Archive for March 29, 2016

5 Tips to Avoid Chargebacks

Written by Business magazine. Posted in Card not present fraud prevention, Merchant credit card processing, Payment processing services

Merchant

More and more people are buying things online. E-commerce generates more than $931,000 every 30 seconds from computers and nearly $270,000 worldwide. Moreover people tend to spend more when shopping online than in traditional brick and mortar stores. The average American online purchase is for about $80. When people shop online, may know exactly what they are going to get and where they are going to get it. Nearly half (48%) say they have decided these two things before they go online to buy it. Most of this shopping online is done with a credit or debit card making it critical that e-commerce sites have a good merchant payment gateway company. This is crucial for providing stores with chargeback protection for ecommerce.

Chargeback is the term used when a customer disputes a claim on their credit card stat