Regarding chargebacks, how many is too many? No doubt, that’s a question that can keep you up at night…and for good reason.
Excessive chargeback levels can—and have—put merchants out of business.
Credit card chargebacks are nothing but bad news for merchants.
Even a single chargeback can hurt your bottom line. That said, excessive chargeback levels can—and have—put many merchants out of business completely.
Being designated “high-risk” for the purpose of credit card processing isn’t great.
High-risk merchants can face higher fees, more restrictions, and have limited options in terms of which companies are willing to work with them.
Few phrases strike fear in a merchant’s heart like these three simple words: “terminated merchant file.”
If you discover that your business is on this list,
It’s virtually impossible for eCommerce merchants to operate without accepting credit or debit cards. Before you can accept electronic payments, though,
If there is one element of credit card processing that is universally dreaded by all merchants, it may be the merchant account reserve.
“High-risk business” is a designation applied by payment-card processors. It’s usually based on two general criteria: your industry (some verticals aren’t as stable as others) and your specific situation (things like credit history,
The Visa Dispute Monitoring Program, or VDMP, gives Visa a way to keep tabs on chargeback activity at the merchant level.
The Mastercard Excessive Chargeback Merchant (or ECM) and the Excessive Fraud Merchant (or EFM) designations are two new programs instituted in 2019 by Mastercard.
The Mastercard Excessive Chargeback Merchant (or ECM) and the Excessive Fraud Merchant (or EFM) designations are two new programs instituted in 2019 by Mastercard.
