Guides and reports
What is a chargeback: risks, dispute and how to prevent it?
Learn how to identify chargebacks, understand the process involved, and explore strategies for preventing them.
Chargebacks were created to help consumers easily dispute potentially fraudulent transactions and protect them from fraud. However, for businesses, chargebacks can pose a revenue risk, especially with the rise of friendly fraud.
Although chargebacks are a normal part of doing business (and show that your risk management isn't too strict), there are effective ways to reduce their occurrence.
In this article, we'll explore what chargebacks are, how they happen, and share strategies to prevent them.
