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Cake day: October 27th, 2023

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  • I have dealt with alot of these cases over 20 years in business.

    The bank will side with him on the basis its a defective product. Here’s what you can do.

    Option A: Ask him to return the product in order to issue a full refund to him. If you receive a dispute from the bank, you will respond telling them you have asked the customer to return the product. They generally accept this and the customer must show proof that you have received it. In some cases I have had the bank reverse the dispute because the customer refused to send the product back.

    Option B: Refund the customer, let them keep the product and be done with it.

    I used to opt for Option A at the beginning of my business career just because it use to annoy me that the business is always the one who pays the price for everything. I quickly learnt though that some things need to just be written off as a bad debt. It would cost me less to just refund them and have the case closed and my energy wouldn’t be wasted on these sorts of issues. In addition to this, having chargebacks and disputes raises flags against you and if they become too many, the bank can cut off your credit card facility.

    Good Luck :)