Blog

Tag Archive: chargebacks

November 29, 2018

Merchant Fights Fraud – Delivers a Payback

It was back in February or March when Mike Weisberg, owner of Greater Binghamton Limousine Service became a victim of fraud. The thieves would come calling again and again. The third time was the charm and resulted in an immediate arrest. In the first fraudulent encounter, Weisberg received a call asking for immediate transportation to Buffalo, a 400-mile round trip. A trip that cost $875. Weisberg did everything he was supposed to do. He obtained the billing address, the zip code and the three-digit security code. Everything went as planned and the crook even complimented the chauffeur on a job...Read more


November 20, 2018

Avoid Chargebacks with Clearly Stated Refund Policies

Black Friday is upon us. Hopefully your cash registers will be singing on Friday with rapid fire transactions. Along with an increase in transactions, we also see an increase in fraud and chargebacks this time of year. Having a stated refund policy can really help you win a chargeback. Many times people who don’t like the gift that was given to them return it for a cash refund. If you allow that without question then there would be no issue for you. However, if you have any stipulation about returning products such as, “In its original packaging”, “Within X days...Read more


September 2, 2015

Credit Card Processing 101: How to Protect Your Company from Charge-Backs

Charge-backs are a common credit card processing issue. Because charge-back fees accumulate fast, they can be very damaging, especially for small businesses. Fortunately, there are viable options for protecting your company from these unwanted expenses. What are Charge-Backs? A charge-back occurs when a credit card user contacts the issuer to dispute a charge and the dispute is deemed valid. As a result, the purchase dollar amount is reversed from the merchant’s account. Common disputes consist of ordered merchandise not received, false/poor representation of a product/service, substandard quality, incorrect billing, or unauthorized charge. As the business owner, you get charged not...Read more