What is a chargeback and why should I care?
Chargebacks are automatic reversals of payments made to a merchant by a cardholder that occur when a customer disputes, whether honestly or dishonestly, a charge.
Payment Processing News
Businesses that encourage the use of e-billing and e-payments play a huge role in moving our society towards a more Earth-friendly economy. They reduce our reliance on paper currency and metal coins. They also eliminate the 1.5 billion lbs of environmental waste created by paper receipts every year.
Payment fraud is a real issue for small business owners. Did you know that in 2021 the estimated loss in revenue due to fraud was $5.9 billion? Even with new security measures in place, fraud is still a serious issue for businesses that accept credit cards. Why? Because cyber criminals are always adapting. Your best defense? A good offense. Being proactive helps protect your business against criminal activity.
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“Unless the Lord builds the house, the builders labor over it in vain." Psalm 127:1