News for hackers. Stuff that matters.
Re: by RicoElectrico on Wednesday August 21, 2024 @08:37PM (#41315565)
How come the chargeback value could be that much higher than the revenue? (NB: revenue, not profit)

If I buy a $3 product and chargeback, then I get $3 back, right? Or does the payment processor bill you $15 for each chargeback no matter the transaction cost?

Re: by gnutrino on Monday August 26, 2024 @09:08AM (#41356759)
Yes, the payment processor will charge you for each chargeback. Stripe’s fee is $15 per chargeback.