ONLINE (PRWEB) December 18, 2015
ONLINE – Internet marketing service provider E-Commerce 4 Internet Marketers is introducing a new service to its existing repertoire – chargeback mitigation. With direct access to cardholder-confirmed fraud data, these chargeback tools will help online merchants stop the fulfillment of fraudulent orders, screen orders to identify future or repeat fraud, and the option of refunding certain sales and updating the card holder bank of the refund to actually prevent a chargeback before it happens.
Chargebacks are a constant problem for e-commerce merchants and were once thought of as just a cost of doing business online. Chargebacks can occur due to fraud, such as identity theft, or through “buyer’s remorse” with customers disputing charges. As more consumers are shopping online and sales are growing, so is the issue of chargebacks. And with the recent shift to the EMV chip technology in credit cards, it’s estimated that card-not-present online shopping will take on more of the credit card fraud charges.
The U.S. Commerce Department reports that e-commerce sales have grown dramatically over the last several years, from $144 billion in 2009 to over $304 billion in 2014. With higher sales comes more fraud cases and increased chargebacks. Fraud and chargebacks are especially high around the holidays, a big spending time for consumers.
E-Commerce 4 Internet Marketers is now offering a chargeback service that works with merchant clients to prevent fraudulent chargebacks. It’s estimated by some that as much as 80% of chargebacks may be illegitimate and often customers will step around the merchant itself to file disputes directly with their card-issuing banks. These charges that are not the fault of the merchant can often be prevented now with the help of E-Commerce 4 Internet Marketers.
The chargeback assistance tools can catch fraudulent charges and notify the merchant within one hour of the charge being made. Merchants can then take immediate action to stop the fraud and thus avoid the chargeback. This eliminates weeks of funds being held up in fraud reports and increases security for the merchant’s customers.
The addition of the chargeback prevention service comes on the heels of E-Commerce’s revamped website. E-commerce4im.com has taken on a more modern, sleek look that makes finding information and services simple and user-friendly. Online merchants can browse through available products, gain access to important resources, especially for high risk merchants, and read blogs packed with helpful merchant and consumer information.
The new website design and new chargeback tool both lend to E-Commerce 4 Internet Marketer’s end goal to make it as easy and safe as possible for online merchants to sell their products.
About E-Commerce 4 Internet Marketers:
E-Commerce 4 Internet Marketers is an internet marketing service provider with the goal of making it easier for clients to the sell their products on the internet, particularly for those in high-risk verticals. With over 25 years of experience, the worldwide company specializes credit card processing, web marketing, web hosting, SSL certificates, internet marketing advice and helpful tools. E-commerce 4 Internet Marketers is a merchant services partner that clients can trust to look out for their best interest. For more information, visit http://ecommerce4im.com or call (844) 253-9769.