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You have an e-commerce business, right? So you’ve рrоbаblу seen marketing miѕtаkеѕ that dеѕtrоу a рrоduсt’ѕ appeal and ѕеnd returns and chargebacks flying.Hеrе’ѕ to уоur ѕuссеѕѕ! Call +1 855-465-4723

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How to Win a Chargeback Dispute?

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An Essential Updates to E-commerce News to Prevent Cybercrime and Chargebacks

E-commerce can utilize technology to prevent cybercrimes. Here are some features that a business can adopt to keep the business safe from hackers.

Many businesses have to fight Cyber Crimes on a daily basis; there is no organization which is immune to Cyber Crimes. Just like any regular crime, criminals known as hackers steal your vital information and valuables when you are not paying attention. There is a rise in E-commerce and online technology, more and more companies are using the internet to do business. You probably will need a website to sell products and a merchant account as the bridge for money transfer. If security is not checked on a regular basis, you may face chargebacks or fraudulent transactions.

If you are selling products, then there may be critical financial data stored on your server. Websites help businesses to keep a record of various documents & statistics, but this data also attract cybercriminals. In simple terms, these people want to launch an attack on your website to steal data, but fortunately, there are many ways to keep hackers away from your Website. This is why e-commerce businesses have to utilize technology to prevent cybercrimes! Here is how.

Keep Data Encrypted

Data that is on company’s server and customer’s page should be encrypted to avoid phishing attack. An SSL (Secure Socket Layer) is the best option to keep customers’ personal information safe. A secure SSL on a business website indicates that website is authentic. Many corporations and search engines use SSL certificate on websites. It reduces the number of fraudulent purchases and protects card information on the website.

A Strong Password

It is the responsibility of your business to inform customers to use strong passwords. Your website can inform customers to include numbers and symbols in passwords. Long Login details are not easy to crack and criminals will find it hard to get your personal information.

Don’t store confidential information

It is risky to store too much information on the server, it can lure hackers from around the world. E-commerce should store little information about current events and then get rid of it as soon as possible. For some businesses, storing information is prohibited, especially credit card information. As per PCI security standard council, there are penalties for business owners who fail to follow guidelines.

Use Firewall Security

Viruses can destroy your business, you can install a strong firewall to stay safe. A firewall is a layer on your network that sends alerts when there is a suspicious activity on your server. To avoid getting these, merchants have to integrate firewalls on customer’s login area, search queries, and contact form.

DDoS protection service

There has been an increase in the number of DDoS attacks in the last five years. It is better to utilize technology to counter this problem, merchants can turn towards cloud-based DDoS protection to handle it. Using latest technology will eliminate the need to invest in new equipment to fight the DDoS attack.

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Chargeback Expertz provides services like chargeback alerts which act as a notification prior to a Chargeback. To know more, call us anytime at the toll-free number i.e. +1 855-465-4723 or visit chargebackexpertz.com for the same.

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Chargeback Expertz service station gives you and a wide variety of chargeback services. Take the benefits and swim in a pool of profits.

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Mouse Trap Of Friendly Fraud

Yes, merchants’ goes through the friendly fraud and It’s a friendly trap, same which humans do for the mouse. Chargeback fraud, also known as friendly fraud, occurs when a consumer makes an online shopping purchase with their own credit card and then requests a chargeback from the issuing bank after receiving the purchased goods or services.

Friendly Fraud:

Friendly fraud occurs when a customer files a chargeback instead of trying to first get a refund from the merchant. Authorized cardholders dispute legitimate charges to their credit cards, pushing the bank to force a refund under the pretense that the merchant made an error.

Other consumers intentionally abuse loopholes in the chargeback rules. These cyber shoplifters are maliciously attempting to get something for free, tear you off in the process.

How To Avoid Them.

1.Trust building:

A merchant should always interact with his customers and keep building faith and trust of the customer.

2.Trace the sale and follow-up:

A merchant needs to trace the sale all the way through the payment to delivery and make nothing goes wrong in the process. Merchants need to keep track of when, where and how deliveries occur. Getting a delivery signature also helps combat friendly fraud, because you gain proof, which can decrease the losses and increase profits.

3.Notify customers:

When you process their order, and also before and after processing recurring payments. If there is a delay between an order being placed and a card being charged, it is best to send a reminder to the customer about what they’re being charged for. This is especially true with recurring payments done for subscriptions, as customer tends to forget and unknowingly disputes the transaction.

4.Professionals Help:

All in all, there is a work in which everyone specializes. Professionals should be hired who knows in and out of the chargebacks and policies regarding various businesses. They clearly specialize in avoiding, fighting and reducing chargebacks.

Chargeback Expertz

ChargebackExpertz gives a full-fledged platform where chargebacks are just dust, through the chargebacks in thrash. Know more what are chargebacks PHONE: +1 855-465-4723 or mail us at EMAIL: app@chargebackexpertz.com

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Are You Looking For Solutions Friendly Fraud Chargebacks- Chargeback Expertz

Friendly fraud sees a cardholder file a chargeback against a transaction made on their account. Consider Chargeback Expertz this is a leading company that helps businesses to prevent chargebacks.

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