REFUNDS AND CHARGEBACKS

Strategic Differences

Refunds are defensive:

  • Prevent chargebacks by proactively refunding
  • Maintain customer relationships
  • Avoid chargeback fees and dispute ratios

Chargebacks are reactive:

  • Respond to customer/bank actions
  • Fight with evidence when you believe you’re right
  • Accept when fighting isn’t worth the cost

Overview

Refunds

Stripe-Specific Limitations

Technical refund limits:

  • Must refund within 90 days for bank transfers (AU BECS, NZ BECS)
  • No technical time limit for card refunds
  • Cannot refund more than the original charge amount

Disputes/Chargebacks

  • “Disputes” and “chargebacks” are essentially the same thing in Stripe’s terminology - Stripe uses “dispute” to refer to what the banking industry calls “chargebacks.”
  • Let me clarify the terminology and process:
  • Stripe uses “Dispute” for what banks call “Chargeback”:
charge.dispute.created webhook = chargeback initiated
stripe.Dispute.modify() = respond to chargeback
Dispute reason codes = chargeback reason codes

Chargebacks

Overview

  • A chargeback (also known as a dispute) is when a cardholder asks their bank to forcibly reverse a transaction instead of coming to you for a refund.
  • The bank pulls the funds—plus an extra dispute fee—from your Stripe account immediately while they investigate.

When using Connect

  • For Direct charges: Your platform is responsible for chargebacks
  • For Destination charges: Your platform is responsible, but can reverse transfers
  • For Separate charges and transfers: Your platform handles disputes, can reverse transfers
  • Limiting Chargebacks: Prevention Strategies

Notes

  • Keep your chargeback rate below 0.75% to avoid monitoring programs
  • Track your rate in the Stripe Dashboard
  • Set up alerts for sudden increases in disputes
  • Review patterns regularly to identify vulnerable areas
  • By implementing these strategies, you can significantly reduce chargebacks while maintaining a positive customer experience. Would you like me to dive deeper into any specific aspect of chargeback prevention or handling?

Automated Prevention Tools

  • Stripe Radar: Machine learning fraud prevention
  • Dispute Prevention: Verifi and Ethoca alerts to prevent disputes before they become chargebacks
  • Smart Disputes: AI-powered evidence collection and submission
  • Monitoring Your Chargeback Rate

Common Reasons

  • Fraud: The card was stolen/used without permission.
  • Service/Product Issues: “Item not received,” “Not as described,” or “Service not rendered.”
  • Technical Errors: Duplicate billing or a refund that was promised but never arrived.
  • Friendly Fraud: The customer forgot they made the purchase or didn’t recognise your business name on their bank statement.

How Stripe Handles Chargebacks

PhaseAction
NotificationStripe receives the chargeback notification from the card network
You receive an email alert and a webhook event (charge.dispute.created)
The disputed funds are immediately withdrawn from your account
A $15 chargeback fee is typically applied (refunded if you win)
Response WindowYou have 7-21 days to respond (varies by card network)
Stripe provides a dashboard interface to submit evidence
You can respond via Dashboard or API
Evidence SubmissionYou submit documentation supporting your case
Stripe formats and submits your evidence to the card network
Resolution PhaseCard issuer reviews evidence (typically 60-75 days)
Decision is made: won, lost, or “in review”
If you win, the funds and chargeback fee are returned to your account
If you lose, the customer keeps the refund and the chargeback fee stands

Limit Chargebacks

StrategyDescription
Clear Business PracticesTransparent policies: Clear refund, return, and cancellation policies
Descriptive billing: Use clear statement descriptors that customers recognize
Communication: Send receipts and order confirmations promptly
Customer service: Provide responsive support to resolve issues before they escalate
Fraud PreventionEnable Radar: Use Stripe’s machine learning fraud detection
Custom rules: Set up Radar rules for your specific business patterns
Strong verification: Implement 3D Secure for high-risk transactions
Address verification: Enable AVS and CVC checks
Device fingerprinting: Track and flag suspicious devices
Technical ImplementationProper logging: Record customer IP addresses, timestamps, and device data
Shipping tracking: Use traceable shipping methods with delivery confirmation
Fulfillment proof: Maintain proof of service delivery or product shipment
Customer acknowledgments: Get signed agreements or acceptance of terms
Dispute ManagementRespond quickly: Submit evidence as soon as possible
Comprehensive evidence: Include all relevant documentation
Monitor patterns: Track dispute reasons to identify systemic issues
Pre-emptive refunds: Issue refunds before customers resort to chargebacks

Industry-Specific Strategies

Business TypePrevention Tactics
Digital GoodsImplement IP logging and download tracking
Require acknowledgment of terms before download
Maintain access logs showing account usage
Subscription ServicesSend reminders before billing cycles
Make cancellation easy and straightforward
Document all customer communications
High-Ticket ItemsRequest signed delivery confirmations
Take photos/video of products before shipping
Consider requiring signed contracts

Webhooks

  • Setting up webhooks for charge.dispute.created events allows you to automatically respond when customers dispute charges with their banks. Here’s how to implement this:

Webhook Setup

  • First, configure the webhook endpoint in your Stripe Dashboard or via API to listen for charge.dispute.created events.

Webhook Handler Example

  • For Connect Platforms
  • When handling disputes for connected accounts, you need additional logic:

Automation Benefits

  • The webhook automation ensures you respond quickly to disputes, which significantly improves your chances of winning them compared to manual processes.

Immediate response capabilities:

  • Automatically gather and submit evidence
  • Notify customer service teams instantly
  • Update order/customer records
  • Trigger fraud prevention measures
  • Send automated responses to customers

Time-sensitive actions:

  • Disputes have strict deadlines (typically 7-21 days)
  • Automated evidence collection ensures faster response
  • Reduces manual workload on support teams

Evidence types to automate:

  • Service documentation and receipts
  • Shipping/delivery confirmations
  • Customer communication logs
  • Refund/return policies
  • Terms of service agreements