Chargebacks erode margins, increase processor scrutiny, and introduce friction. Learn about chargeback management best ...
When credit card and debit card holders identify fraud or abuse, they need some way to intervene and recover their funds. This form of payment reversal is what we ...
Chargebacks are a common issue, especially in the banking sector. It happens when any purchase or payment gets reversed, and the customers get their amount back because of the initiated dispute with ...
Every business tries to optimize its profitability by maxing out the revenues and minimizing the expenses. Some expenses (like logistics, product storage, or service development costs) can be managed ...
The chargeback process was introduced more than four decades ago as a consumer-protection mechanism. It was meant to inspire consumer confidence in payment cards, which were still a novel concept at ...
As online commerce continues to surge, chargeback fraud victimizes more and more retailers. Experts report that chargebacks will cost merchants over $100 billion in 2023, and false claims and abuse of ...
Customer disputes are a huge pain point, but types of fraud that can be at the root of them are not widely understood. Most of us are familiar with true fraud (also called identity theft) and we’ve ...
Card-not-present (CNP) merchants are a lot like tight-rope walkers. Between the influx of fraud (both counterfeit fraud and “friendly fraud” chargebacks), most merchants have a hard time finding a ...
Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Justt, a company developing an AI-powered platform to fight fraudulent ...
There’s no denying that the subscription economy is booming. In fact, the financial services firm UBS projects that the market will hit $1.5 trillion by 2025. Yet despite that robust figure, there is ...
The travel sector, which is just beginning to turn the corner as the pandemic subsides, could suffer a blow due to fraudulent chargebacks. A new report from Chargebacks911, a company that focuses on ...
Did you know that the typical business will only hear from around 4 percent of their unsatisfied customers? That leaves the remaining 96 percent with the potential to file a chargeback against a ...
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