Subscription payment models are now immensely popular and companies leveraging these models have upended various markets. Unfortunately, however, subscription models can quickly drum up chargebacks. That said, with the right approach, it’s possible to prevent chargebacks and protect your bottom [...]
You might think that chargebacks and refunds are essentially the same. However, in practice, they are quite a bit different. Merchants will want to reduce both chargebacks and refunds, but in some ways, chargebacks are a bigger risk as they [...]
Fraud is a huge risk for merchants and while security technologies and protocols have been improving, serious threats remain. Any merchant who wants to succeed, or better yet, excel, will need to take fraud fighting seriously at both the pre [...]
Chargebacks are a major threat to essentially every small and medium enterprise (SME). It should come as no surprise that retailers, such as clothing stores, are among the highest-risk businesses. That said, businesses operating in other industries face arguably even [...]
Many merchants have a fraught relationship with credit cards. On the one hand, credit and debit cards can drive business, making it easier for customers to shop both online and in the real world. Merchants also don’t have to make [...]
A chargeback is a chargeback, right? Actually, there can be subtle differences between debit and credit card chargebacks and it’s wise for businesses to understand them. We’ll explore these differences below, but if you have any questions about chargebacks, no [...]
AI is a game-changer, but it’s only part of the equation. To truly succeed, merchants need a comprehensive strategy that includes AI, robust tools, and proactive fraud prevention measures.
Chargebacks are a grave threat for businesses of every size, but for small businesses, even a few chargebacks could quickly evolve into an existential threat. Not only do merchants stand to lose revenue from the sale, but they will also [...]
Christmas songs sing from the speakers overhead in your brick-and-mortar store, or perhaps your laptop as you work on your online merchant website. Sales have been up, up, up, holiday shoppers flocking to your business. 2025 fast approaches and it’ll [...]
Shopping has evolved at a rapid pace in modern times. Just a few hundred years ago, stores were relatively rare and generally small. Now, massive shopping malls are stuffed with stores selling vast ranges and quantities of goods, and online [...]
Chargebacks are a major hassle and risk for merchants. Besides losing revenue from a transaction, merchants will also have to pay chargeback fees. Worse yet, a rising chargeback ratio could result in increased processing costs for every transaction ( including [...]
For entrepreneurs and business managers, the world is their oyster. Unfortunately, however, risks abound. Businesses big and small now need to take cybersecurity threats seriously. This is true even for brick-and-mortar businesses. Whether you sell online or in-person, more and [...]