Once Square disputes are resolved, do they still affect your loan eligibility?

I have a client purchase a fraudulent gift card, using multiple different cards in separate payments to do so. Of course, now they are all being disputed, other than a few I manually refunded once I realized what was happening. Now I have "needs work" on my account activity because of the multiple disputes. How does this work or will I stay ineligible because of them?

940 Views
Message 1 of 2
Report
1 REPLY 1
Square Champion

Hi @beauty0707.  All cases are different because all disputes are different.  If you haven’t already, you’ll need to reach out to the Loan support folks using this direct contact information.  They should be able to assist you.  Having said that, since disputes affect your gross card sales ultimately, depending on the total amount of that fraud, it might be a while.  I’ve never seen anything in Square help that specifies durations.  It depends on how much the fraud impacted your real card processing volume, I would imagine.  Hopefully, Loan Support can give you a better idea about your exposure.

Chip A.
Square Expert & Innovator and member of the Square Champions group. (But NOT a Square employee, just a seller like you)

Was my post helpful? Take a moment to mark it as a solution. Marked solutions help other sellers find possible resolutions to similar problems. Also, if you find your solution elsewhere (say, through Support), it is helpful to come back to your post and tell us about it, then mark that as a Solution. Solutions are what this Community is all about!
913 Views
Message 2 of 2
Report