Entries from 2018-02-01 to 1 month
Chargebacks is something no merchant would want to experience in his or her business and get distresses with. However, it is next to impossible to attain 0% chargeback ratio. Well, what if Chargeback Protection - Real-Time Alerts assures y…
The truth is that running a business requires quite a lot of considerations to be implemented and thoroughly accounted for. With this in mind, chargeback prevention is without a doubt something that needs to be taken into the most serious …
When you begin exploring your options for merchant accounts, you have to learn a whole new vocabulary. Some terms are more straightforward than others, though. One thing that many business owners find confusing is PCI compliance. While it …
At any time, the customer can file a chargeback for any reason code. Chargeback not only effects profits but also, the image of the business. Lesser the chargeback ratio better will be the reputation of the business. We, at Chargebackexper…
Description The buyer’s bank requested a copy of the order receipt, and found it as an illegible copy, or something other than the requested item. Most commonly caused by the seller when he provides a substitute order receipt that did not …
The most critical thing merchant has to be afraid of while selling products and services are chargebacks. If you get the chargebacks, it may lead to decrease in revenues and may also hamper the credibility of the business. To operate profi…
A merchant account iѕ a bank account thаt accepts debit оr credit card payments in аnу fоrm оf business. Thе account provider аllоwѕ client’s credit оr debit cards tо transfer amounts tо seller’s account in juѕt a short time. Uѕuаllу a “pa…
Merchants can control Chargebacks! Follow some simple steps and minimize the potential for customer disputes that can result in a chargebacks and revenue losses to your business: Process a Settlement each day for each transaction. Failure …
World of payment is advancing technologically, it has increased possibilities for cardholders and merchants to connect globally. Card holders can make payments while using mobile devices, and enjoy multiple payment methods at a time. Techn…
Visa uses Chargeback Reason Code 57: Fraudulent Multiple Transactions to mark chargeback caused by multiple transactions by a particular merchant on a single Credit Card account within in short period of time. The issuing bank received a c…
In today’s digital world, the number of face-to-face debit and credit card transactions has decreased. Card-not-present transactions have become the norm, especially for online purchases. According to a study, the number of shoppers in bri…
The Customer must have to make a legitimate attempt to resolve the issues or return the Merchandise for Refund. If the attempts do not change any things in the favor of Cardholder, the Cardholder will move forward and dispute the Chargebac…
Chargebacks are a Big problem! Nearly all Small Businesses use some kind of CRM tool which has an option to blacklist an Online Shoplifter. Some CRM programs like OrangeCRM, Limelight, Chargify, Zoho allow merchant accounts to integrate wi…
Chargeback representment cycle is a process by which merchants are able to dispute chargeback by showing evidence that transaction was authentic. Based on the evidence provided, card brand reverses the chargeback and refund merchant. In ca…
In an era wherein digital technology has changed our lives in more ways than one, it is important for businesses to keep up and to take advantage of such innovations in order to improve their services. To do this, many are now offering cre…
We have many many sources to detect fraud and possible chargebacks. Over years we have partnered with banks, financial institutions and Trusted Data Contributors who update your data across many sources to provide real time data chargeback…
Alerts are important when you are running a business. They inform the business about recent activities so that we can solve problems before they get bigger. Alerts from Banks can help businesses to solve various issues. Many small business…