Disputed, Inc. reposted this
"Last year, consumers disputed about 105 million charges with credit-card issuers in the U.S., worth an estimated $11 billion. That is up from $7.2 billion in 2019, according to Datos Insights, a finance-industry research firm. The company predicts that figure will rise nearly 40% by 2026." https://lnkd.in/gzUrEDm7 The Wall Street Journal this week posted an eye-opening article about the surge in credit card chargebacks. The volume of disputes is skyrocketing, and it aligns perfectly with what we're seeing from our clients. While first-party ("friendly") fraud is still a major headache, there's also a noticeable rise in false "product not received" claims in eCommerce/digital goods. It's incredibly satisfying to provide solutions and collaborate with our clients to create strategies that tackle these issues head-on. We're here to help identify and address these increases as they happen. If you're experiencing similar challenges, let's connect and chat about how we can support your business! #Chargebacks #Ecommerce #Retail #Enterprise #BusinessSolutions