Dispute / Chargeback Fee for Merchants

Most Payment Facilitators charge a certain amount for having a chargeback. A large number of disputes/chargebacks present unique operational challenges and the fee can help discourage merchants from receiving them in the first place. 

Finix offers the functionality to set a Fee for the following two scenarios:

1. A merchant receives an Inquiry
2. A merchant receives a chargeback

You can set this feature via the Fee Profile API or use the Finix Dashboard. 

Note: This feature is in Early Access mode and is being slowly rolled out. 

Using the Finix Dashboard

Application Level

At the Application level, you can set a fee profile for a selected Application in the Finix Dashboard. 

1. Navigate to the Application

2. Click on Create to create a custom Fee Profile for this Application

In this modal, you can specify:

The Dispute Fixed Fee: This is the fee that is charged when a merchant receives a formal chargeback from WorldPay. 

Dispute Inquiry Fixed Fee: This is the fee that is assessed when a merchant receives a form inquiry from WorldPay. 

3. Save your configuration.

Merchant Level

1. Navigate to the Identity

2. Click on Create in the Fee Profile Configuration

3. Click on Save to save the Configuration. 

Using the API

Please see the Admin Docs

https://finix-payments.github.io/finix-admin-docs/?shell#associate-fee-profile-to-an-application

The applicable fields you can set are as follows in the fee_profile:

Setting the Chargeback Fee at the Platform Level

If you would like to set the chargeback fee at the platform level, please open a support ticket and Finix will do that for you.