Chargebacsk911® COO Monica Eaton’s Guest Feature for VizyPay Blog
Fraud management is a hot topic right now. However, that can be a lot of incorrect or outdated information floating around on the internet. In response, Chargebacsk911 COO Monica Eaton, a widely-recognized expert in the payments space, was recently asked to contribute her thoughts to the VizyPay Blog as a new guest feature.
VizyPay is a payment processor that seeks to empower small business owners by offering innovative processing options that cater to the needs of small businesses. The company seeks to be an advocate for these merchants, helping them to grow and develop their business's “local first” approach.
In the post, Monica explains that fraud needs to be regarded as a comprehensive problem. “Some merchants believe they can get by deploying one or two fraud detection tools at checkout,” she says. “This is a bad move; given that fraud is a dynamic problem, a good number of attacks can still slip by undetected if you’re not careful.”
Of course, chargeback management is also a crucial part of the strategy. Merchants can’t afford to simply write off these losses. “If left unchecked, chargebacks will lead to lost revenue, merchandise, shipping costs, and processing fees, as well as added chargeback fees that can wreak havoc on your business over time,” Monica explains.
