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They also have the benefit of putting the merchant in a bad standing. Chargebacks usually incur a fee as well as credit card companies monitoring the chargeback
by scarlac 6y ago
They also have the benefit of putting the merchant in a bad standing. Chargebacks usually incur a fee as well as credit card companies monitoring the chargebacks per 1k transactions. If the number gets too high you (the merchant) will be sanctioned or cancelled.
So please use chargebacks. I speak as a former merchant: We hate chargebacks - they are an effective deterrent.