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Return fraud is in the news again. $3.7 billion this holiday season, according to a recent report. I talk about it because I believe that payment networks are ideally positioned to help retailers address this huge problem. Why should the networks do this? To help justify their interchange fees, of course.
See the full blog post here:
http://aneace.blogspot.com/2007/11/justifying-interchange-fees-by-helping.html
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This post is from a series of posts in the group:
The Single Euro Payments Area, the Payments Services Directive, the Eurosystem, TARGET2, STEP2, the Euro and related matters.
Sunil Jhamb
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John Cragg
13 h 0 1
Reed Luhtanen
15 Oct 0 1
Yulin Chung
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