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The direct financial hit from chargebacks is undeniable. Not only does the business have to pay back the transaction amount, but they might also incur hefty penalty fees. This double jeopardy of losing both revenue and paying a penalty can cripple establishments operating on thin margins, like many in the hospitality sector. The post From Errors to Fraud: How Hotels and Restaurants Can Minimize Chargebacks appeared first on POS Veloce HQ.
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