Thread Tools Display Modes
Old 04-29-2012, 11:36 PM
pmarc pmarc is offline
Junior Member
Join Date: Apr 2012
Posts: 2
Default more...
Here are more scenarios you all haven't covered:

The buyer mismanages his money, so while waiting for his merchandise he's embarrassed to call the seller to explain. He calls his bank or cc processor. That's a Chargeback. Any time, even a 30 second call to the bank, someone calls about a problem with a transaction - that's a Chargeback. Obviously , it doesn't take much. A guy loses his job and during the merchandise's delivery he can't afford what he bought. He calls his bank. Charge-back. Someone has buyer's remorse - decides he didn't buy the right thing. Doesn't want to ask the seller for fear of getting involved with a salesman who's gonna try to talk him out of the return. He calls his bank instead. Charge-back.

Luckily cc's and banks allow a certain % of Chargebacks without penalizing the seller. Based on % of gross and/or % of transactions. The banks don't like Chargebacks because they themselves are often required to return the buyer's money to the buyer. Then they have to pursue the seller to get paid.
Reply With Quote
Old 06-29-2012, 01:09 AM
mattboreau mattboreau is offline
Junior Member
Join Date: Oct 2011
Posts: 12
But what is the difference between a chargeback and a refund?
Reply With Quote
Old 06-29-2012, 02:29 AM
junwei junwei is offline
Junior Member
Join Date: Jun 2012
Posts: 18
Default chargebacks
I think chargebacks should be noticed in advance, or it maybe hurt comsumers.Junwei Medical dental compressor manufacturer Provides high quality dental compressor, Dental Air Compressor, Dental Chair,Dental X Ray Equipment,Autoclave,Apex Locator,Endo Motor,Pulp Test
Reply With Quote

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Latest Threads
- by Brients


All times are GMT. The time now is 09:37 AM.

Powered by vBulletin® Version 3.8.9
Copyright ©2000 - 2020, vBulletin Solutions, Inc.