Dealing with chargebacks can take a heavy toll on a merchant. Fighting them takes time, research, and labor, and sometimes you still end up losing money to fraudulent or improper chargebacks.

The burden of proof is on merchants to demonstrate the problems with a wrongful chargeback. Even a completely passive approach is unworkable—get hit with too many chargebacks, and you risk having your merchant account suspended.

Every merchant needs some kind of strategy for preventing, fighting, and dealing with chargebacks. Some businesses may have the resources and wherewithal to handle it in-house, but for many merchants, that's just not feasible. That's where chargeback services come in to play.

Full Text:
https://www.chargebackgurus.com/blog/chargeback-services-how-to-identify-the-best-service-providers

©Chargeback Gurus 2020
Production: Tyler DeLarm
Narration: Sarah Rife