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Acquired

Visa

6680.783 - 6702.826 David Rosenthal

And so everybody just said yes. I mean, the reality was... This was the threshold below which the banks and Visa were willing to say, okay, we'll accept a certain amount of fraud. Interesting. And then above that limit, the cashier had to go call up the merchant bank, say, hey, we got a card here. It's this number. Somebody's buying a refrigerator.

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