Avoiding Chargebacks
Shannon Andrade | VIEW PROFILE
June 5, 2012
The definition of a chargeback is when a cardholder disputes a charge posted to their credit card account. Chargebacks can occur for various reasons, such as when a purchase was not authorized by the cardholder (fraud), or when goods or services are not provided as expected.You...
Explaining Credit Card Chargebacks
Merchant Warehouse | VIEW PROFILE
December 9, 2011
A chargeback refers to a previous, usually completed transaction that is being disputed by the credit cardholder or their issuing bank. A chargeback actually occurs when a credit cardholder disputes an individual charged transaction or when proper credit card acceptance and...
Director of Sales, Eric George Featured in Digital Transactions
March 1, 2011
Merchant Warehouse Director of Sales, Eric George was quoted in the March issue of Digital Transactions, discussing how Visa's new chargeback rules will affect consumers, issuers and acquires. George explains how this new change will make the process more efficient and cut down...
Chargebacks
Merchant Warehouse | VIEW PROFILE
December 10, 2010
A chargeback refers to a previous transaction that is being disputed by the credit card holder or debit card holder or their issuing banking institution. A chargeback typically occurs when a credit card holder disputes an individual charged transaction or when proper...
Understanding U.S. Based Merchant Account Restrictions
Merchant Warehouse | VIEW PROFILE
December 10, 2010
There are certain kinds of companies that the credit card associations will not do business with, meaning the firms cannot open a merchant account and cannot process their charges through anyone elses, either. When determining exactly who is to be included on this “...
Managing Invalid Chargebacks On Ecommerce Merchant Accounts
Merchant Warehouse | VIEW PROFILE
December 9, 2010
Once you’ve had the pleasure of completing your first transaction and received a payment from your very first customer, you need to continue to conduct your business with those practices that will keep you in good standing. By doing so, you will be able to dodge those all...
How to Avoid Chargebacks and other Merchant Account Risks
Merchant Warehouse | VIEW PROFILE
December 8, 2010
Among the most important things you need to consider (and plan around) when it comes to sales and revenue is how to avoid chargebacks on your merchant account. Chargebacks occur when the card-issuing bank is asked by your customer to request a refund from you. Aside from...
Key Tips on How to Keep Your Third Party Merchant Account From Being Suspended
Merchant Warehouse | VIEW PROFILE
December 7, 2010
Third-party merchant account providers handle your credit card transactions for you in return for a commission, essentially a share of your profits. Account setup is often free, although some companies may charge a one-time, up front fee. These third-party processors are...
How Do Chargebacks Affect My Merchant Account?
Merchant Warehouse | VIEW PROFILE
November 25, 2010
A chargeback refers to a processed sales transaction that is disputed by a payment cardholder or their issuing bank. A chargeback actually occurs when a cardholder disputes an individual transaction or when proper bankcard acceptance and authorization procedures were not...
Avoiding Additional Charges on Your Merchant Account
Merchant Warehouse | VIEW PROFILE
November 17, 2010
When it comes to the process of selecting a new service provider for your business, at times it can become a challenge that you’re not necessarily ready for. Of course, don’t get any false hopes of getting out of paying transaction fees and in addition to that, you may run...