Understanding the Difference Between Fraud and Non-Fraud Chargebacks: A Guide for Ecommerce Professionals
Chargebacks lead to financial losses, strain your relationship with payment processors, and damage your reputation among customers. To manage these disputes effectively, merchants must first understand the difference between fraud and non-fraud chargebacks.
According to Juniper Research, these disputes cost merchants an estimated $125 billion globally in 2021, and these losses are projected to escalate to $206 billion by 2025.
To prevent further losses for your online brand, get this comprehensive guide, which breaks down the differences between the different types of chargebacks and offers practical, actionable insights to empower your business to thrive.