Some payments companies have been mentioning increases in chargebacks since October 1st. This appears to be true, according to The Strawhecker Group’s merchant level database of more than 3.5 million card accepting merchants. The charts illustrate that there were increases in chargeback rates in the SMB market for both transactions and dollar volume throughout much of 2015 with the greatest acceleration occurring in Q4 2015.
Recent Posts
- Bitcoin Bust: 73% Drop Since 2017 Peak
- Poynt raises $100M for its smart payment terminal
- Now Available: Adyen Company Analysis
- American Express Gets Green Light in China
- TSG in Digital Transactions: Ingenico Sacks Its CEO As It Considers ‘Strategic Options’
- NCR Acquires StopLift, Gains Powerful Anti-Theft Solution for Self-Checkout
- Visa and Billtrust team on digital B2B payments
- Bitcoin Turns 10
- Target launching ‘Skip-the-Line’ checkout technology
- Albertsons, Takeoff to pilot robotic e-commerce grocery fulfillment