Chargeback Representment

Chargeback Representment

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 […]

Read more

Duplicate Processing Chargeback

avoid chargebacks

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 […]

Read more

How retrieval process can avoid a potential transaction dispute

Merchant Account avoid potential transaction

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. […]

Read more

Visa Reason Code 62

Visa Reason Code 62

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 […]

Read more

How Recurring Transactions End Up as Chargebacks

How Recurring Transactions End Up as Chargebacks

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 […]

Read more

THE UBIQUITY OF CHARGEBACK

THE UBIQUITY OF CHARGEBACK

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. […]

Read more

COMPANIES AND CHARGEBACK PREVENTION

COMPANIES AND CHARGEBACK PREVENTION

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 […]

Read more

1 2
top