In message , at 13:38:33 on Mon, 27 Feb
2012, Stephen Sprunk remarked:
If the card company finds in favour of the consumer, I'm sure the
merchant doesn't get paid,

The merchant was _already_ paid, so if the dispute is resolved in favor
of the consumer _and_ the merchant is liable for the fraud, the
merchant's account is charged back.

It's not always a fraud. Chargebacks can arise because an item is "lost
in the mail".

And when I say "merchant doesn't get paid", that's obviously a
reflection on the situation after the chargeback has been received, not
a comment on the short term flow of what are only semi-cleared funds.
--
Roland Perry