7 tips for how to prevent chargebacks

“Chargeback management”– a term merchants around the world dread. But, chargebacks are a fact of life and can arise for many reasons, many of which are out of the merchant’s control.  Examples of chargeback triggers include:

  1. Fraud
  2. Customer disputes
  3. Processing errors (e.g. duplicate transactions)
  4. Authorization issues (e.g. debiting cardholder)

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Meet our Superwomen, France Blanchard and Lital Bar Noy, nominees for the European Women in Payments Awards 2018!

We are so proud that not one, but two of Credorax’s super women have been shortlisted for the European Women in Payments (EWPN) Awards. France Blanchard, Senior Vice President Business Operations, is up for ‘The Payments Woman of the Year‘ award. While our Vice President Product,  Lital Bar Noy, is nominated for EWPN’s ‘The Young […]

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5 Risks in Implementing a Payment Solution

On a macro-level, glorious predictions are constantly made about the future of the global e-commerce industry. Take, for example, a Statista report, which reveals that e-commerce was responsible for around $2.3 trillion in sales in 2017 and is expected to hit $4.5 trillion in 2021.  With such promising revenue expectations, it is no wonder e-commerce […]

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Expanding globally? Add local currencies like Kiwi.com

All Business is Local & Sometimes Exotic We have found that when a merchant accepts local currencies, their approval rates usually increase. This might seem like common sense and easy to achieve – but it’s not. E.g. some regions can present greater challenges. Latin America countries are very local and want to keep it that way. […]

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Avoid Getting Ripped off During Your August Holiday

August is here and that means many of you are traveling around the globe. Visiting exotic destinations is obviously thrilling and isn’t it always even more pleasant when you can save a bit on travel expenses here and there.  As a global Acquirer in the travel space, we are lucky to have first-hand knowledge on […]

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Is Banking Headed for a “Dumb Pipe”, Telco-like Future?

Ilya Dubinsky, head of Credorax’s CTO office, recently attended Money2020 Europe.  He took part in a panel on the Future of Banking that was streamed live, with over 500 people attending globally. Check out the webinar here. We caught up with Ilya afterwards, to find out more about his insights on the trends transforming banking […]

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Money20/20 Europe: Take Five!

The Credorax team had a fantastic time at Money20/20 Europe, one of the largest European FinTech events, in Amsterdam last week.  We had over 60 scheduled meetings, and many stopped by our booth.  We enjoyed seeing our partners and meeting prospects and industry experts. There were many great sessions and informative panels. Here are the […]

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Using AI – to Prevent eCommerce Fraud and Secure Payments

As eCommerce continues to grow exponentially, so does fraud. In fact, consumer credit reporting agency, Experian,reports that there’s been a huge 56% increase in eCommerce breaches since 2016. The prevalence of digital payments and transactions, coupled with the number of consumers gravitating towards apps and mobile connectivity, has encouraged criminals to devise newer, more sophisticated […]

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Faster-time-to-Money: The Name of the Game for Small Businesses

Lars Pedersen, CEO of Creditcall, shares his insights on SMEs growth within the payments industry. The SME market continues to be underserved by payment institutions, still not having the same tech solutions as larger companies. Their top pain point and frustration is delayed or fragmented payment solutions. More often than not, SMEs still use non-integrated […]

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PSPs are Adapting to Cross-Border E-Commerce

This month, Credorax has been spotlighted by PaymentEye to share its wisdom on cross-border ecommerce’s effect on PSPs. Below are a few important takeaways from the article we thought you would enjoy. To read the full article, visit: www.paymenteye.com. Retail Sales, All-Time High Retail sales worldwide are at an all-time high. According to data from […]

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