Category: FRIENDLY FRAUD
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How to Avoid Friendly Fraud, a Growing Threat to Your Business
Friendly fraud is one of the most annoying yet seemingly avoidable types of fraud. Many merchants are left wondering what they’ve done wrong or why their customers are mistreating them. One day you’re in the black, and the next your chargeback ratio spikes beyond acceptable limits. Your payment processor flags your account. Your rolling reserves…
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Accept Payments Faster with High-Risk Credit Card Processing
Affiliate Summit, CHARGEBACK FRAUD, CRM, FRIENDLY FRAUD, HIGH RISK MERCHANt, HIGH RISK MERCHANT ACCOUNT, MERCHANT ACCOUNTS, PAYDAY LOAN, PAYMENT PROCESSING, SHOPPING CART, SUSPENDEDHigh-risk credit card processing sounds like an extreme that most online business owners want to avoid. But the truth is that you likely are a high-risk business. Banks and processors often see high-risk businesses as more likely to face chargebacks or fraud, so they set stricter rules or higher fees. But don’t worry, there are…
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Types of Payment Fraud Models (and How to Prevent Them)
As an online business owner, you face many challenges daily. One of the biggest threats to your success is payment fraud. When fraudsters target your business, they can steal products, drain your accounts, and damage your reputation. Let’s explore the most common types of payment fraud and how you can protect your business. GET FRAUD…
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The Rise of Friendly Fraud Among Gen Z and What Businesses Can Do
Friendly fraud is where customers dispute transactions they actually made through their credit card company or bank, aiming to get their money back. It’s as problematic as it sounds. 42% of Gen Zers (those born between 1997 and 2012) have fessed up to committing friendly fraud. With the digital world at their fingertips, disputing a…
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Merchants: Win Your Chargeback Dispute, GUARANTEED
As a merchant, chargebacks can be one of the most frustrating and costly parts of doing business. But what if there was a way to guarantee you would win your chargeback dispute? In this article, we will reveal the secrets of winning your chargeback dispute as a merchant, guaranteed. We’ll provide practical tips and advice…
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