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1. What is chargeback insurance?
   

   How popular is chargeback insurance with retailers? What type of businesses usually obtain chargeback insurance? Thanks.

   Tags: Phillipsburg, KS, insurance, retailers

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   Asked by Qnostique from Bellwood, IL
   Answered 15 years ago.

1 Answers

1. 
   US Consumers can request a credit for up to 180 days on a credit card charge. The term "chargeback insurance" is a term used in the fees the retailer pays the credit card processing company.
   
   Many retialers will print on the receipt that ALL RETURNS must be made within 20-30days. Some retailers are also charging a re-stocking fee on returned items.
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   Answered by dougmyrick (Mentor with 315 pts.)

   Answered 15 years ago.