It’s no secret that the public perception of cannabis has become more favorable in recent years. Cannabis is no longer considered just to be a plant where marijuana can be derived from to smoke, as it has become a source of curiosity in the scientific community about its purported health benefits. In 2015, legislation was …
Author Archives: Andrei Damascan
8 ways to prepare for HOLIDAY SALES
Believe it or not, 2021 is almost coming to a close. Nearly a whole year has passed, and the world has definitely changed since the end of 2019 and 2020. Boy does time fly fast! As with most businesses, they often find themselves making the majority of their revenue in the Q4, and because of …
Checkout Abandonment: Causes and solutions explained
If you’re familiar in any way with eCommerce, which considering that you’re reading this you probably are, you’re probably aware of the tendency for shoppers to abandon their carts, often leaving for various reasons such as shopping on competitors sites and bad reviews. Abandoned carts are common in the eCommerce world, about 70% of carts …
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What is Automated Underwriting, and why should you care?
It’s not uncommon for new start-ups and established merchants alike to require loans, insurance and investments. Traditionally, this financial risk has been handled by institutions that have the ability to do underwriting, a term that was developed from the act of each risk taker writing their names on a piece of paper, under the amount …
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Chargeback Representment: What it is, and how to create a representment case – Part 2
How to create an effective chargeback representment case So now that we’ve gone over why you should re-present, and how the process works, let’s go over the basics of creating an effective case. Yes there are several ways to go about this, but the steps you take matter when dealing with unwarranted chargebacks. The first …
Chargeback Representment: What it is, and how to create a representment case – Part 1
Chargebacks as many merchants know, is simply something that’s par for the course within the business world. There may be situations where there are legitimate reasons for a customer to do a chargeback, and in those cases, the obvious right thing to do would be to accept it. But what do you do if a …