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Yeah, Stripe only gets so much say over chargebacks with their platform provider and the cardholder's bank, the only platform that I've seen chargebacks success
by posguy 10y ago
Yeah, Stripe only gets so much say over chargebacks with their platform provider and the cardholder's bank, the only platform that I've seen chargebacks successfully fought & won on is Tsys, its always a loser on First Data.
That being said, $15 is a low chargeback fee (damn close to cost the issuing bank & platform charge), generally you'll see a $25 to $30 chargeback fee with a $20 to $75 retrieval fee.
- daeken 10y agoI had two chargebacks on my service using Stripe (https://breaker101.com/ https://breaker101.com/ </shameless-plug>), and successfully fought both of them. Just throwing that out there.
- throw2bit 10y agohow does paypal handle these ? When there is a dispute, I refund the amount and thats it. Paypal bears the chargeback and Stripe passes it to the merchants ?
- simonk 10y agoPaypal charges a $20 chargeback fee on disputes with a credit card company.
- shmolyneaux 10y agoSoftware Engineering Daily had an episode[0] on fraud detection at stripe using machine learning. If you're interested it provides quite a bit of background information. [0]: https://softwareengineeringdaily.com/2017/03/17/stripe-machine-learning-with-michael-manapat/ https://softwareengineeringdaily.com/2017/03/17/stripe-machi...