Chargeback fraud: The essential guide
🛡️ How Online Businesses Can Fight Chargeback Fraud and Protect Their Revenue For online businesses, chargebacks often feel like an unavoidable part of doing business. But when fraudulent chargebacks — also known as friendly fraud — begin eating away at your revenue, the impact is anything but friendly. From lost sales to increased processing fees and even the risk of account termination, chargeback fraud poses a serious threat to merchants of all sizes. So, how can businesses fight back? The answer lies in proactive fraud prevention, real-time dispute management, and cutting-edge chargeback protection technologies. In this guide, we’ll explore: What chargebacks and chargeback fraud are Their operational and financial consequences How merchants can fight and prevent fraud How MOBOPAY.ca can help safeguard your revenue and maintain a healthy chargeback ratio 💳 What Are Chargebacks? A chargeback occurs when a […]
