Is Targets payment card and new refund procedure stopping retail criminal activity?
Will stricter return policies drive Target’s customers, elsewhere? Some are saying their new return policy (which will require a receipt for cash returns of $20 or more), isn’t very customer friendly, and will do just that. Some are also questioning, whether another policy (how they verify plastic transactions) is enabling fraud to occur within their four walls. So far as the new refund policy, Target’s response is that this will affect a very small amount of it’s customers. Chris Serres, Star Tribune, Minneapolis – St. Paul gives Target’s rationale for this: Target officials said the new limits affect fewer than 5 percent of its customers. Shoppers who have bought products with credit cards, debit cards or checks can still return them without receipts, without having to worry about the new limits. “While we expect the changes to … impact a very small number of guests, our goal is to minimize losses regardless of amount,” said Amy von Walter, a Target spokeswoman.Law enforcement offi
