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Chargeback vs. Refund: What’s the Difference?

2019 March 14 Chargebacks

An ordinary buyer usually doesn’t realize the difference between a refund and a chargeback and can even use the two terms interchangeably. However, experienced merchants know that the difference between these two concepts is actually huge and one of them is definitely the lesser of two evils. So, firstly let’s discuss each term separately and ...