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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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iCheckGateway.com Listed on Inc. 5000 Again!
Friday, August 26, 2022 — 10:43:39 (EDT) Fort Myers, August 25, 2022 – Inc. magazine revealed that iCheckGateway.com,...
Summing Up the SEAA 2022 Annual Conference
The payments industry enjoys a unique position as one of the few industries that benefit from the expertise of several...
Nilson Report: iCheckGateway.com Offers ACH Payments for CNP Merchants
iCheckGateway.com Offers ACH Payments for CNP Merchants
iCG Team Goes Bananas, Making Inc 5000 List!
Inc. magazine reveals that iCheckGateway.com (iCG) ranks #2,425 on its annual Inc. 5000 list. iCG realizes the honor of...
Nacha Ruling Modernizes ACH transactions
Nacha published new guidance on authorizations on September 17, 2021, expanding ACH acceptance into new technologies...
The Highlight of MPC 2021: ACH Payments
The financial industry bolts into a Payments Revolution as consumers begin to request transparency and alternative...
Summarizing the 11th annual MPC Digital Commerce Event
August 4, 2021
Looking Forward to MWAA 2021 Conference in Chicago
We enjoyed coming out to the in-person SEAA conference so much in Bonita Springs, Florida, that we will send 3 of our...

Suggested Blogs

Important Check 21 Return Codes (With Details)
Important Check 21 Return Codes (With Details)
“Here is your PRD printout with the check 21 return code. We are sorry we need to halt this check processing,” the teller...
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 right now! Does this mean...
ABCs of Third-Party Service Providers and Nested Third-Party Senders
ABCs of Third-Party Service Providers and Nested Third-Party Senders
In the previous blog, we discussed the roles and responsibilities of a third-party sender. We understood how funds flow...
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, this time I got your back....
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 notifications! I don’t even...
What is FedNow, and How Does it Help You?
What is FedNow, and How Does it Help You?
To say that we expect a spike in the adoption of real-time payments in the future, is a gross understatement. Latest studies
What are P2P ACH Transactions?
What are P2P ACH Transactions?
The world of P2P ACH transactions is expanding to a whole different level. The year-on-year growth for the use of ACH...
What are Friendly Fraud and Chargebacks and How to Prevent Them?
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...
Everything You Need to Know About ISO20022 – Fintech News
Everything You Need to Know About ISO20022 – Fintech News
The need for faster payment systems is growing by the day. Studies by the Clearing House (THC) discuss how real-time...
How Channel Sales Partners Help Merchants Adopt Real-Time Payments?
How Channel Sales Partners Help Merchants Adopt Real-Time Payments?
The global real-time payments (RTP) market has outgrown expectations in the last three years. COVID-19, unemployment, and...

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Most Popular on Community Hub

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...
ABCs of Third-Party Service Providers and Nested Third-Party Senders
ABCs of Third-Party Service Providers and Nested Third-Party Senders
In the previous blog, we discussed the roles and responsibilities of a third-party sender. We...
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,...