@collegeitdept thank you! It is hard to watch the media numbers. No true merchant account is marked up >75 basis points over interchange.
@collegeitdept The chargeback is always on any merchant but in retail it is not common because a card was present.
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@BrianRoemmele oh! Yes. That makes sense. But if card not present IE: online on Amazon. If there's fraud Amazon pays? -
@collegeitdept yes, card not present is where to basic chargebacks form: 'Not what I ordered' or 'Card was stolen' merchant loses in both. - 2 more replies
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