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You can get fined and kicked off the payment network if your business has an excessive number of chargebacks. The chargebacks measurement is the number of charg
by Brystephor 4y ago
You can get fined and kicked off the payment network if your business has an excessive number of chargebacks. The chargebacks measurement is the number of chargebacks, not the amount of dollars chargedback.
These fines can be greater than $100,000 USD. Being kicked off a network such as Visa or MasterCard would be even worse.