Bloomberg calls chargebacks "friendly fraud" — but it's often the only option

Americans filed 158 million card-transaction disputes in 2025 - up 29% since 2021, according to a Bloomberg Businessweek piece by Amanda Mull. Worldwide, the jump was even steeper, 46%. Bloomberg describes it as "friendly fraud" - shoppers disputing charges they know are legitimate, a habit TikTok now teaches with step-by-step tutorials on chargeback-ing your way to free stuff. - Read the rest

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