If you think chargebacks won’t impact your bottom line, think again. At the current rate, friendly fraud will cost merchants upwards of $25 billion a year by 2020.
The risk of not managing chargebacks easily leads to being out of compliance in 3 months. No one wants to deal with that hassle. The real impact comes if you breach your threshold, and your merchant account holds your reserves for 6 months. This can make or break a business, especially in the travel industry.
Your dedicated JJS Global account manager works with you every month so you are not in this position. Plus, we have a chargeback protect system which offers quick time alerts and a platform to easily manage all your chargebacks. Our customers love this feature to help manage chargebacks.