Which is the other end of the problem: deadbeat customers charging back. Ironically, that is probably one of the things keeping back ecommerce. The cost of thi

Which is the other end of the problem: deadbeat customers charging back. Ironically, that is probably one of the things keeping back ecommerce. The cost of this purchase security is a very high cost to retailers. I've heard some say that chargeback costs (including software, security mechanisms customer service staff calling customers, verifying liaising with police, etc.) amount to about 10% -20%. The CCs, being oligopolistic monstrosities can secure customers, but that doesn't mean the system works well.