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Thread: Chargeback costs

  1. #1
    Junior Member spiderweb is on a distinguished road
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    Chargeback costs

    As a merchant or an online shop owner, how much does it cost you to process a chargeback request? I heard you have to pay the corresponding fee aside from refunding the required amount.

  2. #2
    Senior Member ltjman22 is an unknown quantity at this point
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    I don't know the answer to this, probably depends on the merchant you are using really. Just read the TOS of the merchant you are using, should be highlighted in there somewhere!

  3. #3
    Senior Member steel_angel is an unknown quantity at this point
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    I think if you do a charge back then they will not have the option for you to be charged. They can tell you to return the item then the rest is up to them..

  4. #4
    Senior Member sood123 is on a distinguished road
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    Never been actually involved in a chargeback.

  5. #5
    Junior Member im2good is on a distinguished road
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    Yes the charge depends on purely the credit card company

  6. #6
    Junior Member superman is on a distinguished road
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    Wouldn't it matter more on the credit card processing company, then the actual credit card company?

  7. #7
    Senior Member IrDA is on a distinguished road
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    Quote Originally Posted by superman View Post
    Wouldn't it matter more on the credit card processing company, then the actual credit card company?

    Thats right to some extent but credit card company might also implement some charges other than the charges implemented by the actual credit card company (Like Visa).
    No Siggy

  8. #8
    Banned peyton999 is on a distinguished road
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    Sorry mate, i have never done chargeback but i think it depends on the merchant you are using.

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