Startup Idea: Chargeback Notification Software

Startup idea to develop a software that instantly notifies businesses when a customer has initiated a chargeback on a purchase. The software is to help businesses promptly track the chargeback and refund activities in their merchant accounts, similar to the bank app account balance alert feature.

There should be some software that notifies a company when a customer has done chargeback on a purchase.

Chargebacks are a huge problem for businesses and we do not know we have received one until we see the money has been taken out of our business accounts/merchant accounts.

Regular banks have a notification on their apps that let you know when your checking account balance has changed in your personal bank account.

It would be nice to have this same notification feature when a merchant account balance drops, which would indicate some kind of refund or chargeback has been done to the company by a customer.

Example: John Smith bough a coffee pot from my website for $45. 30 days later I receive an email from Paypal stating I have dispute from John Smith regarding the coffee pot and the money has been taken from my Paypal/Bank account. I would like to get a notification of this right away on my mobile or desktop.