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Merchants Often Foot Bill for Credit Card Fraud

By Libby Lewis
Published June 19, 2005 at 9:00 PM PDT

MasterCard International reported Friday that 40 million credit card numbers may have been stolen. Merchants bear the brunt of fraudulent transactions. Credit card companies charge the merchants for the stolen services or merchandise and for additional fees.

Copyright 2005 NPR

National News
Libby Lewis
Libby Lewis is an award-winning reporter on the National Desk whose pieces on issues of law, society, criminal justice, the military and social policy can be heard on Morning Edition, All Things Considered, Day to Day, Weekend Edition Saturday, and other NPR shows.