Category: Risk & Fraud
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How to Reduce Credit Card Chargebacks 2024 Holiday Season Edition
The post-holiday chargeback surge is coming, and it’s going to hit harder than ever. With holiday retail sales reaching $957.3 billion in 2023, and an expected 3.5% growth for 2024, businesses are set to face a wave of transaction disputes in January 2025. I’ve seen firsthand how these chargebacks can devastate businesses, often wiping out…
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Is Stripe Payment Safe? Online Sales, User Data, and More
Let me hit you with a shocking stat: 42% of all global fraud cases happen right here in the US. As a payment processor who’s seen countless businesses get burned, I’m here to tell you why payment security isn’t just another checkbox on your to-do list. Stripe processes billions in payments annually, and chances are…
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What Is a Fraud Score and How to Improve It
A fraud score is a numerical value that indicates the risk level of a transaction or user action, helping businesses determine whether to approve, review, or decline a payment. The scoring typically ranges from 0 to 99, with higher scores indicating greater risk. Let’s find out more about fraud scoring and what you can do…
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Credit Card Fraud Prevention 101
Credit card fraud is a significant threat to businesses of all sizes. As a business owner, you must stay vigilant and take proactive steps to protect your company and customers from fraudulent activities. Fraudsters constantly evolve their tactics. By understanding the various types of credit card fraud, recognizing warning signs, and implementing effective prevention methods,…
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Everything You Need to Know About Chargebacks
Chargebacks have become an essential part of the payment ecosystem. They’re a powerful tool for consumer protection, but they can also be a major headache for merchants. Whether you’re a business owner looking to protect your bottom line or a consumer wanting to understand your rights, this guide will walk you through everything you need…
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