A Range of Financial Implications
Chargeback fraud can cause many losses to an organisation, some of which you may not have even considered. For example, the loss of stock and revenue from providing those goods or services. You’ve got chargeback fees issued by the bank, not to mention the non-refundable transaction fees which are issued by your gateway and acquirer. You’ve got non-refundable shipping costs in providing those goods or services and the salaries and bottom-line costs enabled to provide those goods or services. Finally, the valuable time and resources it takes in actually disputing those charges.
To reduce the cost of chargeback fraud in your organisation, contact Key IVR today.
Presented by Abi Richardson – Partner Relationships Manager at Key IVR