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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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Three Ways to Improve the Relationship Between Credit and Sales

Trade Credit & Liquidity Management

Risk Mitigation Tools: Maintain a toolkit of flexible solutions, such as milestone payments, escrow, collateral, guarantees, or credit insurance, to balance risk management with sales enablement. Such discussions help evolve credit policy in line with changing business needs and risk appetite.

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Antom Receives SOC 2 Type II Certification as It Enhances Unified Merchant Payment Services

Fintech Finance

Antom Shield: Advanced AI for risk mitigation and fraud prevention Antom Shield is an intelligent risk solution that strengthens fraud detection while helping merchants boost order conversion rates and drive growth. Adaptive machine learning models continuously refines fraud detection to counter industry-specific threats.

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What Is a Clearinghouse and How Does It Facilitate Safe Transactions?

EBizCharge

4 primary purposes of a clearinghouse Understanding the primary functions and purposes of a financial clearinghouse is crucial since these institutions ensure transactions are safe and efficient, reducing the risks associated with exchanging money or information. The following section will explore how they maintain this.

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Invest in Strategic Customer Visits and Meetings

Trade Credit & Liquidity Management

This is also an opportunity to resolve long-standing disputes and reconcile account issues. In-person discussions with stakeholders often uncover early warning signs of potential payment delays or other financial concerns. Establish a Personal Connection. Building rapport makes problem-solving easier when challenges arise.

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Finality in payments—the unseen foundation of trust: Navigating uncertainty in a real-time world

The Payments Association

These risks include: Merchant losses due to unauthorised chargebacks. Customer disputes over transactions that appeared final but werent. Front-Loaded Risk Mitigation SWIFT advocates pre-transaction screening to prevent post-settlement disputes. FX exposure from failed settlements.

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The Digitalization of Trade Documents: Electronic Bill of Lading

Fintech Review

Enhanced Security and Risk Mitigation Digitalizing trade documents, including the eBL, brings added security by reducing the risk of fraud, loss, or damage. Authorized parties can access and track the progress of shipments in real-time, resulting in improved supply chain management, reduced disputes, and better customer service.