ChargeBank

Let me discuss about chargebank what is it . Essentially, a chargeback fee occurs when a cardholder disputes the sale at their card issuing bank. The card issuing bank sends through a chargeback to recover money for their cardholder. The merchant agrees to pay a chargeback fee for each chargeback that bank deems valid.

In order to boost online credit card usage, credit-card companies usually limit customer liability to only $50, some none at all. All it takes is for a customer to claim that the transaction was fraudulent and then the merchant could be liable for the hefty chargeback fee. The merchant must raise prices in order to remain financially viable.

This is a great post, its really beneficial for someone who don't know about what is chargeback.
Thanks for the post.