I should clarify, I was only talking about online payments, which I know a lot better than physical transactions. From talking to some acquiring banks, I gathe

I should clarify, I was only talking about online payments, which I know a lot better than physical transactions. From talking to some acquiring banks, I gathered that 1%-1.5% was the maximum fraud rate they would tolerate, depending on the value of your account. With fraud rates like that, you will not see volume discounts anytime soon either.