DoingHomework wrote:Writing off the inventory is another way of saying recognizing the LOSS! The store loses.
The store loses once, on the cost of the inventory, not twice or on the price of the inventory.
And really, as far as I know, if you have proper acceptance and the card is valid, the merchant copy signature matches and the POS didn't prompt for ID or phone authorization, then you should be covered for the chargeback. I'm not sure about that since I don't process credit cards and the people that do cover unauthorized use.
I might also keep your card and report the suspicious activity to the police. You would get it back eventually from your issuer but only after a major hassle.
The day that you did that to me, would be the day that I also sue you, your company, partners, credit card processor and anybody else that I could, and kept your business, house, car, retirement, insurance, vacation home, kids education...everything.