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A comment on Secret Service Warns of Chip Card Scheme. Parent comment

Re:Secret Service Warns of Chip Card Scheme by 411mrc on Friday April 06, 2018 @02:59AM (#16771451)
Get a good cashback card and it's not that much. Use your personal cashback card for billable business expense and you probably make money.

One thing it does do is incentivize the banks to monitor transactions. They know my card # has been stolen before I have a clue, calling me nearly immediately.

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Re:Secret Service Warns of Chip Card Scheme by NegativeK on Friday April 06, 2018 @09:26AM (#16773007)
Consumer incentives are paid by the merchant, who will adjust prices to compensate.
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Re:Secret Service Warns of Chip Card Scheme by 411mrc on Friday April 06, 2018 @12:29PM (#16774518)
Merchant fee - cash back = net cost to consumer
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