Leading Credit Card News & Advice Outlet Showcases the Value of Chargeback Mitigation
Chargebacks911’s industry-defining technologies and strategies were spotlighted in a fantastic recent feature by CardRates.com, a trusted resource for information on all things credit card-related.
CardRates.com was created with a singular goal: to better educate consumers about the benefits and perils of credit cards. The site offers an extensive trove of valuable advice, news, reviews, and more. Thousands of consumers and businesses alike seek their impartial, widely-respected guidance every day, earning them the moniker “the ultimate guide to credit cards.”
Chargebacks are an incredibly costly source of eCommerce loss. Problems with chargebacks are especially pronounced in sectors like recurring or negative option billing, travel, and digital goods. That said, these issues exist across just about every merchant vertical, costing businesses between $30 billion and 60 billion every year. We at Chargebacks911 made it our mission to help merchants and banks eliminate this incredibly-expensive problem.
As explained in the post, the creation of Chargebacks911 was inspired by first-hand experience. The company was founded by eCommerce merchants, and that perspective still guides much of what we do.
“Chargebacks911 was inspired by Founder and COO Monica Eaton-Cardone’s own experiences as an online retailer about a decade ago…Eaton-Cardone and her colleagues began to explore the system and examine documentation provided by the major payment networks to learn more about the dispute process.”