Friendly fraud is estimated to cost merchants $25 billion a year by 2020.
Chargebacks are not friendly at all. They lower profits, increase operational expenses, and can lead to merchant account shutdown. Collecting and analyzing the right data during fraud screening helps prevent and dispute chargebacks when fraudsters try to take advantage.
Read this eBook to learn more about:
- The anatomy of a chargeback
- Common challenges of disputing chargebacks
- 10 best practices to fight chargeback fraud
- Reducing chargeback losses by up to 85%