Online Purchase debited 4 years later
I purchased an item online back in 2014, paid for using Visa Debit card. I received the item no problems. However, the merchant for some reason never processed the payment. Now fast forward to today, so last week the transaction from 2014 got processed on my Visa Debit Card and as there was not enough funds, the transaction has overdrawn my account.
I have raised a disputed with my bank based on the fact of timeframe. Its not my fault the merchant did not process the transaction back in 2014 when there was funds in the account. Wondering what OzB members think of this. Should there be a limit of time for a merchant to process a transaction?