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Chargebacks vs Refunds: What’s the Difference and Why It Matters Chargebacks and refunds may look the same to cardholders—both result in money returned—but for merchants, they’re very different stories. In this video, we break down the key difference between a chargeback and a refund, showing how each one flows through the payments ecosystem. You’ll learn what happens behind the scenes when a customer clicks “checkout,” and what goes wrong when that transaction is reversed the wrong way. Consumers often file chargebacks out of convenience—but doing so when a refund is possible can hurt merchants, trigger extra fees, and even damage relationships with payment processors. If you’ve ever wondered: ✅ What is the difference between a chargeback and a refund? ✅ Why do merchants hate chargebacks? ✅ How does the chargeback process actually work? This video explains it all in plain English. Whether you're a shopper or a seller, understanding this difference could save time, money, and a whole lot of frustration. Need help managing chargebacks? Visit https://chargebacks911.com to request a free chargeback analysis. #chargebacks #refunds #chargebacksvsrefunds #payments #ecommerce #merchantservices #fintech #fraudprevention #customerexperience #chargebackmanagement #paymentprocessing