Home Forums General Discussion Why is chargeback a bad thing? Reply To: Why is chargeback a bad thing?


Friendly fraud is a serious problem for businesses that accept credit cards. The term “friendly fraud” refers to a situation where a cardholder has made a purchase online and then filed a dispute or chargeback with their bank or issuing bank to get their money back. Chargebackhit’s chargeback prevention service helps you avoid chargebacks by giving you the tools you need to respond quickly to customer disputes and prevent them from escalating into full-fledged chargebacks. If you want a better understanding of the chargeback prevention process, I suggest reading this article https://chargebackhit.com/blog/chargeback-prevention/

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