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LivingSocial CEO: "No Widescale Problem" Of People Buying More Than One Amazon Gift Card
A by-product of doing the pre-auth first and the settlement later, is that we can do server side validation (i.e. check for gamers) anytime through the day until the settlement occurs and we've reconciled the transaction. What does this mean? It means that today people who think they've "found a loophole" just haven't been told by us yet that they're violating the one purchase per person rule. We intentionally had that happen today because we expected people to game the system and didn't want to get into a game of cat and mouse all day. That 50-75% of the purchases were gamed is laughable.