The Chargeback Process

The Chargeback Process Explained The chargeback process is quite intricate. There are lots of steps that must be completed in a timely fashion. The Transaction Process All chargebacks begin with credit card transactions. Chargebacks are reversals of previous transactions, and[...]

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Understanding Credit Card Transactions

Who Are the Major Players in the Credit Card Transaction Cycle? There are several people involved in credit card transactions. Their involvement ranges from facilitating purchases to filing chargebacks. It is important for business owners to understand the entire process[...]

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The Benefits and Risks of Mobile Payment Technologies

Predicting Future Mobile Payment Technology Trends as an Up-and-Coming Payment Option With each coming year, the advance of technology makes shopping an even quicker and more convenient process for consumers. On the vanguard is the advent of the mobile wallet[...]

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Prevent Chargebacks by Improving Customer Service

Prevent Chargebacks: Improve Customer Service to Reduce Risks and Increase Profits Did you know 86% of cardholders file a chargeback without first seeking a refund from the merchant? There are many reasons why this could be happening. Most merchants assume[...]

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Card-Not-Present vs. Card-Present Transactions

Understanding the Difference between Card-Not-Present vs. Card-Present Transactions New merchants have a major decision they must address early on in the business startup process. Should the business accept card-not-present or card-not-present transactions? These two different types of credit card transactions[...]

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