Are you looking for chargeback insurance providers? Do you want to know how you can avoid mistakes when fighting chargebacks so as not to end up with massive losses in revenue? Just read below and you’ll know.
Chargebacks and Chargeback Insurance Providers
What is a chargeback? This is a means to enjoy customer protection. So, when there’ s a fraudulent transaction, the bank refunds disputed transaction value to the cardholder. Chargebacks can create complex, expensive and aggressive problems for merchants. They come in all shapes and sizes. All types of merchants can be faced with chargebacks.
Specifically, chargebacksoccur when cardholders dispute a charge that they didn’t authorize and may or may not be caused by fraud.Did you know that 40% of all chargebacks can be the result of merchant mistake?
Merchants usually start looking for chargeback insurance providers when faced with chargebacks. If you’re one of these merchants, turn to …