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The payment card interchange fee and merchant discount antitrust litigation is a United States class-action lawsuit filed in 2005 by merchants and trade associations against Visa, Mastercard, and numerous financial institutions that issue payment cards. The suit was filed because of price fixing and other allegedly anti-competitive trade ...
Senator Elizabeth Warren also conducted an investigation last year and found that "fraud and scams [jumped] more than 250 percent from over $90 million in 2020 to a pace exceeding $255 million in ...
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Chargeback fraud, also known as friendly fraud, cyber shoplifting [1], or liar-buyer fraud, [2] occurs when a consumer makes an online shopping purchase with their own credit card, and then requests a chargeback from the issuing bank after receiving the purchased goods or services. Once approved, the chargeback cancels the financial transaction ...
Cyber Monday came in at $10.8B spent online in the US, at the low end of the range but still a record one-day total. The pivot seems to be working. Fakespot just closed on $4 million in Series A ...
1. Decide what types of rewards you want to earn. To find the best rewards card for you, the first step is to narrow down the type of rewards you want to earn. Various cards earn different types ...
That said, a refurbished Galaxy phone can sell for as much as 30 percent off the standard price. The phones come with a new battery, are tested and repaired with Samsung parts and get new ...
Pre-Covid, Licht said the businesses were 80% cash and 20% credit card payments. “That’s totally flipped. Now it’s a minimum of 80% credit cards and the rest is cash,” he said.
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