Battle Chargeback Fraud and Returns During the Holiday Season
'Tis the season for holiday shopping and that also means the season for holiday chargeback fraud and returns is fast approaching.
'Tis the season for holiday shopping and that also means the season for holiday chargeback fraud and returns is fast approaching.
Returns are expensive, but chargebacks cost even more, so you do need a sensible and visible returns policy.
They may be intended for the act of giving but gift cards are also the de facto currency for fraud online, since they're as anonymous as cash.
Seven simple steps you can take in your recurring transactions that are just as important as the product to keep each account rolling.
A spike in chargebacks will follow the spike in sales. Friendly fraud will creep in like a frost as those post-holiday bank statements roll in.
Even within a system that is so thoroughly pro-cardholder, and thus merchant-unfriendly by proxy, merchants do have chargeback rights.
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.