FlyerTalk Forums - View Single Post - Hotel in Australia refuses to credit deposit
Old Oct 21, 2007 | 6:27 pm
  #15  
lessthanzero
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Originally Posted by DKNYSprt95
Chargeback!!!! My business accepts Amex and I find that I lose 99.99999% of (fraudulent) chargebacks. Even with a customer signature they still take my $$ away.

So you'll have a 101% chance that the credit will come back to your account.
Hey DKNY,

I don't know of you still follow the thread, but if you do, I thought I'd say that I was in a similar situation a few years back. At that point I found out that the dispute process depended a lot on the merchant classification. I managed to change my business classification, and now have 100% success in disputing fraudulent chargebacks.
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