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The credit card networks charge merchant fees to process transactions. Those fees account for the cost of indemnifying cardholders against fraudulent transactio
by throwawaysvs 11y ago
The credit card networks charge merchant fees to process transactions. Those fees account for the cost of indemnifying cardholders against fraudulent transactions. The fees are passed along to customers in the form of higher prices, or come out of the merchants’ profits (or some of each). It’s all priced in.