![]() ![]() Since most Twitch streamers don't accept debit or credit card payments directly through a merchant account and payment processor, the results of a chargeback will depend on the rules for the platform that handled the payment, such as Twitch or PayPal. ![]() ![]() in the 70s when these cards were first becoming widespread, the owner of the card-AKA the cardholder-can contact their bank to dispute a charge on their card and get that charge reversed. Thanks to a pair of laws passed in the U.S. When a viewer watching your stream makes a donation or purchases merchandise, they're almost certainly using a credit or debit card. Chargebacks can affect anyone who accepts credit or debit card payments, but they're particularly common in online transactions. When accepting payments through a third-party platform like Twitch, that platform will have its own rules for how chargebacks are handled.įor streamers and other online content providers, the word "chargeback" might be a foreign one. Just like any other digital entrepreneur, streamers can suffer significant losses from chargebacks, missing out on the tips and donations that are getting clawed back and racking up costly fees as well.Ī chargeback occurs when a customer contacts their bank to dispute a charge on their account and the bank forcibly reverses that payment. Make no mistake, they’re working hard to earn that money.īuilding an audience and keeping them coming back to your channel on a regular basis takes time, dedication, skill as a broadcast performer, and often a considerable investment in the hardware and software that makes streaming possible. There’s a lot of competition in the streaming world, and while only a select few approach the heights reached by streamers like Ninja, who reportedly received over $20 million to join Microsoft’s Mixer platform, it’s not uncommon for dedicated, professional streamers to pull in thousands of dollars each month. What can Twitch streamers do to protect themselves from chargebacks? The variety of platforms through which streamers might receive payments or donations from viewers makes understanding and managing chargebacks more difficult, but that doesn't mean they should be ignored. Unfortunately, even a donation is still a payment a customer might come to regret, and when that happens, a chargeback may result. However, one of the largest sources of revenue for streamers is direct donations from viewers. Many streamers also make money through sponsorships and endorsements. The largest streaming platform, Twitch, allows streamers to make money through a share of ad revenue and through user subscriptions to their channel. Some streamers record podcasts on-air, while others might simply chat with the audience over a cup of tea. While live-streaming was once largely defined by users broadcasting themselves playing video games, there's been tremendous growth in the live broadcasting of other activities. Live-streaming has been one of the fastest-growing forms of media over the past decade, despite the fact that its audience is largely limited to the relatively young. Can Cardholders Chargeback Twitch Donations?.How Can Twitch Streamers Prevent Chargebacks?.FAQ: What is Chargeback Representment? Table of Contents ![]()
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