Choosing a transaction descriptor is critical for running a successful business. The main reason? It can save you money and reduce the number of chargebacks.
Welcome to the world of card transaction types. This blog will illustrate the big players in this world and give you a general overview of various card transaction type. For more detailed information about any of the transaction types, simply check out our other links.
It’s hard to avoid chargebacks these days. No matter what kind of business you run and no matter what you sell. Learn what chargebacks are, how to deal with them, and how you can reduce your chargeback ratio.
Before you start selling online, you should know that accepting card payments comes with chargebacks. It doesn’t mean that it will affect your business but it’s better to prepare for such a situation when a chargeback occurs. But first, what is a chargeback?