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Chatsworth, CA (August 3, 2022) - If a company does not provide the goods or services it has promised, customers may dispute the costs. Both damaged items and goods that are thought to be of lower quality, in the eyes of the buyer, are legitimate grounds for disagreement. Despite its best intentions, this type of consumer protection has led to instances of friendly fraud. Even if retailers or service providers may have provided the goods as promised, dishonest customers may challenge charges in order to avoid paying. The cost of this fraud to businesses is rising as online shopping and credit card sales rise, but it can be reduced. A close examination of credit card usage can reveal fraud patterns. Get more info about chargeback prevention service
The expert at Premier One Payments, 'Chargebacks are a sign of an anti-fraud program that needs to be strengthened. While some chargebacks are made as a result of real supply or delivery issues, according to most estimates, fraud is the main cause of 80% of all chargebacks. The merchant chargeback protection comes into play in this situation. By utilizing our cross-industry dataset of 1 billion transactions, comprehensive analytics, and AI and deep learning upgrades, you may lower your chargeback rates and prevent chargebacks.'
With the help of Premier One's wonderful post-authorization fraud solution, businesses may prevent disputes and stop chargebacks in their tracks. One can now view chargeback inquiries, alerts, and notifications from a single dashboard as they happen. The simple dashboard makes it easy for organizations to manage, address, and deal with issues.
ABOUT PREMIER ONE PAYMENTS: Premier One provides payment processing services for companies of all sizes, from small local enterprises to international conglomerates. Through daily account monitoring, the implementation of risk and reversal management programs, and the activation of other productivity tools, the company specializes in helping clients in industries with high chargeback risks by lowering their processing costs. Additionally, its reasonable cost structure was created to assist you to keep a competitive edge in the industry.
To know more, visit- https://www.premieronepayments.com/chargeback-protection-services/
Media Contact:
Premier One Payments
Chatsworth, CA
Phone: (888) 236-0272
Email: info@premieronepayments.com
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