Chargeback Mitigation Best Practices For eCommerce Merchants
Robert Kiyosaki’s Rich Dad Poor Dad defined assets as anything that puts money into your pocket and liabilities as anything that takes money away from your pocket. Although that definition appears overly simplistic, the wisdom it communicates is rooted in simple math – which explains why the book has been extremely successful. As an eCommerce merchant, one of the things that take money out of your pocket today is chargebacks. Chargebacks are a growing sustainability risk for the entire eCommerce ecosystem. Take a look at these numbers: Analysts estimate global chargeback cost for 2023 to reach...