3 ms·
28 days seems pretty definite. If your chargeback rate is that much higher, this is the cost of doing business. Don't like it, use another provider. Many will
by oliwarner 6y ago
28 days seems pretty definite.
If your chargeback rate is that much higher, this is the cost of doing business. Don't like it, use another provider. Many will kick you to the kerb, or hike your rates if you're as bad as Stripe suggest.
Get your bank-initiated refund rate down (provide some obvious customer service) and you'll get better terms.
- chrismorgan 6y ago> 28 days seems pretty definite. Paraphrasing to give the sense of the original phrase: “until further notice (i.e. indefinitely), as new funds come in we will withhold 25% of them for 28 days (rolling).”