You know, most of them friendly fraud, the person’s just trying to get out of paying for it. We work with a lot of nightclubs and a lot of businesses where they’re doing high ticket transactions and getting chargebacks. One of the things that make our service different than the services that you normally get through these chargeback companies is they don’t work with card-present businesses, and that’s where chargeback rescue comes in. We were working with low-risk merchants, high-risk merchants, e-commerce, you know, strip clubs, nightclubs, but in the card-present arena. If the person needs to get a return, you can return the money before the chargeback hat. You can sign up for different services where they monitor your chargebacks and help you fight the chargebacks.
Which we’re going to talk about more in another couple of podcasts that we’re going to do. You know, as far as that goes, you can link to you 3d secure. There are quite a few different services. You know, it’s easy, easier to work with chargebacks because there’s more tracking. A lot of card-present businesses are getting chargebacks with websites. And then with the onset of COVID, we saw the growing need for noncard present services and retail businesses with QR codes and different things like that. And you know, a lot of that fraud started because of the increased use of chips, sorta pushing off into the noncard present arena. So what is going on with chargebacks lately? Chargebacks are a crazy thing cause EMV, the chip card was supposed to kind of solve that problem, and the card present business. There’s nothing worse than getting that letter through email, fax or, the mail, and you have a chargeback to deal with. Chargeback is a crazy thing that businesses have to deal with. So today we are going to talk about chargebacks. Welcome you to another episode of the B2B Vault Podcast.