The interesting thing about chargeback is… nothing
They are kind of boring, merchants do not like them, aggregators despise them… but chargeback are important as they safeguard cardholders.
Refunds are essential part of online business… we cancel tickets, we return product. I think refunds played great role in growth of e-commerce as they installed confidence in users.
Refunds can be marked only against successful transactions. Merchant can either mark full or partial…