How much do chargebacks cost your business?
Use the chargeback calculator to see how much money you will save using our chargeback prevention service.
How to calculate chargebacks cost
The chargeback calculator you see helps you understand how much chargebacks are costing you.
First, you input your average sale amount, which is the average amount a customer pays you per product/service. Next, you tell the calculator how many monthly chargebacks you deal with.
From there, the calculator estimates your lost revenue by multiplying the average sale by the number of monthly chargebacks. It then estimates the chargeback fees, which are costs set by banks or payment processors per chargeback.
It also includes additional administrative fees for managing these disputes. The total annual cost is then summed up.
This calculator is great for seeing the cost of chargebacks. It can help you decide whether to invest in our prevention services.
How does this work?
Chargeback prevention can lead to significant savings by turning potential chargebacks into refunds, thus reducing both their frequency and associated fees.
This also frees up the time you would otherwise spend responding to each chargeback and helps avoid payment issues.
However, suppose your average order value is quite high. In that case, contesting the chargeback rather than issuing a refund might be more economical.
If you're unsure whether this strategy suits your business, feel free to reach out for a brief discussion. We can help you determine the most effective way to manage chargebacks.
Frequently asked questions
Here are the most frequently asked questions we get about Chargeback.
You're only charged when we provide an alert. And every alert is a chargeback stopped. For a more detailed overview, please visit our pricing page.
Currently, we support Stripe, Shopify Payments, Braintree, Chargebee, and Recurly. We also plan to expand our integration to include Klarna and Adyen.
Chargeback is a chargeback prevention service designed to do exactly what its name suggestsāprevent chargebacks.
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We achieve this by alerting you about transactions in which the customer has just requested a chargeback. We will then automatically refund these transactions before they escalate into chargebacks.
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This helps reduce your chargeback rate, lower fees, and minimize potential payment processor issues.
Yes, you can cancel our service at any time.
Integration with your payment processor typically takes a few minutes. Depending on the system you activate, we aim to have you live within 12 hours.
A chargeback alert notifies you of incoming chargebacks 24-48 hours before they're officially filed.
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This allows you to automatically issue a refund to avoid the chargeback. Reducing your chargeback rate, lowering fees, and minimizing potential payment processor issues.
We have no onboarding fees, no contracts, or monthly minimums. Chargeback is free to start, and we only charge per alert.
No, there is no ongoing management needed. The setup takes just a few minutes, and then our system runs on autopilot, allowing you to focus on growing your business without distractions.
