It’s pretty clear to most merchants that the pandemic has caused disruptions not only in the health care system, but in the economy as well. More specifically, this new normal has created a breeding ground for increased instances of friendly fraud, which have been undoubtedly hurting the chargeback ratios of many merchants. Chargebacks are expensive, and …
Continue reading “Is Your Chargeback Strategy Intelligence Driven?”
There is probably no better feeling for a merchant than when a customer buys, and loves your products. Profit is important too, but small wins can definitely boost your morale! As much as a purchase can help your morale and your bottom line, a complaint, or worse, a refund, can hurt it. Refunds are part …
When I ran my skincare company, chargebacks were one of the most critical KPIs for our team to follow. They affected our bottom line. They also told us things, like what affiliates sucked and needed to be tossed to the curb. More importantly, they were an existential threat to our merchant accounts. I can tell …
Continue reading “Can You Save Money Managing Your Own Chargebacks?”
Looking back at 2020 we can say it was the year that everything changed. We all had to adapt to new rules; new ways of doing the simplest things. Covid-19 also ushered in a new era in consumer behaviour, and according to studies, most consumers will continue to shop online even after the pandemic is …
In payment processing being on MATCH List is very bad news. Being put on MATCH (or TMF) puts a black mark on your record, which can prevent you from being able to accept credit cards for payment for up to 5 years. Here are some tips and tricks to avoid being put on the dreaded …
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Cannabidiol (CBD) is one of the many chemical compounds from the Cannabis sativa plant. These plants are popularly known as marijuana or hemp. Unlike tetrahydrocannabinol (THC), the main ingredient in marijuana that causes the high, CBD is non-psychoactive. It is now gaining popularity for its antioxidant, anti-inflammatory, and pain-relieving benefits. CBD’s legalization More people can …
Continue reading “Why is Using High-Risk Merchant Services Best For Your CBD Company”
