Quantcast

Latest Friendly fraud Stories

2014-09-30 08:43:34

Chargebacks911 executives maintain that Google's recent plight with friendly fraud brings to light the historic imbalance in the chargeback process--consumers are favored while merchants bear the financial brunt. TAMPA BAY, Fla., Sept. 30, 2014 /PRNewswire-iReach/ -- While eCommerce is quickly becoming one of the country's fastest-growing segments--Forrester Research valued the market at $263 billion in 2013 (1)--the industry has yet to effectively combat one of its largest threats:...

2014-08-26 23:09:06

Chargebacks911 announces that its representatives will be attending the upcoming Electronic Retailing Association (ERA) Conference in Las Vegas, Nevada to glean data on proposed solutions to direct response best practices. Tampa Bay, FL (PRWEB) August 26, 2014 Officials from Chargebacks911 have announced that they will be attending the Electronic Retailing Association’s (ERA) 2014 ERA D2C Convention to be held in Las Vegas, Nevada on September 16-18. The conference aims to foster...

2014-08-25 23:00:40

Effective October 1, 2014, Visa will charge a fee to all credit card acquirers (banks) for each transaction that is related to a fraud claim. eConsumerServices predicts that consumers will be next to be harmed by the fees that Visa is imposing, and advises on preventative measures to take to protect their financial scores. New York, NY (PRWEB) August 26, 2014 A report by Visa estimated that retailers lost approximately $11.8 billion to chargeback-related fraud in 2012. (1) Visa is taking...

2014-08-07 12:33:01

"Stupid [expletive] old people" reason for chargeback being granted by bank: Chargebacks911 brings to light questionable chargeback practices undertaken by consumers and tolerated by banks--example of racist comments as reason for chargeback cited--the company maintains that the robotic chargeback process is causing merchants to be held liable unfairly for legitimate purchases, and posing a risk to the growth of eCommerce. TAMPA BAY, Fla., Aug. 7, 2014 /PRNewswire-iReach/ --...

2014-07-31 23:07:47

With the surge in popularity of merchants joining mobile commerce, the industry is growing at a rate that neither consumers nor merchants can keep up with—leaving room for increased dissatisfaction among consumers with regard to online purchases, which can then result in increasing chargebacks. eConsumerServices advises merchants to partner with consumer mitigation services in an effort to protect online consumers from the arduous chargeback process. New York, NY (PRWEB) July 31, 2014...

2014-07-16 23:13:51

Chargeback Pro, a leading provider of chargeback management and representment, is proud to announce its recent partnership with Lime Light CRM, leading provider of continuity-based processing and campaign management solution. Miami, FL (PRWEB) July 16, 2014 Chargeback Pro helps merchants recover lost revenue and increase profits by reversing chargebacks and helping protect the reputation of your company, all this for a fraction of the price that other providers charge. When a company gets...

2014-05-06 08:44:58

Chargeback911 comments on the effects of chargebacks on eCommerce merchants, citing Amazon's charge dispute policies as evidence of the industry-wide need for unbiased administrators designated to render chargebacks manageable for online merchants. TAMPA BAY, Fla., May 6, 2014 /PRNewswire-iReach/ -- Despite their best efforts to counteract fraudulent and/or unjust chargebacks, many merchants are still losing a reported 60 percent of contested chargeback claims (1)--leading Chargebacks911, a...

2014-05-06 08:43:51

eConsumerServices addresses consumer risks due to chargeback disputes--what was meant to be a method of protection has left some frustrated consumers with a loss of time and money. CLEARWATER, Fla., May 6, 2014 /PRNewswire-iReach/ -- Known as a consumer's secret weapon in a fight against a merchant, chargebacks were created as a means of protection for consumers, but have increasingly become a cause for concern within the eCommerce industry. Merchants are losing nearly $12 billion a year due...

2014-04-15 08:38:07

Chargebacks were created as a means of protection for consumers, but are now being abused by the very people they were meant to protect. As the industry catches on to the activities of dishonest consumers, eConsumerServices warns that those who engage in friendly fraud could be labeled "online shoplifters" and eventually face fines and penalties currently being incurred by merchants. CLEARWATER, Fla., April 15, 2014 /PRNewswire-iReach/ -- "Friendly fraud," a seemingly conflicting...

2014-03-10 08:36:39

eConsumerServices educates consumers about the effects of friendly fraud and the correct approach to filing chargebacks. TAMPA BAY, Fla., March 10, 2014 /PRNewswire-iReach/ -- Consumers are unknowingly contributing to an imbalance in the ecommerce industry, and inadvertently costing themselves in the process. The online shopping community has grown and as a result, sometimes consumers find errors with a transaction, such as not receiving goods, or being charged for goods they didn't order -...


Word of the Day
cacodemon
  • An evil spirit; a devil.
  • A nightmare.
  • In astrology, the twelfth house of a scheme or figure of the heavens: so called from its signifying dreadful things, such as secret enemies, great losses, imprisonment, etc.
'Cacodemon' comes from a Greek term meaning 'evil genius.'
Related