Chargebacks: Why They Happen and How to Prevent Them

Chargebacks: Why They Happen and How to Prevent Them

Online fraud has become a real threat to many consumers, especially those who pay for goods and services using credit cards. That is why there has been a sudden upsurge in the number of complaints among cardholders concerning wrong charges from merchants. Online traders must consider chargeback protection to minimize any losses associated with such happenings. Additionally, as a merchant, you need to understand the causes of chargebacks and how you can prevent them. Why Do Chargebacks Happen? There are several reasons why this reversal occurs, which is why you need to…

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