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$50-100. We run analytics on the chargeback code / bank bin and see which is likely to win or deny. The whole area is just a tax on helpless business owners.
by chasebank 4y ago
$50-100. We run analytics on the chargeback code / bank bin and see which is likely to win or deny. The whole area is just a tax on helpless business owners. We have 30 day return windows, 24-7 customer service via phone / email. Some people just wanna buy stuff online and get it for free. Price of doing business i suppose but it still pisses me off.
- theturtletalks 4y agoSame thing with my business. The messed up part is if a new business owner is starting off and doing everything by the book, a chargeback early-on can get him banned from Stripe/PayPal. Someone mentioned above that banks don’t give a damn because they’re insured. Maybe online businesses need fraud insurance too, especially with chargebacks on the rise.