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general1465 • today at 4:48 PM • 2 replies • view on HN

Then why there are chargebacks in the first place? Allow merchants to have no chargeback policy.

Replies

ribosometronome • today at 5:50 PM

What merchant wants to have chargebacks? They exist for consumer protection not for the seller's benefit.

gowld • today at 4:51 PM

US federal laws mandate chargebacks as a consumer protection mechanism, primarily through the Fair Credit Billing Act (FCBA) of 1974 and Regulation Z of the Truth in Lending Act (TILA)

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