Revenue Recovery Aid For Online Merchants Impacted by COVID-19
In the wake of the ongoing COVID-19 outbreak, industry leader Chargebacks911 has announced the availability of a new fast-relief process, including access to the company’s award-winning revenue recovery tools without requiring a long-term contract.
The ongoing COVID-19 crisis has led to a massive increase in eCommerce sales. Unfortunately, this has been echoed by a similar rise in fraud and chargebacks. As Chargebacks911 COO Monica Eaton-Cardone notes:
In the past few weeks, we’ve tracked an increase in overall chargebacks of about 23%Co-founder and COO of Chargebacks911
She also pointed out that some verticals are being hit even harder: “A certain client in the travel industry is showing a 300% increase in chargebacks in the last week alone,” she said.
In light of this growing threat, Chargebacks911 is supporting merchants in need by removing constraints businesses face in outsourcing chargeback management. The new onboarding process grants near-immediate use of revenue recovery tools to impacted merchants without requiring a technical integration or ongoing contract.
Additionally, the package is based on a “paid-on-performance” model, meaning merchants only pay if their chargebacks are recovered and resolved. In short, merchants can begin safeguarding their revenues in as little as a week, with virtually no upfront investment.
“If you’re an online retailer—especially in a high-risk industry like travel or restaurants—you can’t afford to ignore the chargebacks that are coming in,” Eaton-Cardone says. “Our goal is to provide the assistance merchants need to survive this crisis.”Learn more about this opportunity