How to Reduce Complexity in Your Chargeback Accounting
Chargeback accounting is complicated, expensive, time-consuming, and tends to favor the customer over the merchant. And failure to account for chargebacks accurately could result in penalties from card networks for surpassing the maximum chargeback threshold. Fortunately, there are ways to better identify and track chargebacks, helping merchants to regain control and avoid penalties.
Within this mobile-friendly guide, you'll discover:
- What makes chargeback accounting so complex for most businesses
- How merchant accounts can be impacted by inaccurate accounting data and reports
- Steps to take to simplify chargeback accounting & ensure better accuracy and efficiency