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.