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Online Payment Systems (Payment Cards (Disadvantages (Merchants (Per…

- - - - Liability of fraudulent card use : $50
    - - Fraud protection
  - - - Per-transaction fees,monthly processing fees
      - High price of goods & services
      - Provide built-in security
    - - Annual fee
- - - - Acquirer fees
      - Interchange fees
  - - - Handling closed loop & open loop systems cards
    - - Mid-size
      - Small
      - Large