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New Refund Option - 50%???

Did I hear that right?  If we offer free returns then we can only refund the buyer 50%?  Does anyone know the specifics on this?  It seems like this slightly negates the buyer scam of returning a different item than purchased (which is our main culprit) or negates the "tried it, used it, returned it" scam.

 

Can anyone comment knowledgeably on this?

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