Merchant Accounts: Chargebacks and Fraud

by Ginger Marin Whether doing business on the Internet or in a brick and mortar store, most merchants accept credit cards.  Here’s an overview of the pitfalls and how the credit card companies protect against fraud. A chargeback is when a sales transaction is reversed.  This can occur for any number of reasons such as bank errors, customer disputes, credit card expiration, double-charges, fraud. If … Continue reading Merchant Accounts: Chargebacks and Fraud