Quote:
Originally posted by psyko514
"Chargebacks cost an average of $25 to each bank involved in the dispute (the credit card issuer and the merchant's acquirer). [...] Also, the majority of banks will write-off charges less than $15-$25, which comes from their pocket.
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I've heard things like this before, but never from someone actually in the know. In other words if a customer disputes a charge of $14.95 its very unlikely to show up as an actual chargeback?
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