Hacker News new | ask | show | jobs
by danpalmer 1145 days ago
Thanks. Are your charges much more than the chargeback processing fee?

One of the issues for us was that while the chargeback processing fee was ~£20, the order values were only ~£100-300, so even in the worst case of ~£320 lost, multiplied by roughly 1 in 10 non-fraud mistaken chargebacks, and 50% win rate, the value is only £16. At that amount it would take a lot to recoup the development costs. These are all very rough numbers, but illustrative I think.

1 comments

Much less - 99% of our transactions are < $20, so every time we get hit with a dispute it's already an instant loss in terms of the dispute fee cancelling out any revenue gained back from winning the dispute.