this post was submitted on 02 Apr 2026
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The payments giant says charge disputes have risen 35% since 2019, costing merchants and banks billions in avoidable losses

top 7 comments
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[–] paraphrand@lemmy.world 4 points 1 hour ago

They should be required to publish the system prompts and any other prompting used.

[–] Tim_Bisley@piefed.social 7 points 2 hours ago

If I don't have these protections with my card why use it? The whole point was being able to make purchases with confidence.

[–] Mwa@thelemmy.club 11 points 4 hours ago* (last edited 3 hours ago)

We need something that Isn't Visa or Mastercard ngl.
Edit: actually it exists depends on country.

[–] supersquirrel@sopuli.xyz 13 points 4 hours ago

I hate this timeline.

[–] onlinepersona@programming.dev 26 points 5 hours ago

Alternatives to the duopoly can't come fast enough.

[–] adarza@lemmy.ca 10 points 4 hours ago (1 children)

risen 35% since 2019

so.. since covid, then. how much of this 'billions in avoidable losses' were just left on people's doorsteps?

[–] corsicanguppy@lemmy.ca 2 points 3 hours ago

Excellent point. Is it bouyed on petty theft? Should visa take that hit or should it be insurance?