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CC Processing and Refunds Question
Here's a question to all Credit Card Processors:
My customer buys a service from me for $100 for which I pay a 10% fee ($10) to my CC processor. The customer is not happy with the service, so I refund the $100 to him. No problem.
Does the Credit Card processor keep the 10% fee ($10), or is that reversed as well? My assumption is that the fee is reversed.
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