Square offers Chargeback Protection to Canadian sellers

Square is looking to help out sellers on their platform with a new Chargeback Protection feature. It is available to Canadian and American sellers for free. If you receive chargebacks and you followed best practices, Square is willing to cover up to $250 a month. Like any chargeback, you will still go through the investigation. If your chargeback is covered, you won’t be liable for chargeback amount, regardless of the outcome. It, however, doesn’t cover times when you decide to issue refunds.