Card Issuers Losing $562 in Costs to Grey Charges
Hey merchants, yes you, BillGuard released a report that examined the grey charge problem among US debit and credit cardholders and the service costs impacting card issuers and retailers. The report revealed 11 types of deceptive ‘grey charges’ that retailers use to mislead consumers in their sales and billing practices. Yaron Samid, founder and CEO…
