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What are Friendly Fraud and Chargebacks and How to Prevent Them?

So, your merchants came back to you to ask why their estimated profits are steadily declining. Why their actual profits are way lesser than their projections?

Before suggesting the next steps, you check their account statement to realize that a couple of their customers have filed chargebacks against their deliveries. You come to the conclusion..

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Virtual Terminals: The Future of HVAC Software Integration
Running an HVAC business is no easy feat. Not only do you have to keep up with maintenance requests and repairs, but...
Hosted Payment Portals: The Key to Unlocking Utility Management Software’s Full Potential
Have you ever had to pay a utility bill, say an energy bill, only to be frustrated with the payment options available?...
Automated Recurring Payments: The Key to Unlocking Revenue for HOA Software Providers
Around 40 million housing units in the United States are part of HOA communities. With this, late payments can result...
Payment Processing Innovations for Hospital Software Providers: A Comprehensive Guide
The healthcare industry is increasingly relying on technology to power much of its service delivery. Thanks to this,...
Banking with Confidence - Top Security Practices CEOs Need to Use
“Banking is no longer somewhere you go. It’s something you do,” Australian futurist Brett King says.
Equipment Rental Software Companies: The Impact of Payment Processor Partnerships on Efficiency and Profitability
The Digital Payments Report 2023 highlights.
HR and Talent Management Companies: Improving Employee Payroll Management through Processor Partnerships
Human resource (HR) and talent management companies are essential components of the business world. Each sector...
Money Talks, but Security Strategies Gossip: A Banking Guide to Shut up Data Breaches
Banks have become one of the top targets for cyber attacks. In today’s internet and digital banking world,...

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Most Popular on Community Hub

5 Tips to Prevent Returned Mobile ACH Payments
5 Tips to Prevent Returned Mobile ACH Payments
“Are you kidding me? Another returned mobile ACH payments notification? I am so sick of these...
Pending ACH Transaction? Here’s what to do!
Pending ACH Transaction? Here’s what to do!
“What is this? A pending ACH transaction? What does it even mean? Why can’t I access the funds...
Complete List of ACH Notification of Change (NOC) Codes
Complete List of ACH Notification of Change (NOC) Codes
“You made a mistake this time around. But don’t worry, I know it was not intentional. Therefore,...