Reducing Chargebacks: A Merchant's Guide
System Administrator
February 26, 2024
Reducing Chargebacks: A Merchant’s Guide
Chargebacks can be costly and time-consuming. Here’s how to reduce their occurrence and protect your revenue.
Common Chargeback Causes
- Fraudulent transactions: Unauthorized card use
- Product not received: Shipping or delivery issues
- Product not as described: Customer expectations not met
- Technical issues: Processing errors
Prevention Strategies
- Clear product descriptions and images
- Prompt customer service
- Detailed transaction records
- Fraud detection tools
- Clear return and refund policies
Proactive chargeback management can save your business significant time and money.
System Administrator
Paylink Team
Sharing insights about mobile payments, business growth, and M-PESA integration in Kenya.