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.
One of the major problems for the online merchants and companies that accept credit card payments is the possibility for the cardholder to try disputing the claim. In that case, the bank of your company will notify you about that and you will be billed a fee for the chargeback. Is it possible to prevent chargebacks?
Online business owners which sell goods or services need to know that accepting credit card payments comes with chargebacks. I don’t try to tell that you need to face with that, but it’s better to be prepared for the entire chargeback process. What is a chargeback?