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Understanding chargebacks

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Why Chargebacks Happen

Online resellers can face chargebacks for several reasons, including:

  1. Fraudulent Purchases Using Stolen Cards

    • A criminal uses someone else’s stolen credit card details to make a purchase.

    • When the actual cardholder notices the unauthorized charge, they report it to their bank, which reverses the transaction.

  2. Customer Disputes

    • A legitimate buyer claims they didn’t authorize or recognize the transaction (sometimes called a “friendly fraud” scenario).

    • They tell their bank the charge was not legitimate, and the bank initiates a chargeback.

  3. Customer Forgetfulness

    • Sometimes, a customer simply doesn’t recognize the transaction on their statement (e.g., your business name appears differently on their bill).

    • They mistakenly dispute the charge, triggering the chargeback process.


The Chargeback Response Process

When a chargeback is issued, the reseller must respond to the bank (via their payment processor) to contest it. This process is often called representment and includes:

  1. Gathering Evidence

    • Proof of the transaction (invoice, receipt, tracking details, delivery confirmation).

    • Any correspondence with the customer proving they authorized and received the product.

  2. Submitting Paperwork

    • The evidence must be compiled into the bank’s required format and submitted within strict deadlines.

    • This can involve filling out detailed forms and attaching supporting documents.

  3. Waiting for the Bank’s Decision

    • Even with strong evidence, there’s no guarantee the bank will side with the merchant.

    • Banks typically favor the cardholder unless the evidence is very compelling.

Associated Fees & Costs

  • Per-Chargeback Fee – Banks (or payment processors) typically charge a non-refundable fee for each chargeback, often ranging from $15–$50, regardless of outcome.

  • Administrative Burden – Time spent gathering paperwork, filling forms, and responding to deadlines.

  • Loss of Funds – If you lose the dispute, you not only forfeit the sale amount but also absorb the cost of the product and shipping.

Impact on Merchant Security Score

  • Payment processors and card networks track a merchant’s chargeback ratio (number of chargebacks vs. total transactions).

  • A high chargeback rate can lead to:

    • Higher processing fees

    • Withheld funds (rolling reserves)

    • Even termination of your merchant account

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