Fair Credit Billing Act: What Is It and Who Does It Protect?
The Fair Credit Billing Act (FCBA) is known for providing a range of consumer protections, including the ability to file chargebacks on unauthorized charges. However,…
Chargebacks
Is your business suffering from an influx of chargebacks? While they’re a common side effect of running a business, chargebacks can have devastating results when it comes to credit card processing and keeping your merchant account.
This is precisely why it’s vital to understand what a chargeback is, the effect it has on your business, and how you can eliminate the risk of chargebacks in the future. Here you’ll find the resources you need to stop chargebacks from negatively affecting your business.
Most Recent Chargebacks Articles
What Is a Chargeback? The Ultimate Chargeback Guide for Merchants
There is a range of risks associated with accepting credit card payments at your business, a major one of which is the event of chargebacks.…
A Complete Guide to Chargeback Reason Codes for Merchants
Card networks—the most notable of which are American Express, Discover, Mastercard, and Visa—notify merchants of chargebacks by issuing corresponding chargeback reason codes. These codes outline…
Understanding Friendly Fraud Chargebacks and How to Prevent Them
Friendly fraud, a type of chargeback fraud, is one of the contributing factors to the more than $32b worth of annual payment card fraud throughout…
What Is a Chargeback Rate? How to Manage & Reduce your Chargeback Ratio
Managing chargebacks and reducing your chargeback rate (also known as chargeback ratio) is one of the most challenging elements in running a business. A chargeback…
Chargeback vs Refund: What's the Difference?
When it comes to reversing charges, there can be confusion between a chargeback and a refund. Understanding these differences is important for maintaining good consumer…
What Is an Authorization Hold? Everything You Need to Know
An authorization hold is a valuable tool used to verify if a customer has enough funds to cover a transaction. Many everyday businesses use holds.…
What to Know About the Dreaded Chargeback Fee
One of the biggest upsides to being a cash-only establishment is the reduced risk of the chargeback fee. However, if you think your business can…
How to Protect Your Business from Credit Card Chargebacks
When owning a business, accepting payments is important, but protecting those payments from credit card chargebacks is essential. Unfortunately, when enabling credit card payments, you…
Turn Negative Option Billing into a Subscription Positive
Subscription services have received a fair amount of press, both good and bad, concerning best business practices. Confusing small print, faulty customer service, and complex…
