Can consistent use of delivery confirmation save merchants from chargebacks? Research shows that delivery confirmation can be an effective part of a multi-tiered chargeback prevention and representment strategy.
It doesn't matter whether you choose to fight them or pretend they don't exist: chargebacks are a huge drain of time and energy. They cost card-not-present (CNP) merchants $31 billion every year.
Creating an effective chargeback prevention strategy demands the strategic use of various tools to create comprehensive protection.
Is the Visa Account Updater (VAU) a beneficial tool for your business?
The majority of merchants assume that there is only so much they can realistically do about online fraud. Fraud and the resulting chargebacks are generally accepted as a cost of doing business.
There are various tools and services merchants can use to manage chargebacks. Delivery confirmation is a commonly debated prevention and representment strategy. Is it a good idea or not?
The difference between a good merchant and a great entrepreneurial success story is an intricate understanding of consumer behavior. One concept merchants must meticulously analyze is the thought process behind product returns.
Emerging technology can have either a dramatic or subtle effect on the business world. Consider alternative payment options, for example: some have caught on quickly while others go largely unaccepted.
In the world of chargebacks, merchants can sometimes be their own worst enemy. While some chargebacks are an unavoidable part of doing business, others are filed as a result of a merchant’s mistake.
As fraudulent activity becomes more commonplace, credit card networks and merchants alike are seeking new ways to reduce the number of unauthorized transactions being processed.
Merchants may sometimes feel like they're alone in the fight against eCommerce fraud. However, that's not the case.
Each of the major credit card networks offers a range of tools to help merchants prevent fraud,