What Are High-Risk Businesses and High-Risk Products?
High-risk businesses aren’t necessarily “bad” business. On the contrary, if handled right, high-risk business can mean high profits for the bank.
High-risk businesses aren’t necessarily “bad” business. On the contrary, if handled right, high-risk business can mean high profits for the bank.
The real danger chargebacks present are not just the fees that accumulate; if you process too many, your processing can be abruptly terminated.
High-risk merchants pay more for processing but gain access to unique opportunities, benefiting both processors and merchants.
PayPal doesn't exactly protect you from chargebacks. But they do offer a Seller Protection Program to help reduce the number of chargebacks and disputes.
VISA has recently made commendable efforts to balance the scales and help reduce chargebacks with the Visa Merchant Purchase Inquiry (VMPI).
Chargebacks are considered to be a friction point between merchants and customers. But it doesn't have to be with the perfect customer service response.
Recurring or subscription billing has taken e-commerce by storm. This is where products and services are provided and billed for regularly over time.
So you're a high-risk merchant; it's really not the end of the world. High-risk merchants have superior access to global markets and unlimited processing.
Compared to cash purchases, the authorization of credit card transactions is almost comically complicated. To really understand it, you have to read this.
Who knows what leads to customer returns? Honestly, if you did, you'd probably be reading this from your yacht, anchored off the Seychelles.
Let's look at what happens when a customer disputes a purchase. For many merchants, their understanding of this process begins and ends with chargebacks.
If you're a cardholder researching how to do a chargeback, you've come to the right place! Follow our simple 3-step process to do a chargeback right.