A chargeback the fee is an administrative cost that a merchant has to bear for the chargeback process. Cost associated with data transmission, compilation of chargeback process and chargeback exposure coverage for the processor is also included in the fee.
This fee adds up to the annual revenue loss along with the loss of merchandizes in case, the merchant loses the chargeback represented.
So while choosing a processor for your business, it is advisable to prepare a list of prioritized processors, compare their services & fees and make a choice accordingly.
Some processors prefer to list the chargeback fee on their pricing pages, but the others do not. Enquire about the chargeback fee by contacting the processor directly before opting for one. Below is a list of few processors and chargeback fees associated but are subjected to change.
• 2Checkout – $20.00
• Adyen – $10.54
• Amazon Payments – $20.00
• Anedot – $15.00
• Authorize.NET – $25.00
• Avangate – $12.00
• Braintree – $15.00
• CCBill – $25.00
• WePay – $15.00
• World pay – $21.00
• Zombaio – $32.00
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