Chargebacks invariably lead to losses for the company. However, it is incorrect to think that the amount of these losses is limited solely to the cost of goods. The company incurs quite a few other expenses. Before a company can sell a product, it must store it somewhere. The process of packaging the goods, while […]
Do you pay enough attention to chargebacks and know precisely what an acceptable chargeback ratio is? Do you know how to calculate the chargeback ratio? Answering these questions is very important because an increase in this number of payments will negatively impact your entire business and bottom line. In this article, we will talk about […]
According to PwC’s Global Economic Crime and Fraud Survey 2020 US companies reported that for the last year they lost 42$ billions because of online fraud. The main reasons that occur are: customer fraud, cybercrime, asset misappropriation. However, don’t panic. There are a number of measures to ensure the security of online payments in any […]
There is not a single trend in our world that will last forever. That’s great, because we need changes, and that’s the only way to improve things and move forward. When we talk about finance, we have to keep in mind that change is much faster in this area than in any other. In order […]
Accept cash and credit cards, and your business is sure to succeed. This policy might have paid dividends a few years ago, but today, by offering only these payment methods to your customers, you risk falling far behind your competitors. To prevent this from happening, it’s important to consider alternative payment methods. If you still […]
The PayPal platform is becoming more and more popular every year, which makes the question of how to do a chargeback on paypal more and more urgent. The data shows that in the third quarter of 2020, the number of active users of the system reached over 360 million. Every day a record number of […]
Every country in the world has its own popular payment methods. The United Kingdom is no exception. For this reason, when setting up a business in this country or accepting payments from UK customers, it is important to understand which UK online payment methods exist and which are the most popular. Popular UK payment methods […]
Nowadays, online merchants have the opportunity to significantly strengthen their position on the market. There are already many ways for borderless e-commerce expansion. Alternative payment methods are one of the important parameters that affect the ability of a business to provide its activities around the world. Alternative payment methods allow you to reach the largest […]