#fight chargebacks

[merchantservices444]

Chargebacks: Unraveling Their Impact on Your Business

[shithitsmynipples]

Ewwww yall they’re making me do my job at my jobbbbb

[bitchy-craft]

SCAMMER ALERT

EDIT: she took more, 200 from me now

For every tarot reader on here or people who sell services in general. @ recoveringinternetaddict is a scammer.

She has ordered a lot of my tarot readings over the last couple of months and has been charging back everything the last few days; over 180 200 euro's so far and will most likely continue to charge back even more. This has brought me in a lot of trouble financially as one might guess.

She keeps coming with many excuses but isn't really doing anything to solve this even though she claims it 'was an accident'. Yet it isn't an accident > she even told PayPal it wasn't an accident (PayPal said so / hinted this through customer service mails). She has been doing the same with @tarotwithavi as well, who has also been charged back a significant amount of money so far. Edit: we found a 3rd person she did this too; @starryfree.

We both have been fighting these chargebacks with all the proof we have, but because she has done the chargebacks through her card holder PayPal isn't able to do anything, and that company will need to look at everything. This will take at least 180 calenderdays full of stress and uncertainty.

She is even claiming that her bank is taking more of our money because we provide proof that the chargebacks are false.

Please spread this information by liking, reblogging or commenting so the news will be spread to as many people as possible.

I know I am asking for a lot, but if you ever thought of getting a reading from me, it would be very kind to order one now so I can get out of this financial loss as quickly as possible. If anyone has any advice it would be greatly appreciated as well.

[thdramas2]

(dont post off anon) Sheller here. Posting here too but asking people to stop stalking my twitter and conversely my deviantart. I've said my statements several times, and this is now honestly harassment. As a reminder - I'm the chargeback person of 5k back in march. No new incidents have occurred and it is almost August by the time I write this, and there are...THREE PSAS made about me due to 'ban evasion'. Just block me, honestly. There's nothing I can say to anyone to force them to trust me so just block me but don't literally run me into the dirt when I returned all of the funds with documentation that I did so. I acknowledge if people dislike me and wish to not do business but this does NOT mean you can try to kill my reputation even further than it has gone. I'm putting up a fight. This is a warning.

didn't you scam a bunch of artists out of a shit-ton of money?

Anyway, how are you going to anon when you then say EXACTLY who you are

[chaifootsteps]

How many times does it need to be “a disgruntled ex-employee who is bitter and jealous at queen viv” until there’s actual evidence of abuse they’re convinced by, instead of fans and friends they’re like lawyers fighting for her

This phenomenon isnt new to me, I had an ex-friend who was close to someone who wad caught stealing money from an artist (chargebacking commission money) and I got presented with screenshot proof from the victim. When I showed this to my ex-friend? The reply was something like “Oh, this is weird, they’d never do something like that, I don’t know what to think”, and we stopped communicating, then I found out they had blocked me on every site after that interaction

I think it’s as simple as Viv’s attack dogs (namely the huge drama hotspots like Elcee, Alex and Dani) being spineless and wanting to be on her good side. Viv’s art is amazing and appealing to a lot of queer people, I don’t blame them, I used to be an avid defender of hers. But if you complain about anything you are told to fuck off, you’re ungrateful, baiting, stirring drama, you only hate her cause she’s a queer creator, etc. This is the only fandom to ever call a YTP going viral a “hate campaign”

the replies to that reddit post of the owl cafes broke my fucking heart, I really hope the boycotting against Amazon is the final straw and outsiders to the fandom are the wake-up call we need to witness

The Danis and Elcees and Alexes, I don't think anything will convince them. I think Vivzie could commit real murder and they'd go down saying she didn't.

But everyone else, I think they're starting to wake up.

[tchtra]

Best video game.

Why?

Oh that's difficult.

Gonna have to say ULTRAKILL

Massive rant about it and a few other games below

The fast-paced first person shooter has literally everything I would want for a fps. Cool mechanics (slam-storage, railcoin, chargeback), not much dialogue (the only time you're forced to listen to someone talk without being able to fight it's either skipable or at the very end of the act). The boss fights are incredibly fun, like I would gladly replay any of them just for fun. The P-Rank makes the game very replayable and the reward of getting to fight an even more difficult boss is so worth it.

Plus, despite not getting all that much screen time, the main characters/bosses in ULTRAKILL are very memorable.

Like Gabriel, who was seen as a disgrace by the angel council for losing to you, a simple machine. The council removes his holy light and will perish in 24 hours. Instead of enjoying his time left, he decides to fight us once more, enraged by what you've done to him. Half way through the fight, he starts laughing, genuinely enjoying the combat with you. When he looses, he comes to the realisation of how corrupt the angel council was and does the only reasonable thing and kills every single member. He'll still die though.

The concept itself is very interesting as well. You're a war machine that runs on blood and you're going to kill everything until there's nothing left. Humanity is dead so you travel through hell killing husks, machines and even gods. This plays into the gameplay and mechanics of the game more than you'd expect.

The mechanics in the game are so so fun. There's the basics like being able to slide and groundslam. But with your first unlockable weapon, the marksman, it opens up new opportunities for tech and all that gun does is allow you to throw a coin which if you shoot, it guarantees a bit on any nearby enemies. And that's just one weapon. Then you've got the ability to parry projectiles which. Funnily enough, the shotgun pellets count as a projectile so when you "parry" them after shooting, it causes an explosion. It's honestly my favourite way to rack up style points but I can't do complex tech like chargebacks and dead coining. The addition of a style meter makes you want to play in a way which gets you the most stylish way possible.

As well as the main story levels, there's an endless arena area called the Cybergrind where you try and survive for as long as possible while killing enemies stylishly. As with most endless modes, it gets more difficult the longer you survive with harder waves spawning and the introduction of radiant enemies (enemies with more health, speed and damage). This makes Ultrakill infinitely replayable as people try to get the highest score on it. My best is wave 23 on Violent and 25 on Standard.

I'm definitely not the best at it, I haven't P-ranked most of Layer 7 and I haven't even gotten past the many enemies to complete P-2 but this game is great and I can't wait to see what waits for us in the rest of act 3

Honourable mentions to Half Life and TF2. Both are great games by Valve which will never get a third installment.

TF2 is so much fun but the bot problem has really been ruining it. I hope VALVE actually try to fix it after this #savetf2 movement. I personally main Medic which just means I can't aim to save my bloody life- I love the characters, their personalities and playstyles. They're all so unique yet yet stereotypical at the same time. I love the meet the team shorts and how well they establish the characters. This as well as their adventures in the comics really shows the world of TF2 well. The various hats you can get are unique and allow you to make the mercs your own (I have watched death of an art style but I don't think that the cosmetics are the biggest problem for TF2 right now-). The community is completely insane and I'm glad we're all still here after everything the game has been through. I love the fan-made projects so much. The various sfm animations talented creators have made never fail to impress. Like Emesis Blue, a psychological horror movie about the TF2 mercenaries made entirely in SFM, a software that's around as old as TF2 itself! TF2 is really being carried by the community and thank you to anyone who contributes, you guys are incredible. I know I've gone off about the community more than the actual game but without the community, there would be no TF2. But yeah TF2 is amazing, I miss the PS3 version as that was how I first played TF2 when I didn't have a pc.

Half Life as a game series is absolutely incredible. Valve completely changed the opinion of FPS games and the gameplay as a whole. The slower build to the resonance cascade, the scientists chatter, the interactivity as a whole contributes so much to the world building if the first game. The combat options were unique and fun to experiment with while providing interesting enemies to use them on. Of course, the Xen chapters were a bit bland but they still set the atmosphere of what was to come. And Black Mesa's complete remake of Xen completely fixes that if you do have a major issue with it.

Half Life 2 completely blew my mind the first time I played it. I had never seen anything to do with Half Life (except the references to it in TF2) so when I played it, it was amazing. Just like TF2, I first played it on the PS3. There's not many differences except the load times (which were horrid) but I still completed the game.

I hardly remember anything from my first play through of Episode 1 but I did get really attached to Alyx. Oh and I found the kleiner broadcast funny. Episode 2 is a completely different story. I loved every single second of it (there weren't achievements on PS3 version so I didn't do the gnome challenge and it shows-). The car section was fun. I liked looking for those supply crates and doing the physics puzzles to get to them. Hunters were really fun to fight but once I discovered they get instakilled by the jalope, I just started running them over. Made the final sequence much easier. The helicopter fight was interesting. And the ending. Oh my god, the ending. I ain't gonna lie, that shit hurt. It's a shame they rewrote it for Half Life Alyx.

Speaking of Half Life Alyx, I never got to play it but it looks incredible. I hope to be able to play it some day but right now, I have to stick to watching playthroughs.

I love Half Life but at this current moment I prefer ULTRAKILL, may change.

Uh yeah, I'm normal about all these games

[artcommunityvent]

— Welcome to Art Community Vent!

We allow vents aimed towards the entire online art communities, and not limited to one site.

We have our own set of rules to follow. Some rules could be modified, added to or removed in the future without notice, so be sure to double check first!

Our rules and masterlist can be viewed under the cut below:

READ THE RULES !!

Rules can be removed, added to or edited in the future if a need arises, be sure to double check at all time.

Feel free to send feedback related to our rules. If there are any mistakes whatsoever, do let us know!

[GENERAL RULES]

1. We allow vents related to online art communities and the artists within. Platforms include, but not limited to: Deviantart, Twitter, Art Fight, Toyhouse, Furaffinity and more.

2. Discriminations, threats, and harassments are not tolerated. Hate their actions, not their identities.

3. Related to the above: insults without contexts or aimed to the art skill are not tolerated.

3.1. For the latter, Butch Hartman is the sole exempt, for now.

4. No vents, debates or bewares about, but not limited to:

4.1. An adult artist who create adult contents that are properly tagged, inaccessible to minors and follow the rules of its sites.

     4.2. What fictional media, character or/and shipping dynamic that an artist likes.

     4.3. What an artist kins as, be it animal kins, fictive kins, etc.

     4.4. The legitimacy of an artist's illness or disorders.

5. Asks that include links or visuals of accessible mature contents will be edited to remove them. Links and visuals will be saved in our archives.

6. Vents with "🏴" included will have replies deleted from. Feel free to add at own's discretion.

7. Vents are often dramatized. Never take them at face's value. Use common sense.

[BEWARE RULES]

1. While we do allow bewares, we also recommend users to direct their bewares to Artists Beware as well!

2. Bewares are meant to bring awareness to harmful actions an artist has done. Below are bewares we allow about, which are:

2.1. Undelivered commissions, impersonation, fraudulent chargebacks and other scam-related misdeeds.

2.2. Sexual abuse, child abuse, doxxing, threats and other forms of harassments and abusive behaviors.

2.3. Art theft, character theft, and other similar form of thefts will be considered from case-to-case.

3. Links and/or video of the screenshots are needed to be considered valid. Screenshots alone are not viable.

4. From 22 Oct 2023, bewares sent to us will be modified by the mods. This is to allow a more coherrent text to read through for our bewares.

[TAGS MASTERLIST]

More tags will be added accordingly with the corresponding asks sent.

♤ GENERAL TAGS

The most commonly used tags, which include:

#vents

#bewares

#positivity

♤ OFF-TOPIC TAGS

Tags meant for everything else that don't qualify as a vent, such as:

#off-topics

#announcements

#promos

♤ PLATFORM TAGS

Platform tags are listed alphabetically, as such:

#general

#amino

#deviantart

#gumroad

#neopets

#picrew

#toyhouse

#twitter

#youtube

♤ USER SPECIFIC TAGS

Tags for specific user will be tagged based on their earliest known handle, and the site their account is hosted on, for examples:

#butchhartman (tumblr)

#butchhartman (tiktok)

[starlitwishes]

((So an update on the maids stuff…))

((They sent us a “How’d we do? 😊” email that we responded to demanding a refund, and they quickly refused the refund despite the pictures. Insisting that the team worked “so hard” and “even stayed overtime” when they were over maybe like, five minutes. They apparently don’t clean walls and ceilings ever, but that only makes me skeptical of them “working really hard” then, because they failed to clean so much!))

((Also why’d you send the “How did we do” email if you weren’t going to like the fact we think you did a piss poor job.))

((They just, Uggghhhhh))

((The only decent news is that our landlady found a service that’s only 200 dollars so hopefully that’s all she’ll take from our security deposit))

((We are going to keep fighting the maids we hired but yeah. We might try to get a chargeback if they keep denying us our refund.))

((This is so annoying…))

[otiskeene]

Top 5 Fraud Detection Software Of 2023

Detecting fraud is much like a game of hide-and-seek—businesses are the seekers and fraudsters are the hiders, skillfully concealing their tracks. Spotting these fraudulent activities requires sharp attention to detail and the ability to follow clues.

However, today’s fraudsters are adaptable, blending into digital landscapes like chameleons. To stay ahead, businesses need Fraud Detection Software, a solution that safeguards data, transactions, and company assets by identifying high-risk activities. The top Fraud Detection Software monitors behavior patterns and calculates risk to stop fraud before it happens.

How do you choose the right software? Let us guide you through the Top 5 Fraud Detection Software of 2023, highlighting their features and benefits to make your decision easier.

Top 5 Fraud Detection Software of 2023

Fraud Detection Software plays a crucial role in managing fraud risks for businesses. Here are the top 5 fraud detection tools available this year:

1. Eye4Fraud

Eye4Fraud specializes in Ecommerce fraud prevention. Its system monitors incoming orders and ensures they are genuine. With a mix of advanced software and manual reviews, Eye4Fraud helps businesses avoid fraudulent transactions while improving their sales efficiency.

2. NoFraud

NoFraud offers real-time fraud detection using AI-powered algorithms to assess every transaction. It eliminates chargeback losses and enhances the checkout experience for trustworthy customers. Plus, NoFraud provides a financial guarantee, offering peace of mind in the fight against fraud.

3. SEON Fraud Fighters

SEON equips businesses with behavior analytics and real-time monitoring, offering flexibility with its API integration. SEON’s fraud detection capabilities help companies create custom rules to identify risky transactions and block fraud attempts effectively.

4. DataDome

DataDome offers bot protection and fraud prevention for online platforms, including websites and apps. Its AI-driven analysis allows for real-time fraud detection, ensuring businesses are shielded from identity theft, fake accounts and card fraud.

5. Riskified

Riskified uses machine learning to analyze and optimize transactions. Trusted by brands like Wish and Gymshark, Riskified helps businesses manage risk, increase order approvals and prevent chargebacks, making it an essential tool for fraud detection.

Wrap-Up:

In 2023, Fraud Detection Software is essential for any business that wants to stay protected against fraudsters. These tools offer advanced monitoring and risk analysis, helping you keep your business safe from fraudulent activities. With the top 5 software options, you’re ready to tackle fraud head-on!

[lucidpayments]

New Agreement Caps Interchange Fees for Some Small Businesses in Canada

As we’ve been saying since we started in this industry, Canadian businesses are paying way too much when it comes to interchange fees.

But an agreement between the feds, Visa, and Mastercard, which just came into effect last week, may be able to provide some relief, at least for some small businesses.

Truth be told, the Canadian government has been talking about regulating interchange fees for years now, but until recently, it didn’t seem like they were going to do anything about it.

We’ve been covering this specific story for about two years now, but our current federal government started talking about it way back in 2019, when the Liberals began leveraging this issue as part of their election campaign.

Back in 2022, we published our first article on this, which asked, Is the Canadian Government Really Going to Regulate Interchange Fees?

At the time, things were still very uncertain, and whether the government planned to actually bring in regulations was anyone’s guess.

But if you’d like some background on this story, that article is a good place to start.

Then, last year, after the government announced it had reached an agreement with Visa and Mastercard, we published a second piece on this story, Feds Finally Reach Deal With Visa and Mastercard to Lower Interchange Fees for Small Businesses in Canada.

This article goes into great detail on the ongoing fight to lower interchange fees in Canada and sums up the terms of the agreement, so if you want to know more about how this story has been unfolding, you should check it out, as well.

In any case, now that this agreement has come into effect, we want to make sure you’re aware of what’s happening and offer our take on it, as well.

So, if you want to learn more about these changes to interchange fees in Canada and get our honest opinion on what this actually means for your business, then you’re going to want to keep reading.

How Does This Agreement Affect Interchange Fees In Canada?

Earlier this month, the government published a press release outlining what it’s supposedly doing to help small businesses in Canada, including capping interchange fees for eligible businesses.

“The federal government is making life easier for locally owned businesses by introducing reduced credit card transaction fees,” said Minister of Public Services and Procurement Canada, Jean-Yves Duclos.

But how exactly is this going to work?

Well, according to the feds, as a result of these changes, over 90% of small- and medium-sized Canadian businesses will see their interchange fees slashed by up to 27%, and this is projected to save small businesses about $1 billion over the next five years.

With that in mind, here’s what Visa and Mastercard will be doing for eligible businesses as a result of this agreement:

Reducing domestic consumer credit interchange fees for in-store transactions to an annual weighted average interchange rate of 0.95%

Lowering domestic consumer credit interchange fees for online transactions by 10 basis points, offering reductions of up to 7%

Providing free access to “cybersecurity and online fraud resources” to help small businesses sell more online, while preventing fraud and chargebacks

However, only businesses and non-profits with annual Visa sales of less than $300,000 will qualify for lower interchange rates from Visa, and only those with annual Mastercard sales of less than $175,000 will qualify for lower rates from Mastercard.

It’s also important to point out that organizations will have to qualify with each credit card network individually.

The government even provided an example of how this could help, saying that if a business processes $300,000 in credit card payments, it could save $1,080 in interchange fees.

But is this an accurate representation of the interchange fees Canadian small businesses pay?

And is this agreement as good as the government’s making it out to be?

Let’s take a closer look and find out.

Our Take on These Changes to Interchange Fees in Canada

As we said in our last article on this, it’s great to know that small businesses in Canada may end up seeing some relief from the insanely high interchange fees they’ve been paying.

It would have been nice to see these fees reduced even further, but going from an average interchange rate of 1.4% down to 0.95% is nothing to scoff at either.

However, when it comes to this agreement, and this latest announcement, there’s a lot to criticize.

For one thing, the government’s being very disingenuous with its example of the interchange fees a business would supposedly pay.

In its latest press release, the government claims that if a business in Canada processes $300,000 in credit card payments, they’ll pay about $4,000 in interchange fees.

But we did the math on this, and they are really lowballing it.

Because in order to pay only $4,000 in fees on $300,000, the cards you’re processing would have to have a rate of no more than 1.33%, which is pretty much unheard of.

To put things in perspective, if you were to calculate the interchange fees paid on that same amount through Square, which charges rates of at least 2.65%, and is the processor of choice for many small businesses in Canada, it would come to $7,950, which is nearly twice as much as the government’s estimate.

What’s more, even though the government has published several press releases on this agreement, we’re still left with many unanswered questions.

For instance, while the government keeps talking about how businesses will have to qualify with each card network, there’s been no indication of how they can do that, either from the feds or the credit card companies themselves.

So, even as these new changes have come into effect, it’s yet to be seen how businesses will be able to qualify.

Moreover, neither the government nor the credit card companies have given any indication as to where businesses can access the free “cybersecurity and online fraud resources” they’ve committed to provide.

Furthermore, as we’ve learned over the years, many small businesses in Canada are with payment processors outside of Canada, but because this agreement was made solely between the Canadian government, Visa, and Mastercard, there’s no reason to think that these changes will apply to foreign payment processors.

As we outlined above, these reductions are only for “domestic consumer credit interchange fees”, so we can only assume that this applies to Canadian payment processors only.

As a result, many small businesses in Canada will never see these rate reductions, not least because this agreement doesn’t apply to their processors.

Also, in a press release on this agreement published last year, the government said it expects “that payment processors will pass these reductions on to small businesses.”

But if you know anything about our industry, you’d know that many payment processors are notorious for refusing to pass interchange rate reductions on to their customers, instead choosing to obscure these savings by padding people’s bills with miscellaneous fees.

Moreover, the payment processors and the banks are not part of this agreement with the government, so they can continue to do whatever they want, and they will.

Sadly, all of this shows just how out of touch our federal government is with the frustrations of small business owners in this country.

And as far as we’re concerned, this agreement is much too convoluted, it leaves way too many questions unanswered, and it doesn’t go nearly far enough, as it’s not applicable to so many small businesses in Canada.

Unfortunately, there’s nothing we can do to stop the government from being so unclear about this.

But we will continue to cover this ongoing story, making you aware of any new updates, and breaking it down as best we can to help you gain greater clarity on your payment processing.

Are you tired of paying so much for payment processing? Schedule a Rate Reduction Review to see how much you can save with Lucid Payments, or contact us today to learn more.

[boldcompanynews]

Kombatix Launches Shopify App to Protect Merchants from Friendly Fraud and Refund Abuse - Information Global Web - BLOGGER https://www.merchant-business.com/kombatix-launches-shopify-app-to-protect-merchants-from-friendly-fraud-and-refund-abuse/?feed_id=158076&_unique_id=66b38bfa48c66 Boise, ID, August 07, 2024 –(PR.com)– Kombatix announces the launch of its new Shopify app integration. The app empowers online merchants to fight back against friendly fraud and refund abuse, retain revenue, and improve dispute deflection success rates – all without incurring excessive fees and charges typically associated with dispute and chargeback management.Friendly fraud, where customers falsely claim a legitimate transaction is fraudulent or unauthorized, is a major challenge for online merchants. Friendly Fraud is estimated to have cost online merchants $40 Billion last year. Kombatix’s Shopify app provides a powerful, yet simple solution to address these issues.The Kombatix Shopify app provides merchants with:Immediate Dispute Deflection: When a fraudster contacts the merchant to make their false dispute, the Kombatix app can immediately determine if the transaction details are a match to the disputing customer – indicating a legitimate purchase.Dispute Deflection Tools: a PDF report is generated and the account noted with the results of the dispute. This can be provided to a bank in the event of a chargeback as representment evidence.AI Powered Data-Driven Insights: Customer and Transaction data is run against a massive fraud network in real time, and the results are run through an AI model to determine friendly fraud vs true fraud.Seamless Integration: Easily integrate the app into your existing Shopify store with just a few clicks.Works with your Existing Fraud Ecosystem: Kombatix fits perfectly between pre-auth solutions like Kount.com, and dispute management products like Ethoca.com.“Friendly fraud and refund abuse are costing merchants billions of dollars each year,” said Thomas Fitzgerald, Manager at Kombatix. “Our Shopify app gives merchants the tools they need to fight back, retain their revenue, and protect their businesses.”To learn more about the Kombatix Shopify app, visit https://kombatix.io/shop-app or log into your Shopify account and install it here from the marketplace. http://109.70.148.72/~merchant29/6network/wp-content/uploads/2024/08/pexels-photo.jpg #GLOBAL - BLOGGER Boise, ID, August 07, 2024 –(PR.com... BLOGGER - #GLOBAL

[thdramas2]

Gotta agree with the anon about the weird normalization of artists getting away w unprofessionalism. I am 100% down with waiting especially if artists provide general turn around time expectancies and communicate if issues arise, but as someone who used to be a paid artist, your customers should be a priority. Commissions are a service and if you’re paid to do them you need to make good on it or the buyer is completely within their rights to a refund. This weird shaming people for chargebacks etc when the artist is in the wrong is annoying and I remember even sparking a fight over it with an ex-friend. People paying you don’t owe you saintly patience when you fail to meet deadlines or ghost the client. It’s extremely spoiled and entitled to think otherwise. If you can’t meet your own deadlines and promises or “can’t handle it due to mental health” then you should not be taking commissions. End of story.

/

[onlinecompanynews]

Kombatix Launches Shopify App to Protect Merchants from Friendly Fraud and Refund Abuse - Information Global Web https://www.merchant-business.com/kombatix-launches-shopify-app-to-protect-merchants-from-friendly-fraud-and-refund-abuse/?feed_id=158074&_unique_id=66b38ad496552 Boise, ID, August 07, 2024 –(PR.com... BLOGGER - #GLOBAL Boise, ID, August 07, 2024 –(PR.com)– Kombatix announces the launch of its new Shopify app integration. The app empowers online merchants to fight back against friendly fraud and refund abuse, retain revenue, and improve dispute deflection success rates – all without incurring excessive fees and charges typically associated with dispute and chargeback management.Friendly fraud, where customers falsely claim a legitimate transaction is fraudulent or unauthorized, is a major challenge for online merchants. Friendly Fraud is estimated to have cost online merchants $40 Billion last year. Kombatix’s Shopify app provides a powerful, yet simple solution to address these issues.The Kombatix Shopify app provides merchants with:Immediate Dispute Deflection: When a fraudster contacts the merchant to make their false dispute, the Kombatix app can immediately determine if the transaction details are a match to the disputing customer – indicating a legitimate purchase.Dispute Deflection Tools: a PDF report is generated and the account noted with the results of the dispute. This can be provided to a bank in the event of a chargeback as representment evidence.AI Powered Data-Driven Insights: Customer and Transaction data is run against a massive fraud network in real time, and the results are run through an AI model to determine friendly fraud vs true fraud.Seamless Integration: Easily integrate the app into your existing Shopify store with just a few clicks.Works with your Existing Fraud Ecosystem: Kombatix fits perfectly between pre-auth solutions like Kount.com, and dispute management products like Ethoca.com.“Friendly fraud and refund abuse are costing merchants billions of dollars each year,” said Thomas Fitzgerald, Manager at Kombatix. “Our Shopify app gives merchants the tools they need to fight back, retain their revenue, and protect their businesses.”To learn more about the Kombatix Shopify app, visit https://kombatix.io/shop-app or log into your Shopify account and install it here from the marketplace. http://109.70.148.72/~merchant29/6network/wp-content/uploads/2024/08/pexels-photo.jpg #GLOBAL - BLOGGER Boise, ID, August 07, 2024 –(PR.com)– Kombatix announces the launch of its new Shopify app integration. The app empowers online merchants to fight back against friendly fraud and refund abuse, retain revenue, and improve dispute deflection success rates – all without incurring excessive fees and charges typically associated with dispute and chargeback management. Friendly fraud, where … Read More

[internetcompanynews]

Kombatix Launches Shopify App to Protect Merchants from Friendly Fraud and Refund Abuse - Information Global Web - BLOGGER https://www.merchant-business.com/kombatix-launches-shopify-app-to-protect-merchants-from-friendly-fraud-and-refund-abuse/?feed_id=158073&_unique_id=66b38ad35cb92 Boise, ID, August 07, 2024 –(PR.com)– Kombatix announces the launch of its new Shopify app integration. The app empowers online merchants to fight back against friendly fraud and refund abuse, retain revenue, and improve dispute deflection success rates – all without incurring excessive fees and charges typically associated with dispute and chargeback management.Friendly fraud, where customers falsely claim a legitimate transaction is fraudulent or unauthorized, is a major challenge for online merchants. Friendly Fraud is estimated to have cost online merchants $40 Billion last year. Kombatix’s Shopify app provides a powerful, yet simple solution to address these issues.The Kombatix Shopify app provides merchants with:Immediate Dispute Deflection: When a fraudster contacts the merchant to make their false dispute, the Kombatix app can immediately determine if the transaction details are a match to the disputing customer – indicating a legitimate purchase.Dispute Deflection Tools: a PDF report is generated and the account noted with the results of the dispute. This can be provided to a bank in the event of a chargeback as representment evidence.AI Powered Data-Driven Insights: Customer and Transaction data is run against a massive fraud network in real time, and the results are run through an AI model to determine friendly fraud vs true fraud.Seamless Integration: Easily integrate the app into your existing Shopify store with just a few clicks.Works with your Existing Fraud Ecosystem: Kombatix fits perfectly between pre-auth solutions like Kount.com, and dispute management products like Ethoca.com.“Friendly fraud and refund abuse are costing merchants billions of dollars each year,” said Thomas Fitzgerald, Manager at Kombatix. “Our Shopify app gives merchants the tools they need to fight back, retain their revenue, and protect their businesses.”To learn more about the Kombatix Shopify app, visit https://kombatix.io/shop-app or log into your Shopify account and install it here from the marketplace. http://109.70.148.72/~merchant29/6network/wp-content/uploads/2024/08/pexels-photo.jpg Kombatix Launches Shopify App to Protect Merchants from Friendly Fraud and Refund Abuse - Information Global Web - #GLOBAL BLOGGER - #GLOBAL

[marketrocksscam]

Beware of MarketRocks.com: Unveiling the Forex Scam

MarketRocks.com — the name might sound promising, but behind the façade lies a web of deceit and financial exploitation. As potential investors, it’s crucial to scrutinize platforms like MarketRocks.com before even contemplating investment. Here’s why.

Unregulated Territory: A Red Flag Waving High

One glance at MarketRocks.com’s website reveals a glaring absence — regulatory compliance. This absence isn’t a mere oversight; it’s a deliberate evasion of oversight that should set off alarm bells for any discerning investor. Without regulatory oversight, your investments are essentially dangling on a thread, vulnerable to manipulation and exploitation.

The Modus Operandi: How the Scam Unfolds

The playbook of unregulated forex brokers like MarketRocks.com is distressingly predictable. They lure unsuspecting victims with promises of effortless wealth and unbeatable returns. From doubling initial deposits to extravagant daily profit projections, their pitches are as seductive as they are deceitful.

Once hooked, clients are handed over to the retention agents — the masterminds behind the scheme. These agents employ every tactic in the book to extract more funds from their victims, pushing them deeper into the abyss of financial ruin.

The Withdrawal Mirage: Chasing Shadows

For those wise enough to attempt a withdrawal, the nightmare intensifies. MarketRocks.com employs delay tactics, stretching the withdrawal process for months on end. By the time clients realize the futility of their efforts, it’s often too late — their funds are irretrievably lost in the labyrinth of scamming.

Reclaiming Your Stolen Funds: A Battle Worth Fighting

If you find yourself ensnared in MarketRocks.com’s web, all hope is not lost. Initiating a chargeback through your bank or credit card provider is a potent weapon against such scams. Document every interaction, every request for withdrawal denied, and present a compelling case to reclaim your funds.

For those who fell victim to wire transfers, the battle is tougher but not insurmountable. Threatening to escalate the matter to authorities and regulatory agencies can compel MarketRocks.com to reconsider refunding your money.

Exposing the Scam: Your Voice Matters

Your experience could spare others from a similar fate. Leave scathing reviews on platforms like Trustpilot or Forex forums, detailing your ordeal with MarketRocks.com. By shedding light on their nefarious practices, you not only seek justice for yourself but also shield potential victims from falling into the same trap.

Stay Vigilant, Stay Safe

In the murky waters of online investing, vigilance is your greatest ally. MarketRocks.com might seem like a promising venture, but beneath the surface lurks a perilous scam. Arm yourself with knowledge, question the legitimacy of every platform, and together, we can thwart the schemes of fraudsters like MarketRocks.com.

[9jaboizgistworld-blog]

5 Sneaky Ways to Lower Merchant Credit Card Processing Fees

Let's face it, accepting credit cards is a must for most businesses today. Customers expect the convenience of swiping or tapping and refusing can put you at a competitive disadvantage. But those fees – interchange rates, monthly statements, PCI compliance – add up quickly. Wouldn't it be great to have more money left over at the end of the month? Well, fret no further! Here at BestCreditCards3.com, we've combed through the fine print and identified five sneaky ways to lower your merchant credit card processing fees. By implementing these strategies, you can keep more money in your pocket and ensure your business thrives.

5 Sneaky Ways to Lower Your Merchant Credit Card Processing Fees

1. Negotiate, Negotiate, Negotiate! This might seem obvious, but many businesses simply accept the rates their processor offer. Don't be that person! Remember, credit card processors are in business to make money, but they're also competing for your business. So, leverage that! Here's how to negotiate like a pro: - Gather your ammo: Before you approach your processor, review your past statements. Analyze your processing volume, average transaction size, and types of cards accepted. This data shows your value as a customer and strengthens your bargaining position. - Do your research: Get quotes from other processors to understand the current market rates. This knowledge empowers you to negotiate for a more competitive fee structure. - Be confident: Approach the negotiation with a positive and firm attitude. Highlight your on-time payments, low chargeback rate, and strong business growth. Emphasize that a lower rate benefits both parties in the long run. Real-life example: John, who owns a local bakery, saw his processing fees climbing steadily. He reviewed his statements, researched competitor rates, and then contacted his processor. Armed with data, John confidently negotiated a lower interchange rate, saving his bakery thousands of dollars annually. 2. Fight Fraud & Chargebacks Credit card fraud and chargebacks are a double whammy for businesses. Not only do you lose the sale, but you also get hit with hefty fees. Reducing these occurrences can significantly impact your processing costs. Here's how to become a fraud-fighting champion: - Embrace EMV chip technology: EMV chip cards offer advanced security features that make them more resistant to fraud compared to traditional magnetic stripe cards. - Verify billing addresses: Implement address verification services (AVS) to confirm that the billing address on the card matches the customer's address on file. - Implement clear return policies: Having a transparent return policy reduces customer disputes and minimizes the likelihood of chargebacks. - Invest in fraud prevention tools: Consider additional fraud prevention software that analyzes transactions for suspicious activity. Remember: By actively combating fraud and chargebacks, you not only save money on fees but also build customer trust. 3. Get Crafty with Transaction Types Did you know that different types of transactions can incur different fees? Understanding these distinctions can help you optimize your processing strategy. Here are some ways to get crafty with transaction types: - Promote non-card payments: Encourage customers to use alternative payment methods like ACH bank transfers, which typically come with lower processing fees. - Offer incentives for larger transactions: Consider discounts or rewards for customers who make larger purchases, reducing the number of smaller, high-fee transactions. - Separate in-person and online transactions: Some processors offer lower rates for online transactions compared to in-person swiped transactions. Analyze your data and see if segregating these transactions benefits your business. By being strategic about transaction types, you can unlock hidden savings within your processing fees. 4. Renegotiate Regularly (Yes, We Mean Regularly!) Don't think of negotiating as a one-time event. The processing landscape is constantly evolving, and new offers emerge frequently. Here's the secret: renegotiate your rates regularly. Here's how to stay on top of your fees: - Schedule annual reviews: Set a calendar reminder to review your processing statement and fees at least once a year. This allows you to identify any hidden charges or rate increases and take action if necessary. - Monitor industry trends: Stay informed about changes in the credit card processing industry. New regulations or network fee adjustments might impact your rates. Being knowledgeable empowers you to renegotiate from a position of strength. - Be prepared to walk away: If your current processor isn't willing to budge on fees, be prepared to explore other options. Don't be afraid to leverage competitor quotes to get a better deal. Remember, a little legwork each year can translate to significant savings on your merchant credit card processing fees. 5. Embrace Transparency: Offer Cash Discounts (Carefully) This strategy can be a double-edged sword, so let's be upfront. Offering a cash discount incentivizes customers to pay with cash, bypassing credit card fees altogether. However, it's crucial to implement this tactic carefully. Here's how to make cash discounts work for you: - Keep the discount small: A small discount, typically 1-3%, minimizes the impact on your revenue while still encouraging cash use. - Be transparent: Clearly display signage informing customers about the cash discount and the reason behind it (e.g., "Save 2% by paying with cash!"). - Comply with regulations: Check local regulations regarding cash discounting. Some states have restrictions on how merchants can advertise or implement cash discounts. By offering a well-communicated cash discount, you can nudge customers towards cash payments, reducing your reliance on credit cards and their associated fees.

FAQs

Is it worth negotiating credit card processing fees?  Absolutely! Even a small reduction in fees can translate to significant savings over time. How often should I renegotiate my processing fees?  At least once a year. Regularly reviewing your fees ensures you're getting the best possible rate. Are there any downsides to offering a cash discount?  A potential downside is that some customers might perceive a cash discount as a negative reflection on your business's legitimacy. Ensure clear communication to avoid this. Can I negotiate fees with any credit card processor? While negotiation is always possible, it's more likely to be successful with larger processors that handle higher transaction volumes. Smaller processors might have less flexibility in their fee structures. What if my credit card processor isn't budging on fees? If your current processor isn't willing to negotiate, don't be discouraged. Here are some next steps: - Get quotes from other processors: Comparison shopping is key! Reach out to other processors and obtain quotes for their rates. Use these quotes as leverage when renegotiating with your current provider. - Highlight your value as a customer: Emphasize your on-time payments, low chargeback rate, and business growth potential. Processors are more likely to offer competitive rates to retain valuable customers. - Consider switching processors: If your current processor remains inflexible, it might be time to explore other options. There are many reputable processors in the market, so don't hesitate to make the switch if it benefits your business. What are some additional tips for reducing credit card processing fees? - Process transactions in batches: Some processors offer lower rates for transactions that are batched together for processing at the end of the day. - Focus on high-volume cards: Negotiate lower rates for processing fees on cards you accept most frequently. - Beware of hidden fees: Read your processing statements carefully and watch out for hidden fees like monthly statements, PCI compliance fees, or early termination charges.

Conclusion

Feeling empowered? You should be! By incorporating these five sneaky ways to lower your merchant credit card processing fees, you can take back control of your finances and keep more money flowing into your business. Remember, knowledge is power. The more you understand about processing fees and negotiation strategies, the better equipped you are to optimize your costs. So, don't let credit card fees be a silent thief! Take action today, implement these strategies, and watch your profits soar! Read the full article