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Inspired by true events from this morning

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[-] grandma@sh.itjust.works 18 points 2 months ago

They don't seem to have an issue sending $10 refunds to my bank account, I wonder how much it actually costs them

[-] smeg@feddit.uk 13 points 2 months ago

Complete guess here, but refunds are probably handled differently by the banks compared to new payments, i.e. undoing an error is probably free(ish), but paying people is how they get you

[-] ryathal@sh.itjust.works 6 points 2 months ago

The bigger cost is probably the processing time, limiting to $100 probably drops the number of payments by 80%.

[-] ABCDE@lemmy.world 6 points 2 months ago

Especially when they're making bank charging 30%.

this post was submitted on 27 Sep 2024
898 points (97.6% liked)

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