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How come the chargeback value could be that much higher than the revenue? (NB: revenue, not profit) If I buy a $3 product and chargeback, then I get $3 back, r
by RicoElectrico 2y ago
How come the chargeback value could be that much higher than the revenue? (NB: revenue, not profit)
If I buy a $3 product and chargeback, then I get $3 back, right? Or does the payment processor bill you $15 for each chargeback no matter the transaction cost?
- gnutrino 2y agoYes, the payment processor will charge you for each chargeback. Stripe’s fee is $15 per chargeback.