Re:With IPO Hopes Fading, Square and Box Face Reality Of Com...
by arfliw on Saturday May 03, 2014 @05:37AM
(#7690166)
Square, not Stripe. And how could fraud not cost them money? That's a cost of doing business for every payment processor.
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Re:With IPO Hopes Fading, Square and Box Face Reality Of Com...
by abcd_f on Saturday May 03, 2014 @07:04AM
(#7690317)
Fraud costs them money the same way support costs them money - it's an operational expense. What I don't know if they are also on a receiving end of any penalty fees, especially in cases of fraudulent merchants.