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Merchants Often Foot Bill for Credit Card Fraud

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Merchants Often Foot Bill for Credit Card Fraud

Business

Merchants Often Foot Bill for Credit Card Fraud

Merchants Often Foot Bill for Credit Card Fraud

  • Download
  • <iframe src="https://www.npr.org/player/embed/4710441/4710442" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

MasterCard International reported Friday that 40 million credit card numbers may have been stolen. Merchants bear the brunt of fraudulent transactions. Credit card companies charge the merchants for the stolen services or merchandise and for additional fees.

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