Chargeback fees

Chargeback fees are charges imposed on merchants whenever a chargeback is initiated against them. These fees are meant to cover the administrative costs associated with processing chargebacks and can vary significantly depending on the merchant's payment processor and the specifics of the merchant agreement. 

Chargeback fees are an additional financial burden for merchants, in addition to the disputed transaction amount. Unlike the transaction amount, which may be returned to the merchant if the chargeback is overturned, chargeback fees are typically non-refundable, regardless of the dispute's outcome. 

The non-refundable nature of chargeback fees adds an extra financial burden on merchants, underscoring the importance of proactive chargeback prevention and effective dispute management strategies to minimize chargebacks and associated fees.