You don’t need to wait for chargebacks to be filed before acting. You can stop chargebacks BEFORE they happen. The key to this is using an intelligent dispute resolution solution that ensures your business is protected.
Chargebacks: When a customer decides to dispute a charge made to their credit card, or debit card this is called a chargeback. The chargeback initially results in the credit card charge being reversed and the funds that you received for the payment being returned to the customer. Chargebacks were introduced as a form of consumer protection against fraud.
Chargebacks are a $40 billion problem that impact EVERY merchant’s bottom line. Whether caused by true fraud (identity theft or stolen payment cards) or friendly fraud (buyer’s remorse or disputing a legitimate charge) – if you aren’t preventing chargebacks you will be on the losing end. Chargebacks can and will cost you. Get too many chargebacks and you could lose your card processing privileges, altogether.
This is why you need to take advantage of Verifi’s Cardholder Dispute Resolution Network (CDRN).
Watch our chargebacks video now and learn how and why you want to be proactive.
Improve your Bottom Line
As a business, you take every measure you can to deliver profitability. This is why it only makes sense to take 100% control of your dispute resolution. With Verifi’s CDRN, we are giving you the power to control disputes before they impact and hurt your bottom line. This only makes smart business sense.
What so many merchants overlook with chargebacks is that regardless of the chargeback result, you are still charged fees by your issuing bank. These fees add up. Merchants with a high ratio of chargebacks to transactions are at risk of being further penalized with additional fines and running the risk of completing losing payment privileges. Do not let this happen to your business.
Chargebacks can be prevented
Let Verifi help you with our award-winning and unmatched CDRN solution. This dispute resolution network is designed specifically to prevent chargebacks.
We all know that it is nearly impossible to eliminate chargebacks completely, but we can help you protect your business and give you a simple solution that lets you take complete control with instant dispute resolution.
All it takes is three easy steps and you can improve your bottom line with no integration constraints, IT headaches, or costly learning curves.
CDRN is designed to work the way you need it to work. This means you have choices over how you implement and manage your dispute resolution network. Choose from our self-service portal or bring in our team to manage and operate your chargeback protection. It’s up to you – you do what makes sense for your business.
Our goal is for you to have the right chargeback solution for your business – we’re flexible and ready to help you however we can.
- Managed Service: LET US WORK FOR YOU
- Self-Service Portal: NO IT INTEGRATION REQUIREMENTS
With our integrated CDRN options for management and ease-of-use you are taking control and taking a bite out of chargeback costs. With an easy-to-use user interface, the learning time is minimal and you can be up and running in just three easy steps.
Let’s Work Together
We are your partner in preventing chargebacks and protecting your bottom line.
Since 2005, Verifi has been the leader in chargeback prevention for businesses of all kinds and sizes. We partner and work with start-ups to top Fortune 500 companies to provide payment protection, reduce risk and maximize profits.
The numbers and facts don’t lie. Chargebacks can cost you your business. Work with Verifi to get the protection, management, advice and security you need to build customer, investor, employee, card issuer, and third-party confidence.
Control the disputes, protect your bottom line, take 100% control – stay in business and be successful.