Re:Visa, Mastercard mull increasing fees for processing tran...
by howard941 on Friday February 15, 2019 @05:58PM
(#19175533)
> CC fraud is at a high
Does fraud constitute enough of a problem to account for the magnitude of interchange fees? I'm genuinely curious in light of the sibling comments indicating that the merchants are picking up the tab for fraud while also paying hefty fees for normal transactions.
Does fraud constitute enough of a problem to account for the magnitude of interchange fees? I'm genuinely curious in light of the sibling comments indicating that the merchants are picking up the tab for fraud while also paying hefty fees for normal transactions.