How to Stop Chargebacks From Destroying Your Profit Margins
What if 99.5% customer satisfaction could still threaten your entire business? Payments veteran Jeff Foster reveals why the economics of chargebacks have shifted dramatically, and why the smartest merchants are giving money back faster than you'd expect.
Jeff has been in payments since 1998, helped process the first CVV and Verified by Visa transactions ever, and now runs Quick Refund to help merchants navigate the tightening thresholds that Visa and MasterCard have imposed. We explore why 25% of chargebacks hit transactions that were already refunded, how friendly fraud became behavioural…
The skinny
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