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Keep in mind that chargebacks are considered a nuclear, double-edged option. Yes, you can get your money back as a customer or abuse the system to financially c

Keep in mind that chargebacks are considered a nuclear, double-edged option. Yes, you can get your money back as a customer or abuse the system to financially cancel someone, but issue too many chargebacks and the banks will be more than happy to also kick you out too. Chargebacks as they are intended are used only when all other attempts at resolving a dispute have failed, including the merchant refusing to issue a refund. It's the means of last resort and damages the credibility of both sides involved in the transaction.

piltdownman 3y ago
The problem here lies not in legitimate chargebacks, but in chargebacks as a result of using fake or stolen credit cards. There's a whole industry of blackhat and greyhat Scamming as a Service, ranging from botnets used to delist AdSense ads, to Eastern European carding forums which offer scripts to run 100s or 1000s of transactions that will be flagged fraudulent within 24hrs.