Comment by koyote
2 hours ago
I have only once in my life had to request a chargeback for some random charge I had never initiated.
Where do you live or shop that you are happy to take what is effectively a 3% pay cut for the privilege of having a slightly easier option to get your money back if someone charges you the wrong amount?
Online purchases cross international borders, for example. Or even domestic online purchases. It's a whole lot easier for merchants to get sales if the customers feel safe that they can get their money back in case of fraud.
Tourism is the world's largest industry.