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Member
Posts: 2
Registered: ‎11-14-2012

question on chargebacks

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

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Expert
Posts: 4,525
Registered: ‎03-08-2010

Re: question on chargebacks

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

 

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Member
Posts: 2
Registered: ‎11-14-2012

Re: question on chargebacks

RaynorC1emen7,

thank you very much.

Take care