-
Understanding and Managing Chargebacks at Automotive Dealerships
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.
Christina Lavingia
READ MORE
-
Navigating Chargebacks in Veterinary Practices
Chargebacks, those financial reversals initiated by a cardholder's bank, can be a challenging issue for veterinary practices to manage. Though commonly associated with retail and service sectors, veterinary clinics are not exempt from the impact of chargebacks. Veterinary practice managers must understand how chargebacks occur, their potential impact on operations, and strategies to mitigate them to maintain financial stability and client trust.
PayJunction Team
READ MORE
-
Chargeback Management Lessons that Businesses Need to Learn From 2021
I get it. As a business owner, there are a lot of matters demanding your attention right now.
Monica Eaton-Cardone
READ MORE
-
The Top 5 Chargeback Challenges for Businesses & How to Overcome Them
The past eighteen months have presented a unique slate of challenges and opportunities for the card-not-present space.
Monica Eaton-Cardone
READ MORE
-
What Is an AVS Mismatch?
Declined 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.
Christina Lavingia
READ MORE
-
How A Digital Chargeback Management System Can Streamline the Dispute Process
A Surge in Chargebacks The COVID-19 pandemic accelerated the shift to e-commerce as businesses enacted safe, remote interaction models including curbside servicing, order ahead, and buy online pickup in store. The inability for a business to see a customer in person and run a card-present transaction on an EMV device also means that there is a higher risk for fraud and resulting chargebacks. Some chargebacks—such as duplicate transactions and processing errors—are legitimate, while others are a result of fraud or a customer dispute.
PayJunction Team
READ MORE