8 Real-Life Ways to Reduce Refunds And Chargebacks by MerchantSeek. by: Richard Adams, MerchantAccountForum.com Chargebacks are potentially disastrous to your business. You’ll get charged a large fee for every chargeback, and if you get too many, your processing account will … Continue reading
10 Ways to Reduce Chargebacks and Fraud
10 Ways to Reduce Chargebacks and Fraud by MerchantSeek. by: Jim Conley II, MerchantSeek Merchant concern about online credit card fraud and chargebacks is rising at a significant rate. According to the 2001 Online Fraud Report, conducted by Mindwave Research, … Continue reading
How To Prevent Fraudulent Credit Card Transactions
If you have ever been victim of fraud before, then you know all too well how ugly it can be. The key to preventing fraud is to use common sense and investigate with all the information you have. Preventing Fraud … Continue reading
Avoiding Merchant Account Chargebacks
A chargeback is a transaction that an Issuer returns to a merchant bank and most often, to the merchant – as a financial liability. In essence, it reverses a sales transaction, as follows: The card issuer subtracts the transaction dollar … Continue reading