what's the difference between credits and chargebacks?

Collapse
X
Collapse
 
  • Page of 1
  • Time
  • Show
Clear All
new posts
Previous template Next
  • brizzad
    holla
    • Jul 2003
    • 11769
    #1

    what's the difference between credits and chargebacks?

    I see so far 2 credits and 0 chargebacks... either way they get their money back... but what's the difference?
    Tags: None
    • acctman
      Confirmed User
      • Oct 2003
      • 2840
      #2
      I always thought that a credit is something the company issues the buyer because of an error or miscommunication and a chargeback is forced because the company is not willing to give a credit or hold up to the end of the deal.

        Comment

        • Hardcore J
          Hardcore 4 Life™
          • Mar 2003
          • 2553
          #3
          credit = refund, unhappy customer/client

          chargeback = usually "I didn't do it" or "it was fraud"

            Comment

            • brizzad
              holla
              • Jul 2003
              • 11769
              #4
              ohh okay

              thanks

                Comment

                • MegaPussy
                  Confirmed User
                  • Mar 2003
                  • 243
                  #5
                  Credits can be considered against your chargeback ratio if the card companies feel like it. Just FYI. An excessive number of credits will be perceived as an attempt to cover up or hide chargebacks.

                  - Titus
                  Tabloid Cash - Fresh New Concept!
                  www.tabloidcash.com
                  [email protected]

                    Comment

                    Previous template Next
                    Working...