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 […]
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Which one are better – Offline vs Online Payment Processing?
July 18, 2018 / by Merchant Stronghold / accept credit card, Disputing Chargebacks, E-commerce, Electronic Payment System, High Risk Business, High Risk Business Merchant, High Risk Merchants, Merchant Account, Merchant Account Tips, Merchant types, online business, Online Payment Services, Online Processing, Payment Gateway, Prepaid Cards, Retail Merchant Accounts / 0 comments
Offline vs Online Payment Processing – Most of the money transfer is done via online payment methods now. But everybody remembers the good old days when every transaction was done using the cash money or other valuable items. Surely, many people use cash money and offline payment, widely. There are certain advantages and disadvantages to […]
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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 […]
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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 […]
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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 […]
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How retrieval process can avoid a potential transaction dispute
May 17, 2017 / by Merchant Stronghold / Chargebacks, Disputing Chargebacks / 0 comments
If you have pay or collect payments through the internet payment portals for the products or services, you must know that the people have rights to dispute or question any transaction. Any transaction that is from their card or account. How to avoid potential transaction dispute through retrieval process This dispute of transaction basically has two steps. […]
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Visa Reason Code 62
May 8, 2017 / by Merchant Stronghold / Chargebacks, Disputing Chargebacks, E-commerce, VISA / 0 comments
Credit cards can be replicated into fake and can cause loss of profits for a business! In this age where credit card payment is one of the safest ways to purchase things or collect money. Card payment is safest because it has a thin layer of protection for buyers and merchants. Where the banks and card brand […]
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Responding to Claims of “Service or Merchandise Not Received”
May 5, 2017 / by Merchant Stronghold / Chargebacks, Disputing Chargebacks / 3 comments
In this digital age, almost everything is available at our fingertips or just a few clicks away. And, there is no better example of this than the upward trend of ordering and paying for goods and services on the web. For online merchants, this ease of ordering comes with customer expectations to take delivery almost […]
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How Recurring Transactions End Up as Chargebacks
May 3, 2017 / by Merchant Stronghold / Chargeback Reduction, Chargebacks, Disputing Chargebacks / 3 comments
A recurring transaction is a charge for services or goods that get an application to a cardholder’s credit or debit card multiple times at regular intervals (usually one month). Common Complaints about Customer Service Over Recurring Transactions Merchants who sell beauty products or healthcare products online almost always have a system that automatically signs up […]
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THE UBIQUITY OF CHARGEBACK
May 1, 2017 / by Merchant Stronghold / Chargeback Reduction, Chargebacks, Disputing Chargebacks / 2 comments
Ubiquity and Chargeback Whаt dо уоu understand bу thе word Ubiquity? And hоw саn wе relate it tо chargeback? Ubiquity саn bе defined аѕ a synonym fоr omnipresence, thе property оf bеing present everywhere. Nоw уоu wоuld wаnt tо ask; hоw dоеѕ thiѕ relate tо chargeback? Thе term chargeback iѕ аll tоо familiar with U.S. […]
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COMPANIES AND CHARGEBACK PREVENTION
April 26, 2017 / by Merchant Stronghold / Chargeback Reduction, Chargebacks, Disputing Chargebacks / 2 comments
The Basics of Chargeback Prevention A common problem for businesses that accept credit card transactions iѕ thе possibility оf thе cardholder attempting tо dispute thе claim. In thiѕ case, уоur company’s bank will notify уоu аnd bill a chargeback fee. Thеѕе bills саn bе costly оvеr timе аnd mаinlу affect internet, phone аnd mail merchants […]
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