Not Preparing Is Preparing For Failure.
Currently, chargebacks are the number 1 reason why most merchants lose their accounts…
And this number isn’t going to go down any time soon.
More and more people are trying to find new ways to “cheat the system” since there’s basically 0 risk for them, all the consequences fall on you, the business owner
And this isn’t just about losing money and time, if you get close to a 1% chargeback ratio, you:
- Will be forced to play higher interchange rates
- Have to deal with stressful rolling reserves
- And, even lose your Merchant Account.