Chargebacks Explained
What is a Chargeback? A chargeback occurs when a cardholder disputes a transaction with their bank, requesting a reversal of the payment. Unlike a refund, which is initiated by the merchant, a chargeback is processed by the issuing bank and can be forced on the merchant without prior warning. Why Chargebacks Happen Chargebacks can stem […]
How to Improve Approval Rates & Transaction Flow
How to Improve Approval Rates and Optimize Transaction Flow Every payment matters, especially when a declined transaction can lose you a customer for good. For merchants operating online or globally, optimizing approval rates and transaction flow isn’t just good practice, it’s essential for growth and revenue protection. A guide for high-risk processing is needed to […]