Why Chargebacks Can Kill Your Online Sales and How to Stop Them
Monday, August 9th, 2010The chargeback is a process that exists primarily for consumer protection against unwanted or undesirable transactions. A chargeback is the return of funds to a consumer, forcibly initiated by the consumer’s issuing bank or credit source. There are numerous reasons for individuals to initiate the chargeback process but the bottom line is these chargeback greatly affect the online vendor. This process is tracked by financial institutions and directly affects the ability of the vendor to accept credit cards and debit cards online.





