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Re:Apple execs: Let's take a 30% cut of Uber and Lyft's memb... by lotsofpulp on Wednesday January 12, 2022 @07:21PM (#29914957)
For chargeback-able transactions and transactions that are reversible due to fraud, it seems intuitive that the expected value of loss would be a function of the size of the transaction.
Re:Apple execs: Let's take a 30% cut of Uber and Lyft's memb... by adam_arthur on Wednesday January 12, 2022 @09:43PM (#29916159)
The merchants pay for losses due to fraud, chargebacks, not the card network