Managing chargebacks has become even more critical to businesses these days, given the global pandemic situation and the uncertainty that has come with it. That’s why we’ve chosen to partner with the industry leader in chargeback mitigation, Chargebacks911
TAMPA BAY, Fla. (PRWEB) May 26, 2020
PayCertify, a leading online payment processor for the eCommerce, healthcare and hospitality sectors, today announced its partnership with dispute management specialist, Chargebacks911. The collaboration has been established to deliver a complete chargeback management and mitigation system for PayCertify. As such, its online merchants will benefit from assistance in preventing, managing and recovering lost revenue due to chargebacks.
Chase Harmer, CEO of PayCertify, commented: “Chargebacks are never a good thing for online merchants. They’re destructive, take valuable resources away from real business growth opportunities, and cost businesses millions every year.
“Managing chargebacks has become even more critical to businesses these days, given the global pandemic situation and the uncertainty that has come with it. That’s why we’ve chosen to partner with the industry leader in chargeback mitigation, Chargebacks911, to support our merchants and protect them from the financial losses resulting from chargebacks and issues with an order.”
PayCertify reached out to Chargebacks911 due to the end-to-end benefits of its merchant services. Even though chargeback services are often seen as a post-transaction process, appropriate management has positive effects on a transaction from the start of the payment process to the settlement. Chargebacks911 does so by using chargeback data to help merchants identify the main source of their chargebacks, enabling them to better understand fraud, errors in their own operations and consumer behavior.
Monica Eaton-Cardone, COO and Co-Founder of Chargebacks911, explained: “The complexities in the chargeback system often leave merchants throwing their hands in the air in frustration. However, when properly managed, chargebacks can be a great source of important information that can be used when growing a business.
“We’re perfectly placed to help PayCertify to better inform its merchants about chargebacks, to help them reduce losses and increase revenue – and we’re thrilled to be doing so.”
Reports also show that consumers who register a chargeback that goes unchallenged are 50% more likely to file another chargeback within 90 days. So, by helping to identify which disputes to challenge, Chargebacks911 will also help PayCertify’s merchants reduce future claims (and the associated costs).
Available immediately, chargeback management solutions include Visa Merchant Purchase Inquiry (VMPI), alerts and chargeback dispute resolution. For more information, you can or contact a PayCertify representative at https://paycertify.com/.
For more about using chargeback data insights to grow your business with Chargebacks911, go to: https://chargebacks911.com/.
PayCertify was founded in 2014 to protect merchants from fraud while reducing processing fees and increasing bottom-line profit up to 10%. PayCertify offers an all-in-one suite providing merchants a full service, front to back solution that merges fraud prevention of each transaction while stopping chargebacks in their tracks. With our robust platform, we also provide additional services such as CRM management, shopping cart integrations, and the ability to issue manage Virtual Credit Cards. These virtual cards can be used in any B2B model, pay vendors, affiliates, or buy media with instant cashback up to 2% - giving you free cash where there wasn’t before.
PayCertify's technology and services give users the optimal merchant processing experience and maximum protection from beginning to end on every transaction. We have filled a gap in the marketplace and have become a leader in the verticals of E-commerce, Healthcare, and Travel/Hospitality sectors. PayCertify understands merchants’ struggles and has created easy, user-friendly integration for world-leading shopping carts.
To find out more about PayCertify and how it can help you scale your business, you can check out our explainer video (https://www.youtube.com/watch?v=1yz2W2JU0DM) or visit us at https://paycertify.com/.
Founded in 2011, Chargebacks911 is the first global company fully dedicated to mitigating chargeback risk and eliminating chargeback fraud. Its comprehensive and highly scalable solutions – such as Intelligence Source Detection™ (ISD) and Tactical Representment – provide chargeback compliance, handling services and fraud strategy management, working to uncover the true source of chargebacks; battle unjustified disputes; rescue lost revenue; safeguard reputations, and defend against relentless cyberthreats.
As an industry-leading innovator, Chargebacks911 is credited with developing the most effective strategies for helping businesses maximize revenue and reduce loss in a variety of industries and sectors within the payments space. The company’s unparalleled expertise and proprietary technology has earned four consecutive CNP Customer Choice Awards for Best Chargeback Management Solution, three successive AI Lions’ Den Awards for Best Airline Industry Solution, Gold and Silver Stevie Awards from the American Business Awards (ABA), Most Innovative Retail, PSP or Acquiring Solution at the 2019 EPAwards, and more recently was named Best Technical & Service Provider Organisation at the 2020 MPE Awards.