Comment Re: Why is it legal? (Score 3, Interesting) 87
Actually, most if not all fraud below around $25 is not even recovered by the card issuer. Not worth the trouble.
And then there are the fraud cases where customers defraud merchants. You can guess, being a breathing
Even otherwise knowlegable people do not well understand the payment industry. Discount fees may be too much, not enough, or just right, and various reward programs may or may not be worth the costs, but after you add in fraud, deposits, and the work to make sure it is all accurate, it's just not free.