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Automotive dealers know that successful transactions are critical for revenue, customer satisfaction, and trust. However, an increasingly familiar challenge dealers face is managing chargebacks: the financial reversal of a credit card transaction initiated by the cardholder’s bank. While often valid, chargebacks can also result from customer misunderstandings or fraudulent activity, creating financial strain and administrative headaches for dealerships.
READ MOREAt PayJunction we pride ourselves on the relationships we build with our customers. Last year, we received 160+ positive reviews, both internally and externally. In early 2023, we managed to increase our average Trustpilot rating from 4.8 to 4.9, and have continued to collect a number of “love letters” from our valued customers.
READ MOREPCI DSS stands for the Payment Card Industry Data Security Standard. Any business or organization that processes, stores or transmits cardholder data is required to adhere to PCI DSS. The credit card brands (Visa, MasterCard, Discover and Amex) created these security standards to prevent fraud and instate industry-wide standards.
READ MOREForman Automotive, formerly Rogers & Rogers, is your typical multi-location auto dealership. Each day is busy as Forman Automotive features various brands at it's multiple locations, including United Toyota.
READ MOREDeclined transactions are stressful. No cardholder likes being in that position, and it’s a tense situation for business owners who lack answers to rectify the issue.
READ MOREMOTO stands for Mail Order/Telephone Order and is a credit card processing pricing setup on a Tiered plan. MOTO credit card processing is best suited for businesses that primarily accept card-not-present transactions: Examples include e-commerce and delivery-based businesses. In contrast, Retail pricing is appropriate when the majority of transactions occur in-person.
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