Hey there,
this is my first question in here. I hope I am putting the question in the right section.
I need to confirm is chargeback something only possible for eCheck or is it also possible for other forms of payment processing?
Is there any charge on the merchant when a chargeback occurs or not? What about a refund? Does that imply money loss for the merchant or customer?
Thank you in advance,
Bibiki
11-15-2012 04:18 AM
I need to confirm is chargeback something only possible for eCheck or is it also possible for other forms of payment processing?
Both CC and checks.
Is there any charge on the merchant when a chargeback occurs or not? What about a refund? Does that imply money loss for the merchant or customer?
http://usa.visa.com/merchants/operations/chargebacks_dispute_resolution/chargeback_cycle.html
11-15-2012 04:45 AM
11-15-2012 05:07 AM