A credit card chargeback is a consumer safeguard that allows credit cardholders to reverse a transaction if something goes wrong with a purchase. Whether it’s fraud, billing errors, or receiving ...
Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Investopedia / Julie Bang A chargeback is a charge that is returned ...
When you get a refund on a credit card purchase, you usually see the refund in your account within a few days. However, you'll likely lose any rewards you earned on the purchase. It' ...
Defective merchandise. Shoddy plumbing jobs. Car repair shops that don’t repair anything. Undisclosed and unfair extra service fees. Shipments that never arrive. Even careful consumers sometimes run ...
Payment disputes are on the rise, creating more risk for banks. Chargebacks are a perpetual problem that's growing worse, with Datos Insights predicting a 24% rise to 324 million transactions globally ...
For today’s enterprises, “friendly fraud” and illegitimate credit-card chargebacks are a serious problem: at least 40% of businesses lose 1% of their total revenues to bogus chargebacks, and well over ...
TAMPA, Fla.--(BUSINESS WIRE)--As eCommerce sales continue to hit record highs, merchants around the globe are seeing a correlated rise in illegitimate disputes by cardholders through card-not-present ...
Chargebacks911 prevents chargeback fraud and safeguards the e-commerce experience for merchants, e-stores and consumers. Since Monica Eaton founded the company in 2011, Chargebacks911 has monitored ...
In online commerce, the seller can be held liable for fraudulent charges. However, there are preventative steps you can take ...
As a business owner, knowing the basics of credit card processing can help you make more informed decisions. This credit card processing glossary details the most common terminology so you can ...
Credit cards can provide exclusive financial protection not available on debit cards ...