How Speeding up Chargeback Resolutions can Boost Retailers’ Profits
Retail TouchPoints
SEPTEMBER 13, 2023
These sorts of requests — known as chargebacks — are very expensive and time-consuming for all parties involved. In fact, there are roughly 615 million chargebacks happening every year and the average chargeback costs $191, which amounts to $117.46 Mittal joined Mastercard in 2014. billion per year. The issue is clear to see.
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