What are Chargebacks REALLY Costing You?
Chargebacks cost you more than just a refund … a LOT more. There's the price of goods sold, costs for shipping, fees, administration costs, and more. In fact, studies show that every dollar lost to chargeback fraud actually costs merchants an average of $2.40. That's a serious hit on your bottom line, and the numbers can actually go much higher. To get an idea of how much your company is losing each year to chargebacks, try our easy-to-use calculator: