Does a company that has a fraudulent credit card used with them get to keep the...

[Argus 420]

...money for what they sold? Say a company tells someone that their credit card was used fraudulently with them, and that they need to tell their credit card company that this was a fraudulent transaction. The credit card holder is not liable for that purchase, and they get their money back.

However, does the company that made a product and shipped it out on the fraudulent credit card get to keep their money? Who takes the loss?

[LeiMe]

If the company that the card was used at took all proper precautions prior to the purchase They will not be liable. The credit card company is usally the one that absorbs the cost.