Quote:
Originally posted by Carrie
Psyko you can't tell me that the fines completely cover the banks' processing costs of a chargeback and that there is nothing left over for them.
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Well, since the fine is only levied in case the merchant loses the chargeback dispute, I suppose it functions as, well, a FINE and therefore a DETERRENT to help prevent future problems. A lot of guys who are charged back deserve to be charged back.