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Maybe your bank charges that, most do not charge a fee. The bank would cover it and the actual fee they pay is far less.
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Tradesmen scamming people has been going on forever, well before cards and electronic banking.
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What hope do you have when your cash is stolen, you get ZERO of that back.
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Clearly you have no idea how this works, those charges are mostly card company fees, MasterCard,Visa, etc
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Those extra bank charges we cop when we tap our card should pay to keep Armaguard afloat. Best of both worlds for the banks.