Assertion: merchant | /r/CapableOf | eat the cost of the transaction
Facets:
value: of card networks
type: OTHER
value: of the banks
type: OTHER
Source sentences:
text: After that point, the business would be eating the cost of any fraudulent transactions — meaning that instead of the banks and card networks reimbursing the cardholder for the sale, the merchant would eat the cost of the transaction (as well as the cost of any merchandise) in addition to any chargeback fees assessed by the payment processor.