Stripe Offers SMBs Chargeback Fraud Relief


Payment processing company Stripe has launched Chargeback Protection, a machine learning-based system to limit the impact of fraudulent credit card transactions on merchants. A chargeback is a demand by a credit card provider for a retailer to make good on a fraudulent or disputed transaction by repaying the full purchase amount plus a chargeback fee. Resolving fraudulent disputes can take up to three months. Until then, disputed funds are unavailable to the business, even if it ultimately wins the dispute.
Source: https://www.ecommercetimes.com/perl/syndication/rssfull.pl

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

New Order

Welcome to az-emarketing.com

X
Glad to have you at az-emarketing.com
Welcome to Our Store
WooChatIcon 0

Shop By Department