Chargeback Protection Services | How Ecommerce Merchants Reduce Chargebacks
Are you looking to protect your ecommerce business from chargebacks? You’ve landed in the right place. Discover proven effective methods of reducing chargebacks while protecting your business against fraud.
Here are 4 main ways high risk merchants keep chargebacks under control. We’ll go into greater detail on each method in the following sections.
- Add no chargeback payment methods on your checkout page. Secure online payments with bank transfers are like cash payments and cannot be charged back.
- Enable 3D Secure in your payment gateway. 3D secure adds an extra layer of security at checkout and can reduce overall chargebacks up to 70%.
- Early warning chargeback prevention services. When a consumer calls a card issuing bank to dispute a charge, the merchant is notified. At that point, the ecommerce merchant can issue a refund to the consumer and avoid the dispute becoming a chargeback.
- Chargeback fighting services. Once a chargeback has occured, these services help you fight the chargebacks you have the best chance of winning.