
Group Product Manager at Levi's Talks: Data for Beginners
The Product Podcast
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Chargebacks Are a Big Problem for Merchants, So What Do You Do?
Netflix has seen a lot of chargebacks, which are what happen when you buy something with your credit card. The banks will ding you as a merchant for that sale. If you go above a certain threshold, the banks will actually not accept your payments. "It's like a huge, huge cluster that you don't want to get involved in," he says.
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