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yani
2620 days ago
Every chargeback from a fraudulent transaction costs ~$25 to businesses.
2 comments
bpicolo
2620 days ago
For middlemen it can cost significantly more, as they often have to pay the businesses for the service anyway (e.g. food delivery)
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0xffff2
2620 days ago
I read "industry" as the "payment processing industry" not merchants.
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