Re:Court issues permanent injunction in Epic vs. Apple case
by yyyk on Saturday September 11, 2021 @08:10AM
(#28491309)
It's not just the direct chargeback fee - too many chargebacks and the credit card companies will start actively penalizing you with higher fees overall and more declines and more 3DS verification requests.
Re:Court issues permanent injunction in Epic vs. Apple case
by chucky on Saturday September 11, 2021 @06:27AM
(#28490799)
As someone in the fintech field, a $25 fee doesn't sound unlikely. The credit card companies love their fees, and every time I see them I'm amazed at just how high those fees get.
Take this with a grain of salt, it seems excessive, I should probably have looked it up again :) But there definitely is some kind of strong incentive for merchants to avoid these, not just because it wastes time for them.