writes:
So let’s lay out a hypothetical situation. You’re in a business that takes payments. You expect some level of outright credit card fraud. Those transactions will be charged back, and you will owe fees on them, unless you use AVS [Address Verification Service] to prevent them. You also have a substantial number of customers who for whatever reason wish to remain anonymous. Your anonymous customers won’t do business with you if you use AVS, but you’re confident that this set of customers will not dispute their charges. The calculus is simple. If the revenues you expect from anonymous customers exceeds the fees you expect to pay from cardholder disputes leading to chargebacks, then the smart business decision is to turn off AVS.
Now if it’s against the law for customers to do business with you anonymously, then facilitating anonymous transactions goes beyond just being a business decision. But if the consequences of looking the other way are no more than having to refund the money several months down the road, then maybe you’re happy to take the money as an interest free loan in the meantime.
Another Update:
Stop testing it! You’re just giving more money to the corrupt Chicago politician!