New Guide Helps Businesses Effectively Handle PayPal Disputes, Claims & Chargebacks to Protect Profits
Businesses that process e-commerce and other card-not-present transactions, including the over 17 million who use PayPal for payments, are quickly learning about the risks and realities of chargebacks. Chargeback Gurus has released a comprehensive guide to help these businesses effectively handle PayPal disputes, claims and chargebacks to protect profits.
DALLAS, Nov. 13, 2018 /PRNewswire-PRWeb/ -- Chargeback Gurus, an industry leader in chargeback and fraud mitigation services, has released A Merchant's Guide to PayPal Chargebacks. This guide helps businesses that process e-commerce and other card-not-present transactions—including the over 17 million who use PayPal for payments—better understand the risks and realities of chargebacks and how to handle them most effectively. Chargebacks not only equate to billions in lost sales every year, but when you factor in the cost to manufacture, market and ship the product, and the potential damage to merchant accounts, they could mean financial losses of 2.5 times the original transaction value.
The guide covers PayPal transaction issues (disputes, claims and chargebacks), how to fight and win them, and what options merchants have to protect their business and profits. It also addresses five PayPal chargeback and fraud scams with actionable steps to help prevent them. "Chargebacks exist to offer a consumer protection, but widespread abuse of this system has led to the current situation," said Suresh Dakshina, President of Chargeback Gurus. "It is a business's responsibility to address each chargeback, and when disputing, must supply the requisite evidence that they fulfilled their end of the bargain."
In order to handle any PayPal dispute, claim or chargeback effectively, you must first take steps to understand what they are and how the process works. "The purpose of this guide is to help merchants understand PayPal chargebacks so that they can effectively fight and prevent them and recover lost revenue for their businesses."
About Chargeback Gurus:
Chargeback Gurus provides comprehensive management solutions to help businesses recover lost revenue from chargebacks and fraud. Their chargeback representment and prevention services take the pain out of chargeback management and deliver true ROI for clients.
Chargeback Gurus' proprietary FPR-360™ tool with Root Cause Analyzer™ looks at over 40 different data points to identify business vulnerabilities and prevent up to 50% of chargebacks. Their Smart Chargeback Representment™ Process combines automation, data analytics and expert analysts to help companies recover up to 70% of chargebacks.
Visit https://www.chargebackgurus.com to learn more.
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SOURCE Chargeback Gurus
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