Using Chargeback Insurance for Internet Shopping
Credit card chargebacks happen when a customer disputes a credit card transaction through his/her issuing bank. How can chargeback insurance help you? Just read this article and you’ll know.
Dealing With Chargebacks?
Customers can dispute a credit card transaction based on different reasons. These may include fraudulent use of a card as well as dissatisfaction with the good/service received.
The chargeback process can make consumers more confident. There’s nothing difficult for credit card users to dispute charges. As for businesses and banks, they must do all of the legwork to determine whether a transaction is legitimate or not. So, chargebacks can often prove to be rather costly for businesses.
How do you, as a customer, come across chargebacks? Well, you find an item on an online shopping site. Even though it’s so good that you can’t believe it’s true, you type in your Visa number anyway. As soon as the … READ MORE ...