Chargeback costs

spiderweb · 04-16-2007

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.

ltjman22 · 04-18-2007

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!

steel_angel · 04-18-2007

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..

sood123 · 04-23-2007

Never been actually involved in a chargeback.

im2good · 04-24-2007

Yes the charge depends on purely the credit card company

superman · 04-24-2007

Wouldn't it matter more on the credit card processing company, then the actual credit card company?

IrDA · 04-27-2007

Quote:

Originally Posted by superman

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).

**peyton999** · 06-04-2007

Sorry mate, i have never done chargeback but i think it depends on the merchant you are using.

04-16-2007	#1 (permalink)
spiderweb Junior Member Join Date: Apr 2007 Posts: 15 Rep Power: 0	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.

04-18-2007	#2 (permalink)
ltjman22 Senior Member Join Date: Apr 2007 Posts: 409 Rep Power: 0	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! __________________ Myfishsite Fishing Forums!

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04-18-2007	#3 (permalink)
steel_angel Senior Member Join Date: Apr 2007 Posts: 116 Rep Power: 0	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..

04-23-2007	#4 (permalink)
sood123 Senior Member Join Date: Apr 2007 Posts: 274 Rep Power: 2	Never been actually involved in a chargeback.

04-24-2007	#5 (permalink)
im2good Junior Member Join Date: Apr 2007 Posts: 22 Rep Power: 0	Yes the charge depends on purely the credit card company

04-24-2007	#6 (permalink)
superman Junior Member Join Date: Apr 2007 Posts: 1 Rep Power: 0	Wouldn't it matter more on the credit card processing company, then the actual credit card company?

06-04-2007	#8 (permalink)
peyton999 Banned Join Date: Jun 2007 Posts: 251 Rep Power: 0	Sorry mate, i have never done chargeback but i think it depends on the merchant you are using.

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