To run a
successful business a merchant has to look after many things. Management in all
fields such as raising funds, managing staff, and product quality and most
importantly managing his/her cash flow.
CASH FLOW.
Cash: We
call this as the base of the firm right?? Intangible thing but yeah plays a
major role to regulate the business.
What if
your cash gets stuck somewhere called chargeback??
Sounds
irritating right? Chuck it!!
We are here
to fight for you for your money yeah happily yes!! Chargebacks are really a big
hurdle in your success.
What are
Chargebacks?
Chargebacks
are the transactions which are raised after the disputes. These disputes are
raised after different transactions held on their credit cards.
Why??
Merchant never
earn for paying chargebacks, right?? So, why to waste money into that. Maybe
at times its merchant’s fault by sending the defective goods or it’s just a
fraud case.
Reason
for Chargebacks?
There are
few reasons which a merchant needs to go through, so to avoid the chargebacks
easily.
Goods or
Services
•Goods
not delivered or defective goods received.
Customers
will fire you back if they receive the wrong product against their purchase.
So, its a merchant’s duty to keep the receipts and track the goods you have
shipped. This will create evidence to win the case against that.
• Plastic
money issues
Unofficial
mail or telephone transactions.
Everybody
needs things for free. Apparently yes, customers will straight away deny that
they had made a transaction on call or on mail.
Make sure if
your business segment follows this routine for completing a transaction, avoid
to have a call, have evidence such as customers address and the CVV2 of the
card.
•Invalid
credit card or account number.
The system
of the merchant should be updated and hence, they should figure out the card of
the customer is expired or invalid. These are a few keys from which you can
actually work on it. Professional assistance may help you to grow much
healthier into your business.
About the
Author
This article
was written by The Chargeback Expertz, a US based company giving you superb Chargeback
fighting assistance against the customers. In recent years, the types of Chargeback
Expertz have become increasingly varied in their features, pricing, and cost
efficiency. Chargebacks Expertz is willing to help you out with your problem
and take you out from the bad experiences you had to date.
Contact us
on: +1 855-465-4723 or mail us at app@chargebackexpertz.com.
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