'Chargeback prevention' presentation slideshows

Credit Card Acceptance and Management with a Fraud Twist

Credit Card Acceptance and Management with a Fraud Twist. Jennifer Watkins Manager, Credit Card Services June 25, 2009. Quiz. What was the very first charge card?. 8/26/2014.

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UNDERSTANDING THE COST OF A CHARGEBACKS

The entire merchant industry has been suffering in terms of revenue due to fraud. According to annual study, the average lost in revenue in relation to fraud is about 1.32%. This is a massive 94% increase compared to the result of the previous year. This recent boost highlighted the need for chargeback prevention.

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Card Security Codes- Necessary in Chargeback Prevention

Chargebacks are common problems amongst many businesses. With chargeback frauds, the financial performance of your business can suffer, which is why it is critical for such to be addressed in the most effective manner that is possible. With this, the use of card security codes can help in effective chargeback management.

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Chargeback Management System And The Benefits That It Brings

The first thing that needs to be clarified is what a chargeback actually is. This is the process in which the customers retrieve funds from the merchant as a result of a disputed credit card transaction. This process is almost always going to be initiated by the cardholder themself as well as the corresponding bank of issuing.

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Take Action to Prevent Chargebacks

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How To Manage chargebacks Effectively

If you are truly determined to reduce Chargebacks, you must turn to the professionals and ask for their experienced eye for detail. They have got the know-how and the means to place a chargeback prevention system in motion and get you the best effects that you could have ever expected.

49 views • 2 slides