Chargebacksprimarily occur for three reasons: Item Not Received. The cardholder placed an order, paid for a service or product, but claims to have not received the order or service. Significantly Not As Described.The cardholder claims that…
While chargebacks came about to help customers feel comfortable with using their card knowing that their money was secure, we have seen in recent years a plethora of chargebacks to other businesses, some legitimate, others could have very …
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 …
Description The issuing bank received a claim from the cardholder that merchandise or services ordered were not received or that the order was cancelled due to the delay in the delivery of merchandise or services. The most common causes of…
Chargeback 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 Chargebackexpertz assures you with an effective cha…
Fraud alert system is what every merchant needs to fight against a chargeback. However, most of the merchants take a fragmented approach to prevent fraud that leaves them open to increased and improved attacks. As a result, security risks …
First of all, we are know about Chargebacks Chargeback is a mechanism by which a cardholder claims the merchant and calls the credit card issuer to dispute a transaction. Cardholder may have various reasons to raise a dispute against the t…
Chargeback is a mechanism by which a cardholder claims the merchant and calls the credit card issuer to dispute a transaction . Cardholder may have various reasons to raise a dispute against the transaction like: goods and services never s…
Analyzing data iѕ рrоbаblу thе lеаѕt favorite task оf mоѕt business owners. However, data review iѕ essential whеn it соmеѕ tо chargebacks. Compiling аnd analyzing оf chargeback report iѕ uѕuаllу thе оnlу wау tо kеер risk undеr control. Me…
Mostly the consumers are unaware of the fact chargeback is. Chargebacks are refunds to the cardholders also known as reversal of amount paid during ecommerce business transaction by the issuing bank for fraudulent transaction on the bank s…
Today, businesses are expanding their reach to global level that is helping them to grow with a much faster. This expanation of business has been observed due to the advent of technology. Technology also have help businesses to create a po…
Do you have a debt consulting business? Then you should consider getting a merchant account right now. Processing online payments or credit card payments can be very demanding to begin with, which is why we are here to help you with all of…
With advent of technology, growing usage of ecommerce by merchants to sell goods on global level. It is been observed that the people have started taking the privilege of paying through cards, as the service provided by the ecommerce websi…
The reason for such chargeback (Non-Receipt of Goods or Services) is when a customer claims that they have paid for the items, but have not yet received or that the order was cancelled by the cardholder as a result of non-deliverance, late…
Chargeback is one of the worst words for merchants today. While they are a huge pain, chargebacks are a part of any business that accepts debit and credit cards. Originally chargebacks were used to protect consumers from charges made fraud…
Bеing a retail merchant whо hаѕ thе terminal аnd thе ability tо lооk аt thе card аnd verify itѕ ownership means everything. Thiѕ givеѕ validation tо thе system аnd identifies thе cardholder tо thе issuing bank. Note: Thе transaction rates …
Maybe the most challenging thing that can be faced by a merchant is the integration of a payment gateway solution. This will require expertise and plenty of resources. And since most of the gateway solutions are very complex, integration a…
