4 ms·
As the article outlines, they already do by not allowing you to purchase cryptocurrencies. I don't see any logical reason why "I'm paying them for a service" m
by gtf21 9y ago
As the article outlines, they already do by not allowing you to purchase cryptocurrencies.
I don't see any logical reason why "I'm paying them for a service" means they can't impose restrictions on the service they offer, except in the case of a monopoly, in which case there may have to be regulations on this.
- prostoalex 9y agoThe cryptocurrency decision was driven by higher than normal share of chargebacks. Even if the consumer is wrong, and bank eventually denies a refund on that BTC @ $16,000 purchase, there are processing and overhead costs that impact bank margins.