Chargeback Fees Can Seriously Jeopardize a Business’s Longevity—But the Threat Can Be Averted
Credit card chargebacks represent a real and growing financial threat to merchants, costing them both merchandise and revenue. To make matters worse,
Credit card chargebacks represent a real and growing financial threat to merchants, costing them both merchandise and revenue. To make matters worse,
When it comes to managing chargebacks, a merchant’s actions should be predictable and consistent—assuming a detailed and effective chargeback policy is in place.
For many merchants, chargebacks become a major liability. When chargeback rates start to increase, merchants have two options:
1. They can accept the financial loss as a cost of doing business.
Merchants might have the right to dispute chargebacks, but knowing when and how to execute that right is confusing.
If you have questions about disputing chargebacks,
Sometimes, it feels like chargeback terminology is unnecessarily complicated. For example, what is the difference between a domestic chargeback and an international chargeback?
Just received another chargeback? Can’t stand to lose one more dispute? Tired of flushing revenue down the drain?
Fortunately, there are steps you can take to start handling chargebacks effectively.
Chargebacks are a bothersome financial burden for all merchants. However, when merchants receive chargebacks without notification, the business suffers unfairly at the hands of friendly fraudsters.
Chargebacks are disputes filed by cardholders or issuing banks when there is a discrepancy with a credit card transaction. Each chargeback is assigned a reason code,
One of the many challenges of chargeback management is unexpected transaction disputes that catch the merchant off guard. These chargebacks often come as a surprise because extended cardholder filing deadlines result in delayed chargebacks for merchants.
Many merchants accept chargebacks as simply a cost of doing business. Without a clear understanding of what transaction disputes are and the reasons cardholders file chargebacks,