NT school me on a paypal credit card chargeback

9,171
4,105
Joined Jan 1, 2009
please explain this term, ive heard it before but im clueless on what it actually is. is it any different for a canadian credit card company? what is the effect on a seller and on a buyer? who is at risk? thanks
 

Bert.

formerly zyzz
Supporter
87,199
24,215
Joined Oct 24, 2010
on the seller, the effect is they lose money even after shipping out the product. buyer can get their money back if they are scammed or if they want to pull a scam they can receive the item and file a chargeback.
 
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