Small Business Owners Report Fraudulent Chargebacks
A tanning salon owner on the Gold Coast reported nearly a dozen fraudulent chargebacks occurring over the last 18 months. Business owners face financial penalties from fines when a chargeback is lodged, according to payment expert Brad Kelly. The merchant is held responsible for the out-of-pocket costs during the dispute process. The victim described the experience as extremely difficult for small businesses.
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Sources · 7 independent
ABC NewsRadio AU
“Rachel owns a tanning salon on the Gold Coast and says she has had nearly a dozen fraudulent chargebacks occur to her business in the last 18 months.”
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