Remove Card Network Rules Remove Disputes Remove Verification
article thumbnail

The Best Way for a Business to Handle Chargeback Management

Clearly Payments

Here are some other articles on chargeback management: How to Build a Chargeback Payments Team in your Company How to Win Chargeback Disputes What is a Good Credit Card Chargeback Rate for Merchants? Skills Required: Attention to detail, familiarity with card network rules, and proficiency in analyzing transaction data.

article thumbnail

How to Build a Chargeback Payments Team in your Company

Clearly Payments

A chargeback is a reversal of a credit card transaction initiated by the cardholder’s bank, usually as a result of a dispute by the customer over the purchase. Key Activities of a Chargeback Team Reviewing Dispute Notices: Receiving and thoroughly investigating dispute notices from credit card issuers is the first task.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Can You Decrease Credit Card Interchange Fees?

Stax

Additional fees Generally, processors toss in other fees, like monthly statement fees, gateway fees, or chargeback fees if customers dispute a transaction. You may consider accepting only cards with lower interchange rates or encourage customers to use lower-cost payment methods like debit card transactions or ACH transfers.

article thumbnail

Can I Legally Charge a Credit Card Fee?

EBizCharge

Determining the legality of charging credit card fees requires understanding various individual state laws , card network regulations, and the type of fee being charged. It’s essential to check with legal counsel or financial advisors to align with the latest legal standards and avoid potential penalties or customer disputes.