COST OF FRAUD

As a merchant, charge backs and returns are considered to a cost of doing business.  However excessive returns can cost you your business.  Friendly or consumer’s fraudulently claiming a transaction is unauthorized accounts for over 30% of the total cost of fraud.  That means nearly 40% of  all charge backs are preventable with the right tools.  To determine what your charge backs are potentially costing you and your business use our simple cost estimator below.

estimator