Online Business Transactions
Credit card chargeback for online transaction?
Good day. I’ll be doing some online business like selling membership. So there’s no physical objects exchanged between me and my customers. What can possibly cause credit card chargeback? I heard that many are exploiting this system. Just in case it happens, do you recommend joining third party chargeback recovery service?
As long as they are using a credit card you are at risk for a charge back. The only thing you may do is go through Paypal which guarantees exemption from certain charge-backs (not sure if there is a limit to this or not) or find some way to get people to pay with debit cards which cannot be charged back.
Cheers
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