The document discusses the risks and challenges faced by a company in the payments industry, particularly related to fraudulent transactions, chargebacks, and the need to expand product offerings. It highlights the potential financial impact of chargebacks, the reliance on transaction fees for revenue, and the importance of developing new technologies and services to remain competitive. The document also mentions the introduction of new technologies like EMV and NFC and the challenges of gaining market acceptance.
doj/DataSet10/EFTA01377647.pdf
{"document_type":"financial","document_subtype":"S-1/A Filing","reference_numbers":["DB-SDNY-0074798","SDNY_GM_00220982","EFTA01377647"]}