Merchants: Communicate With Chargeback Consumers
Posted by Global Risk Technologies™
When an unauthorised transaction has taken place, many consumers go directly to their bank to report it, rather than the online retailer. This begins a costly chargeback process that often means the retailer loses the value of the goods sold, the up-front cost of reimbursing the customer for the items they didn’t legitimately…
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Retail Fraud: Majority of Chargebacks are Fraudulently Placed
Posted by Global Risk Technologies™
Retail Fraud: Majority of chargebacks are fraudulently placed Retail Fraud, the ‘Number One retail fraud & loss prevention resource in Europe’ reports on the release of a new white paper from Global Risk Technologies™, Europe’s firstchargeback remediation specialist. The educational white paper is designed to help merchants equip themselves to tackle the rising problem…
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Fraud: The Enemy in Disguise
Posted by Global Risk Technologies™
Fraud is on the rise, and like many trends gaining popularity by the day, we must work together to ensure it doesn’t stay. Fraud, both in concept and in legal terms, is an act of deceit and misrepresentation, and affects millions of people each year. Many fraud cases are never reported and therefore…
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How Merchants Can Identify Suspicious Transactions
Posted by Global Risk Technologies™
How Merchants Can Identify Suspicious Transactions Sales staff in any company should be aware of signs in regards to customer behavior. Noticing a customer who shows signs of hesitation or may even seem uncertain when presenting their personal information, for example ones zip code or the spelling of a home address. Many times,…
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Preventing Chargebacks by Enhancing Customer Service
Posted by Global Risk Technologies™
Preventing Chargebacks by Enhancing Customer Service Taking time to communicate with your customers will not only relieve stress to oneself and the client, but as well improve future sales. Customer service is usually a positive outcome every time because merchants that seem to be genuine usually win more than lose. If customers feel…
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Global Risk Technologies™ Fuels Growth with Expansion into Ireland
Posted by Global Risk Technologies™
Source Global Risk Technologies™ announces its expansion into Dublin, Ireland to further assist merchants with chargeback processing and risk reduction in regards to ecommerce transactions. TAMPA BAY, Fla., July 29, 2014 /PRNewswire-iReach/ — Global Risk Technologies™, the holding company for payment processing solutions such as Chargebacks911 and eConsumerServices that provide chargeback processing, risk…
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Chargebacks911 Makes Risky Claim
Posted by Global Risk Technologies™
Chargebacks911 Makes Risky Claim That Goes Against the Thoughts of Leading Institutions and Credit Card processors… When it comes to fraud, friendly fraud is known to be number one for online shopping. The increase in popularity has greatly hindered Merchants who would otherwise prosper in their business ventures. Friendly Fraud is caused by…
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Outsourcing A Solution
Posted by Global Risk Technologies™
Outsourcing A Solution Statistics show only 1% of online businesses stay in business past two years. The prices alone to run a business can put a merchant into serious financial risk. One price in particular which merchants have been adding to their already gr owing fees over the years is friendly fraud chargebacks.…
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