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  2. What payment gateways minimize chargebacks and ensure a...

What payment gateways minimize chargebacks and ensure a customer-friendly refund policy?

Sajin S
1 reply
I ask this question to seek a payment gateway that tackles two problems: costly chargebacks and unhappy customers. Chargebacks happen when frustrated customers dispute transactions with their bank. A good payment gateway can help prevent fraud and make dispute resolution smoother, reducing chargebacks. Additionally, a customer-friendly refund policy offered by the merchant encourages customers to use the proper channels for returns instead of filing chargebacks. By minimizing chargebacks and ensuring customer satisfaction, the business wins on both ends.

Replies

Emma Johnson
For minimizing chargebacks and ensuring a customer-friendly refund policy, I'd recommend looking into Stripe and PayPal. Both offer robust fraud prevention tools and efficient dispute resolution processes. They also support easy refund options, which can help keep customers happy and reduce the likelihood of chargebacks. Plus, their user-friendly interfaces can free up your time to focus on core business activities like Physical Education & Exercise Science professional.
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