Tag Archives: chargeback prevention

Consequences of High Chargeback Ratios- Part 2-Chargeback Prevention

Most business owners know that a high chargeback ratios hurt their profit margins. But what they may not realize is that more than 80% of claims filed are attributed to “friendly fraud”. In other words, only about 20% of chargebacks claimed are because of actual theft and use of stolen credentials. This means that your […]

Consequences-High Chargeback Ratios Part 1

High chargeback ratios come with consequences.

As a business owner accepting payments, you’ve probably heard the term “chargeback ratio”. And you may even know what it means for your business. IF you happen to be operating in the Ecommerce realm, you are most likely highly aware of the dreaded chargeback. And you undoubtedly understand the ramifications a high ratio can have […]

Visa’s Tightening The Noose On Merchant Chargebacks

When it comes to chargebacks, Visa is letting merchants know: clean house by Oct 1st, or else. Visa and MasterCard both set thresholds for the number of chargebacks and fraudulent incidences they will allow a business to have before action must be taken. Now they are tightening the noose, so to speak, on just how […]