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View Full Version : $25 for chargebacks !!!


bourouba
10-18-2004, 11:51 AM
$25 for chargebacks !!!

I am setting up a merchant account through my bank. They are charging $25 per chargeback. Does it sound excessive??? It does to me.

Timothy
10-18-2004, 11:53 AM
Actually I think $25 is pretty much average.

BlikWerk
10-18-2004, 11:53 AM
I've seen as low as $15, but $25 is pretty standard.

columbus
10-18-2004, 11:57 AM
Yeh, $25 is the norm.

Captain Biggles
10-18-2004, 12:21 PM
Yup, pretty standard, some charge much more!

Corey Bryant
10-18-2004, 01:51 PM
It depends. Some companies charges $15, some charge as much as $50. Also look to see how much the retrieval request. These are usually sent out before the chargeback. Some companies do not charge for these and some can charge near $15. So this could really increase your charges if a lot of clients are requesting their money back thru Visa / MasterCard

SLH-Ken
10-18-2004, 02:25 PM
Why its always a good idea to use some sort of fraud prevention, fruadgate, varilogix etc etc etc etc