It’s never too late to take action to prevent chargebacks. However, prevention is somewhat like insurance: the best time to start it is before you need it. You’re much better off acting before chargebacks become a problem. There’s no “set it and forget it” solution for preventing chargebacks, though. Both immediate and long-term chargeback reduction requires a well-planned, multi-tiered strategy. In this post, we’ll explore some of the best steps you can take to stop chargebacks before they happen. First, though, we need to ask an important question: why are chargebacks such a problem? The Problem with Chargebacks A chargeback…
Author: Monica Eaton-Cardone
Monica Eaton-Cardone
Monica Eaton-Cardone is an entrepreneur and business leader in the technology, eCommerce, risk relativity, and fintech fields. She’s launched numerous successful companies, earning a reputation for developing effective, innovative business solutions in the process. In 2011, she co-founded Chargebacks911, developing the world’s first end-to-end chargeback management solution for merchants. She later launched Fi911, a new subsidiary providing solutions for financial institutions, in 2019. She currently serves as the COO of both companies. Monica is also a valued subject matter expert, whose insights have been featured in outlets including Forbes, The Wall Street Journal, The New York Times, and more.