Few Options to Fight Back Against Credit Card "Chargebacks"
Friday, February 25, 2011

Few options to fight back against credit card "chargebacks"
Statistics show that consumers dispute less than 0.01% of credit card purchases, but that tiny percentage can be a big problem for small businesses, which often must spend hours verifying the validity of a charge. Card issuers also fine merchants for so-called "chargebacks," and even if a merchant is eventually vindicated, the dispute can put a serious crimp in monthly cash flow. The Wall Street Journal (2/10)
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