From the merchant's view point, the transaction, if it is made using a bank credit card, is often much more secure than receiving payment with a check or carrying an unpaid balance because the issuing bank commits to pay the merchant the moment the trasaction is verified. The bank charges a commission to the merchant for this service and there may be a certain delay before the agreed payment is received by the merchant. In addition, a merchant may be penalized or have their ability to receive payment using that credit card restricted if there are too many cancellations or reversals of charges.
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