Do you have an idea how companies like Amazon or Apple (or you know any other big corps deal with this? I doubt they just foot the bill. Do they get some kind of an insurance? Is there a possible legal action perhaps?
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It’s just considered a cost of doing business as far as I’m aware. In fact if the percent of transactions that are charged back against the merchant become too high, they are liable to be blocked by payment processors as too risky to process payments for. Which is wild, because again, it’s the merchant that foots the bill for all this.