Thread: Chargeback Fees
View Single Post
  #2  
Old 07-22-2014, 12:50 AM
MagicPay MagicPay is offline
Junior Member
 
Join Date: Jul 2014
Posts: 14
Default
Each merchant services company / sales agent for credit card processing, can charge any fee they want. Their buyrate is usually around the $19.00, some companies buy rates are as low as $7.00 but others, in high risk industries may be as high as $39.00 so they have to upcharge it in order to make a profit obviously.

The average chargeback fee is $25, I think this is the most common selling value of chargebacks around. And I've seen dozens of merchant applications as this is what I do for my work.
Reply With Quote