Category: Risk & Fraud
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Boom Time For Dating Merchants – Manage Chargebacks & Refunds As You Scale
Dating merchants in the US and Europe experienced a wealth of interest from online consumers this past spring. This was influenced by the fallout from Coronavirus. Some people are using dating apps and websites as a form of entertainment while others are truly looking for love. Dating merchants are seeing record numbers of sign-ups. However,…
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Refund Rates Over 15% Can Ruin Your Payment Processing
When was the last time you paid attention to your refund rates? For many high-risk merchants, the focus when it comes to payment processing is chargebacks. You might believe that a low chargeback ratio alone protects your merchant account status. But when was the last time you checked your refund rate? High refunds and returns…
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Chargeback Rates Nearing The Dreaded 1% Mark? Here’s How To Fix It
Chargeback rates have become a severe problem for various online merchants over the past couple months during the COVID-19 crisis. Businesses continue to deal with the economic fall out. For example, some within the subscription, travel, sports and supplement sectors see increasing levels of chargebacks. This is particularly true for US-based merchants. And, let’s not…
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Chargebacks: Why Americans Love Them & What Merchants Can Do About It
Any online merchant with sales in North America knows that US chargebacks are inevitable. It happens to so many successful companies. They have a cool product or service. They launch to great fanfare in the UK, EU and other foreign regions like Australia and New Zealand. However, when targeting the US consumer market, America poses…
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Influencer Fraud: Why You Got Scammed & How To Bounce Back
Social media stars. Big-time bloggers. Authoritative podcasters. All share a trait that companies value – influence. But influencer fraud has left merchants with nothing to show for their ad spend. Fake followers, paid-for engagement and overstated reaches make it hard for high-risk merchants to partner with online figures in this market. The negative consequences stretch…
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