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11 03, 2020

Understanding and Identifying Chargeback Fraud

Friendly Fraud Part 1 – Understanding and identifying chargeback fraud Friendly fraud, also known as chargeback fraud or digital transaction fraud, is a common problem faced by modern businesses. This type of fraud affects both online and physical stores and is widespread across industry sectors.[...]
05 09, 2019

Beauty Industry | Pinpoint Payments | Payment Processing Solutions

By Benjamin Grossman | September 05th, 2019 | Chargeback Prevention, blogs
According to a report published by Orbis, the cosmetic products market size will maintain its average annual growth rate of 4.97%. That equates to about $4.98 billion in 2015 to $5.76 billion with the expected market size in 2023 will reach $7 billion. Think that’s a lot? The skin care products[...]
29 05, 2019

Challenges of Online Businesses

Starting an online business can be challenging; however, if you do it right, an eCommerce website can be a great source of revenue and can dramatically boost your bottom line. Online businesses have smaller start-up costs when compared to traditional brick-and-mortars and you can reach thousands of[...]
22 05, 2019

Card Not Present Transactions | Pinpoint Payments | Payment Processing Solutions

In the past, if a customer did not have a physical debit or credit card on them, it would be nearly impossible to make a purchase. Not in today’s world. A customer can complete a purchase today without being physically present. These types of payment options are called card not present transactions.
13 02, 2019

8 Simple Yet Highly Effective Tips to Prevent Credit Card Fraud

Credit card fraud is no joke; according to Forbes, merchants in the United States are losing approximately $190 billion a year to credit card fraud. Customers of banks lose around $4.8 billion, with banks themselves losing an additional $11 billion. The scale of this problem is massive, with credit[...]
13 02, 2019

Wells Fargo System Outage 2019: What You Need To Know

As of February 8, 2019, the Wells Fargo mobile has been experiencing difficulties in operation. From the Wells Fargo Twitter: “We’re experiencing system issues due to a power shutdown at one of our facilities, initiated after smoke was detected following routine maintenance. We’re working to[...]
02 11, 2017

Are You Really Ready for the Holidays? | Pinpoint Payments | Payment Processing Solutions

The holiday season is once again upon us. Consumers are already marking important dates like Black Friday and Cyber Monday in their calendars to grab the best deals for Christmas and Hanukkah well before they arrive. You have to start planning early to get the biggest possible boost from customers,[...]
10 04, 2017

5 Ways to Prevent | Pinpoint Payments | Merchant Processing Service

By Benjamin Grossman | April 10th, 2017 | Chargeback Prevention, blogs
Guilty until proven innocent. That’s the view banks take when a customer disputes an online or mobile charge. The bank issues a refund. The credit card networks issue fines and penalties. And now it’s up to you to prove that the transaction was valid.
03 02, 2016

Chargeback Myths | Pinpoint Payments | Payment Processing Solutions

Many merchants are afraid of chargebacks — and rightfully so. However, there are many myths associated with chargebacks, which is why merchants need to weed through the myths to find the facts. Use our information in this email newsletter to debunk the popular myths and help online merchants manage[...]
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