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Chargebacks: A Survival Guide

Cardfellow

The burden of proof to show that a customer has been rightfully charged falls on you, and when consumers successfully dispute charges, you lose both the product sold and the revenue from that sale. Even when a dispute is unsuccessful, the acquiring bank will withhold payment for any chargebacks until the matter is resolved.

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The Hidden Costs of Payment Processing No One Talks About

Clearly Payments

On top of that, your payment processor might add extra fees that arent always clearly explained. Processor Markup What It Is: The payment processors own cost on top of interchange and assessment fees. Why Its Hidden: Many merchant statements arent clear about how much of the fee is interchange vs. the processors markup.

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What is a Chargeback Rate?

Fi911

A chargeback rate is a metric that measures the percentage of transactions disputed by customers and ultimately reversed by the merchant’s bank. A merchant’s chargeback rate is a crucial metric as it directly impacts their financial health and relationship with payment processors.

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The Credit Card Chargeback Process Explained: What Merchants Need to Know

Stax

Debit or credit card chargebacks are when a disputed charge made to a merchant’s account is refunded to the customer’s bank account. According to the federal Fair Credit Billing Act , consumers can dispute a charge in the case of billing errors and the failure of a business to render goods or services as described.

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How to Choose the Best Credit Card Processing Company for Your Business

Stax

TL;DR Processors act as the middleman between your customer’s card and your bank, but not all are created equal—some offer better service, pricing, and tools than others. But not all processors operate the same way, and choosing the wrong one can create unnecessary friction in your customer experience and backend operations.

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7 Tips to Avoid Chargebacks & Payment Disputes This Holiday Season

Synapse Payment Systems

While more customers and revenue are certainly a plus, this can also be a season of increased chargebacks and payment disputes. Keep reading to learn how to avoid chargebacks and payment disputes during the holiday season. So how do you avoid chargebacks and payment disputes this holiday season? Here are our best tips.

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Avoided.io: Revolutionising chargeback management and fraud prevention

The Payments Association

In todays fast-paced digital landscape, managing payment disputes and chargebacks has become a significant challenge for businesses, especially in the e-commerce sector. Chargebacks, often triggered by fraud or customer disputes, can severely impact a companys revenue, reputation, and operational efficiency. Thats where avoided.io