NewStats: 3,259,611 , 8,170,594 topics. Date: Sunday, 25 May 2025 at 05:10 PM 3j4n47

Disputes in A Nutshell:

An example of the allegation here is, someone in the UK overspent during detty December in order to show off. Afterwards they pretend that they didn’t make the purchases, claim someone stole their credit card, and their credit card company refunds them. It may be easier to initiate a dispute in some cases especially if the store doesn’t accept returns or the buyer already used what the item (eg gifted out or broken)

There are laws in countries like the UK and US that allow you to dispute a transaction that was made from your credit card or bank .

The reason for the law is, if someone steals your credit card information to make a purchase, you’re protected by the law, you ask your credit card company or bank for refund. They will investigate and issue you with a refund if they’re satisfied that your was used fraudulently. Most times when you initiate a dispute, they refund your immediately even while the investigation is going on, and then they block the money from going to the seller. The law is meant to protect the buyer from losing money.

If the seller has already offered the service, they have lost money. They can report it as a loss to their insurance company, or counter the dispute to prove that you actually did the transaction (which most sellers won’t do unless there was a contractual agreement that involves signatures as proof).

Many disputes are legitimate, so don’t just take the seller’s word that the dispute may be fraudulent. For example, I’ve seen kids use their parents’ credit cards and order stuff which the parents didn’t authorize. Also, it may be the seller’s fault, maybe false advertising or lack of important disclosures and so on.

Next time, before you accept credit from them, make sure they sign your receipt and request for the foreign drivers license or port . Take a picture of the receipt with their signature and the drivers license and the credit care.

Anyone that would not agree to doing that should take their business to another place .

I hate nonsense!
In fact I wouldn’t even accept foreign credit card. They should transfer that money as cash advance to someone and use that person card to pay .

How

Xanderone:
As in? 690 usd? We're they dissatisfied with the services they got? Or did they ask for services that weren't delivered?

Could it be that some Nigerians in diaspora now want to play on Nigerian businesses the game that the law in the US and UK where they reside will never allow them to play on businesses there?

Definitely they maxed out their credit card in Nigeria. They took advantage of T+1 payment cycle due to the fact that the merchant/acquirer is in a country different from the cardholder bank. In layman's if you are doing an overseas transaction normally with a Nigerian USD card, the debit is not taken immediately from your , but because Nigerian banks understand Nigerian consumer behavior they remove the funds and warehouse them in either uncleared effects or they place a lien on that amount, so that you cannot touch it again, then they debit it once settlement is achieved. But it is not so for foreign cards used outside their country of domicilliation. The funds still remain there until settlement, then it is debited. So these guys understand the game and they now maxed out their credit card here and now initiate dispute and cash back once they get back to their base in the diaspora.

nlfpmod:
Bizzle Osikoya, Co-Founder The Plug Global, has cried out:



https://x.com/bizzleosikoya/status/1880699982535127153?t=6GidwBVZg-23B1ZgpTy4ow&s=19

Does it mean that $1 was exchanged for N680? If so, that's daylight robbery.

Pygmalionn:
...trying to understand the story...

Make una dey simplify una write up make people for area fit understand naa

Meaning Naija people for obodo oyinbo came home to party last December. Went back to their base after using their debit or credit for purchases in naija and now instructing their banks in US and Canada, UK to dispute the transactions like its a fraudulent activity on their which is not.
Just another fraudulent way of buying things and not wanting to pay.

Pygmalionn:
...trying to understand the story...

Make una dey simplify una write up make people for area fit understand naa

He be like guys wey come ball for naija clubs and lounge last December using their credit cards...reach their base overseas..come go dey initiate dispute for their bank ...

So that they can refund their money...

Na fraud sha

The werey wey spend 20$ sef dey initiate dispute....for 30k wey him spend ooo

rajiedreez:
Ha, this is really bad. I trust Nigerians to make sure this doesn't repeat itself again next December

We switch to cash payments fast. Next December.

The will make it really hard for the IJGB that are just coming outta the shell. 😁

But what do I know.

All the business owner has to do is reply the dispute email within 48 hours with proof that the services were delivered with the customers satisfaction met.
I might be wrong though

Pygmalionn:
...trying to understand the story...

Make una dey simplify una write up make people for area fit understand naa

Nigerians who visited home from abroad have returned to their various countries and some of them are dubiously initiating transaction disputes with their banks, seeking bank reversals of monies they spent while flexing detty December.

In other words, they're claiming they didn't authorize those expenses while in Nigeria and they want the banks to reverse them.

A classic example of wanting to have your cake after eating it.

That's evil.

Insist on Nigerian bank cards, transfer or cash.

thesicilian:

I may be wrong, but I think the issue can be likened to going into a bar and asking barman to serve everybody "drinks on you" and then when they bring you the bill you start questioning what did you buy or why's the bill so high!

You can ask for refund after paying for service using your credit card for unauthorized use . People abuse it for fraudulent reasons . Shey u get

Pygmalionn:
...trying to understand the story...

Make una dey simplify una write up make people for area fit understand naa

Walahi

I can't put mouth in this discussion because I don't discuss what I don't understand anything about it.

Many Nigerian businesses are fraudulent. Two of my friends found out when they got to the Airbnb that they booked.... that their agents made multiple bookings.
So they had to stay at mine before they sorted out an alternative.
And guess what, the agents who are Nigerians, switched off their mobile phones.

essentialone1:
I can't put mouth in this discussion because I don't discuss what I don't understand anything about it.

Let me explain it to you.
If you live abroad and have a credit card, you can buy something with it and return that thing , without the seller asking you why. Your bank will return the money you paid for the item.
Sometimes, some people will lie that they did not receive the service and still get refunded. Because them know say those big companies no get their time. But that behavior is bad. Moreover, those companies fit write the item off as loss during taxes.
So, na the same lie those abroad people carry come Nigeria, eat nkwobi, pepper soup and asu , drink big stout and Hennessy finish come dey lie say them no chop. Say make bank refund the money.

SUFFERINGS ARE LESSON

Dispute the dispute and if e no gree dispute, press delete and move on.

All of una wey dey use 'hardship in Nigeria' as excuse for scamming,shey una don see say the character dey manifest anywhere. Even the ones wey dey better countries still dey do fraud.

Anybody that s yahoo is an evil person

EmeeNaka:
Stop accepting their credit cards

Exactly, they should pay in Naira, simple.

nlfpmod:
Bizzle Osikoya, Co-Founder The Plug Global, has cried out:



https://x.com/bizzleosikoya/status/1880699982535127153?t=6GidwBVZg-23B1ZgpTy4ow&s=19

This thread is confusing, both the creator and mod that pushed this to FP are lazy. They couldn’t even state the problem or use a proper title

nlfpmod:
Bizzle Osikoya, Co-Founder The Plug Global, has cried out:



https://x.com/bizzleosikoya/status/1880699982535127153?t=6GidwBVZg-23B1ZgpTy4ow&s=19

Force them to pay cash next time

This is more like a scam..... You pay for goods here.... Travel there and make dispute that such wasn't valid.... Then each banks go after the issue for settlement

Pygmalionn:
...trying to understand the story...

Make una dey simplify una write up make people for area fit understand naa

They're initiating disputes on their bank s to ask for refunds for the money spent during Detty December.

Abi quote a lot came around with stollen cards

NinjaMetahuman:
That's the problem, those financial outfits are not always reasonable and they heavily tilt towards satisfying their paying customers than some business that they most times believe insurance will cover.

Better don't receive foreign credit card if you are a business in Nigeria.

Simply cash or naija method alone..

This is the best strategy to adopt if you're a business based here in Nigeria

Shu…unto which level na. Why is our own always different! Hopefully lessons have been learnt for next time.

Dpharisee:
Even those who have no idea about what is being discussed here dey put mouth

So, why not explain it better for them to understand?!

Fake lives everywhere both home and abroad

Pygmalionn:
...trying to understand the story...

Make una dey simplify una write up make people for area fit understand naa

First thing that came to mind immediately after reading the post, then I saw your comment. I no fit pretend. If I say I understand this news, make I bend.

I have an idea what the news means. Make I look right before I type ignorant comment.

Pygmalionn:
...trying to understand the story...

Make una dey simplify una write up make people for area fit understand naa

What it simply means is that the people that did a transaction with them got back to their respective country and claim a refund for those transaction they did in Nigeria prolly tell their banks that they are not aware of such transactions so the bank will help them get their money back from (vendor) guess that's why the person was calling them out...