Yes, and cash is irreversible too. A large part of the world still runs on cash and it works just fine. Chargeback rates vary a lot by country too so this is n

Yes, and cash is irreversible too. A large part of the world still runs on cash and it works just fine. Chargeback rates vary a lot by country too so this is not as much of a problem everywhere. And with 3-D Secure authentication it's already much harder to get your money back.