>>** How can an exchange provider offer DGCs in exchange for CC
>>payments and make money doing it?
> Right, very simply by building in a premium to cover losses.
And very substantial anti-fraud controls, plus enough capital reserve buffer
extraordinary fraud losses until volume and averages weigh in.
Casinos and sportsbooks accepting Credit Cards have very similar risks
associated. The difference is they're more likely to have the volume and
profitability to cover the risk.
A big problem with exchange services is they cannot hide the additional cost to
the customer in the margin.
Adam
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