Disputing charges through banks will become the way to cancel things.
replies(1):
- it's not foolproof as many of those cards will allow the merchant to override
- their claim can get sent to collections and hurt your credit score
- you can get canceled
Seriously, if you cancel payment on a company, they'll never do business with you again, and when it's a large and difficult-to-do-without company it can hurt.
Telling people to cancel payment to cancel is just bad advice that will hurt them.
We really need strong regulation here. There is no substitute.