Chargeback is the antithesis to profit. Banks are more focused on keeping their cardholders happy, so even if the merchant is not literally at fault, they must shoulder the brunt of the cost of fees and liabilities such as lost merchandise. It’s especially difficult in ecommerce. Here’s Why. Credit Card Fraud While we want to…
Day: July 16, 2015
3 Ways a Brand Development Firm Can Boost Your Financial Institution
The banking industry has seen a massive change in the last decade. More and more people have become inclined towards using the internet for their financial transactions and decision-making. The world has taken a turn towards mobility with 80% of internet-using adults owning smartphone devices, and social networks have started playing a crucial role in…
