How is it statistically possible to keep chargebacks under 1% of total sales?
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How is it statistically possible to keep chargebacks under 1% of total sales?

I have yet to start my eCommerce business as my country is not accepted by any payment processors, so I plan to open a company in a different country. I am scared that I will go through all that trouble, make 10-100 sales, and one unreasonable person will chargeback through their bank and I am done for it.

Are you telling me that Visa/Mastercard think that, on average, there is not even 1 "difficult" person in 100 who will lie about receiving product/quality/advertising just to get their money back?I could offer the best service in the world and, probably, there would still be 2+ people who will make a fuss for the sake of it.

I'm not able to find an answer to my question. I hope I understand this incorrectly.

submitted by /u/MockingJay862
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How is it statistically possible to keep chargebacks under 1% of total sales? - by Albert - 10-06-2022, 01:00 AM

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