Chargebacks

What Makes a Business High-Risk?

June 16, 2022 / by Merchant Stronghold / accept credit card, Business, Business & Economics, Chargeback Reduction, Chargebacks, Chargebacks Fraud, Check Processing, considered high risk, Credit card processors, E-commerce, High Risk Business, high risk industry, High Risk Merchants, Merchant Services, Merchant Stronghold / 0 comments

Your ecommerce business has to take card payments online in respect to being successful. To grant payments online, you have to get a merchant account either via your bank or through a merchant account supplier. When you apply for merchant processing, the banks or payment service suppliers may break down you as a high-risk merchant. […]

What are the Methods to Avoid Merchant Account Hold or Freeze?

August 14, 2018 / by Merchant Stronghold / Chargebacks, Chargebacks Fraud, High Risk Business, High Risk Business Merchant, Merchant Account, Merchant Account Requirement, Merchant Account Tips, Merchant Agreement, Merchant Services, Merchant Statistics, online business, Online Payment Services, Online Processing, Payment Gateway Integration / 0 comments

Avoid Merchant Account Hold or Freeze – The Account that a Merchant holds to make transactions is called Merchant Account. When the bank suspects anything suspicious they have the authority to freeze the merchant account without prior notice. And the Merchant never understands the reason behind the sudden freeze. For a merchant, this can be […]

Can Refunds On Merchant Account Lower Chargebacks?

June 7, 2018 / by Merchant Stronghold / accept credit card, Business & Economics, Chargebacks, Electronic Payment System, High Risk Business, High Risk Business Merchant, Merchant Account, Merchant Account Tips, Merchant Stronghold, online business, Online Payment Services, Online Processing, Payment Gateway, Payment Gateway Integration / 0 comments

Online business has become very common in today’s world and most of the payments are done through plastic money; that can be credit or debit cards. To carry out such online transactions, it is first important to open a merchant account. Before going into details, it is essential to understand what merchant account is and […]

13 Tips To Guard Your Business Against Chargeback

February 20, 2018 / by Merchant Stronghold / accept credit card, Chargebacks, Check Processing, High Risk Business, High Risk Business Merchant, High Risk Merchants, Merchant Account, Merchant Services, Online Payment Services, Payment Gateway / 0 comments

For many small businesses that accept credit cards, chargeback is way costlier but there are ways where you can protect your business against those unfair chargebacks. Before going further, let us understand what is a ‘Chargeback’? Chargeback Chargeback happens when a customer after purchasing a product, contact to his/her card issuer to dispute the charges. […]

Chargeback Representment

October 16, 2017 / by Merchant Stronghold / Card Brands, Chargeback Reduction, Chargebacks, Disputing Chargebacks / 3 comments

What is a Chargeback? Chargeback is a mechanism by which a cardholder claims the merchant and calls the credit card issuer to dispute a transaction that had previously been credited. A cardholder may have various reasons to raise a dispute against the transaction like goods and services never supplied to the customer, defective merchandise received […]

Do you know, a card holder can challenge the transaction dispute, if decision is ruled in favor of Merchant

June 2, 2017 / by Merchant Stronghold / Chargeback Reduction, Chargebacks, Disputing Chargebacks, Transaction dispute / 1 comment

With the advent of technology, growing usage of e-commerce by merchants to sell goods on the global level. It is been observed that the people have started taking the privilege of paying through cards, as the service provided by the e-commerce websites. But, very few aspiring merchants know that a customer can ask for the […]

How to handle the chargeback claim if the sales receipt is lost

May 31, 2017 / by Merchant Stronghold / Chargebacks / 0 comments

Today, we are living in a world where people prefer to carry card over cash to pay. This use of cards for paying is also among one of the safest ways for buyers. That gives them the authority to question the authenticity of the product or transaction. Also, to ask for money back if they […]

How Chargebacks Affect Merchants?

May 29, 2017 / by Merchant Stronghold / Chargebacks, Merchant Account, Online Payment Services, Online Processing, Payment Gateway / 1 comment

Are you new to the eCommerce business world or thinking about starting an online business? Or even contemplating expanding your existing business by opening an online store? If so, you must become familiar with the chargeback system. Just for the simple reason that unchallenged chargebacks have the potential to significantly reduce your profits from online […]

Duplicate Processing Chargeback

May 22, 2017 / by Merchant Stronghold / Chargeback Reduction, Chargebacks, Disputing Chargebacks / 7 comments

The Era of Technology Today, businesses are rapidly improving their working techniques by implementing the technology to their working process. Technologies is there for reaching customers across the globe. Keeping track of inventory and selling products. And, collecting payments via internet, solving queries of customers via mail, telephone or live chats. With many pros, this enhancement […]

What is Friendly Fraud?

May 19, 2017 / by Merchant Stronghold / Chargebacks, High Risk Business, Merchant Account / 0 comments

Understanding the Friendly Fraud Card not present (CNP) credit and debit card transactions provide the perfect environment for what’s commonly referred to as friendly fraud. A CNP transaction as a payment card transaction where the cardholder does not or cannot physically present the card for a merchant’s visual examination. At the time of order delivery […]

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