{"id":13368,"date":"2025-01-20T11:38:45","date_gmt":"2025-01-20T11:38:45","guid":{"rendered":"https:\/\/comparedbusiness.com\/uk\/?p=13368"},"modified":"2025-01-21T12:01:36","modified_gmt":"2025-01-21T12:01:36","slug":"chargeback-fraud-statistics","status":"publish","type":"post","link":"https:\/\/comparedbusiness.com\/uk\/blog\/card-machines\/chargeback-fraud-statistics\/","title":{"rendered":"Chargeback Fraud Statistics: Everything You Need to Know in 2025"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"13368\" class=\"elementor elementor-13368\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1030246c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1030246c\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3d730e12\" data-id=\"3d730e12\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5598f2b2 elementor-widget elementor-widget-text-editor\" data-id=\"5598f2b2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 15-07-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>Think for a moment about losing revenue not because of a genuine refund but due to fraudulent claims. It\u2019s frustrating, right? For business owners like you, one such claim is the chargeback fraud, which is more than a nuisance; it\u2019s a silent profit killer.<\/p><p>According to chargeback fraud statistics, businesses lose a lot annually to these deceptive practices. Whether it\u2019s friendly fraud or deliberate scams, the financial impact is huge. But what exactly is chargeback fraud, and why does it matter to your business? <\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-25a38635 elementor-widget elementor-widget-heading\" data-id=\"25a38635\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 15-07-2024 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"what_is_chargeback_fraud\"><\/span>What is chargeback fraud?<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b589b08 elementor-widget elementor-widget-image\" data-id=\"b589b08\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 15-07-2024 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"712\" height=\"474\" src=\"https:\/\/comparedbusiness.com\/uk\/wp-content\/uploads\/sites\/3\/2025\/01\/What-Is-Chargeback-Fraud.png\" class=\"attachment-medium_large size-medium_large wp-image-13376\" alt=\"What Is Chargeback Fraud\" srcset=\"https:\/\/comparedbusiness.com\/uk\/wp-content\/uploads\/sites\/3\/2025\/01\/What-Is-Chargeback-Fraud.png 712w, https:\/\/comparedbusiness.com\/uk\/wp-content\/uploads\/sites\/3\/2025\/01\/What-Is-Chargeback-Fraud-300x200.png 300w\" sizes=\"(max-width: 712px) 100vw, 712px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3452c859 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3452c859\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-134e7395\" data-id=\"134e7395\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-74f2d5c elementor-widget elementor-widget-text-editor\" data-id=\"74f2d5c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Chargeback fraud, often called friendly fraud, happens when a customer disputes a legitimate purchase, expecting that the bank will reverse the payment. While the chargeback process is meant to safeguard consumers, some of the shoppers can use it to hurt your busines.<\/p><p>The process of chargeback is as follows:<\/p><ol><li>A customer disputes a purchase.<br \/><br \/><\/li><li>The customer\u2019s bank (issuing bank) listens to the claim and temporarily reverses the transaction. This means the money is pulled out of the <a href=\"https:\/\/comparedbusiness.com\/uk\/blog\/card-machines\/what-is-a-merchant-account\/\"><span style=\"text-decoration: underline\"><strong>merchant\u2019s account<\/strong><\/span><\/a> and held until the dispute is resolved.<br \/><br \/><\/li><li>The merchant is notified about the chargeback and asked to provide evidence that the transaction was legitimate.<br \/><br \/><\/li><li>The payment processor and the card network might also get involved in the process. <br \/>Based on the evidence, the issuing bank decides who wins the dispute. If the bank sides with the customer, the merchant loses the payment, and not only that, they pay the chargeback fee.<\/li><\/ol><p>In a chargeback fraud, the customer makes the dispute falsely &#8211; maybe by saying they never received the product or the transaction was not authorised.<\/p><p>Why is it a big deal? Because every chargeback fee (be it \u00a315 or \u00a325) can eat the profits of your business. And too many disputes can signal risk to <a href=\"https:\/\/comparedbusiness.com\/uk\/blog\/payment-gateway\/what-is-a-payment-processor\/\"><span style=\"text-decoration: underline\"><strong>payment processors<\/strong><\/span><\/a>, which can lead to account termination in worse scenarios.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-910cb96 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"910cb96\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f6d2851\" data-id=\"f6d2851\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3cd838b elementor-widget elementor-widget-heading\" data-id=\"3cd838b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"global_chargeback_fraud_statistics\"><\/span>Global chargeback &amp; fraud statistics<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4ddcde9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4ddcde9\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7bba25ce\" data-id=\"7bba25ce\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2738850e elementor-widget elementor-widget-text-editor\" data-id=\"2738850e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul><li>There were more than 230 million chargebacks globally in 2023. USA accounted for 105 million of them (<span style=\"text-decoration: underline\"><strong><a href=\"https:\/\/www.chargeback.io\/blog\/chargeback-statistics\" target=\"_blank\" rel=\"noopener\">Chargeback.io<\/a><\/strong><\/span>).<br \/><br \/><\/li><li>Total chargeback costs exceeded $117 billion\/\u00a393.4 billion in 2023 (<span style=\"text-decoration: underline\"><strong><a href=\"https:\/\/chargebacks911.com\/chargeback-costs\/\" target=\"_blank\" rel=\"noopener\">Chargeback911<\/a><\/strong><\/span>).<br \/><br \/><\/li><li>75% of the merchants reported an increase in friendly fraud instances in 2023 (<span style=\"text-decoration: underline\"><strong><a href=\"https:\/\/chargebacks911.com\/chargeback-field-report\/\" target=\"_blank\" rel=\"noopener\">Chargeback911<\/a><\/strong><\/span>).<br \/><br \/><\/li><li>The most common reason for chargebacks was fraud, which accounted for 34% of the chargebacks. \u201cProduct never arrived\u201d was 2nd and \u201cwrong product\u201d was 3rd (<span style=\"text-decoration: underline\"><strong><a href=\"https:\/\/www.clearlypayments.com\/blog\/chargeback-statistics-in-credit-card-processing\/\" target=\"_blank\" rel=\"noopener\">Clearly Payments<\/a><\/strong><\/span>).<br \/><br \/><\/li><li>Brazil recorded a chargeback rate of 3.84%, while that of the US was 0.47% (<span style=\"text-decoration: underline\"><strong><a href=\"https:\/\/chargebacks911.com\/chargeback-stats\/\" target=\"_blank\" rel=\"noopener\">Chargeback911<\/a><\/strong><\/span>).<br \/><br \/><\/li><li>Card-not-present fraud was the most common of all UK card frauds in 2022, amounting to 2.21 million cases, which contributed to a loss of \u00a3396 million (<span style=\"text-decoration: underline\"><strong><a href=\"https:\/\/www.merchantsavvy.co.uk\/payment-fraud-statistics\/\" target=\"_blank\" rel=\"noopener\">Merchant Savvy<\/a><\/strong><\/span>).<\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cef1b19 elementor-widget elementor-widget-image\" data-id=\"cef1b19\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"768\" height=\"387\" src=\"https:\/\/comparedbusiness.com\/uk\/wp-content\/uploads\/sites\/3\/2025\/01\/napkin-selection-4-768x387.png\" class=\"attachment-medium_large size-medium_large wp-image-13377\" alt=\"\" srcset=\"https:\/\/comparedbusiness.com\/uk\/wp-content\/uploads\/sites\/3\/2025\/01\/napkin-selection-4-768x387.png 768w, https:\/\/comparedbusiness.com\/uk\/wp-content\/uploads\/sites\/3\/2025\/01\/napkin-selection-4-300x151.png 300w, https:\/\/comparedbusiness.com\/uk\/wp-content\/uploads\/sites\/3\/2025\/01\/napkin-selection-4-1024x516.png 1024w, https:\/\/comparedbusiness.com\/uk\/wp-content\/uploads\/sites\/3\/2025\/01\/napkin-selection-4-1536x774.png 1536w, https:\/\/comparedbusiness.com\/uk\/wp-content\/uploads\/sites\/3\/2025\/01\/napkin-selection-4-2048x1031.png 2048w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-81e49aa elementor-widget elementor-widget-spacer\" data-id=\"81e49aa\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 15-07-2024 *\/\n.elementor-column .elementor-spacer-inner{height:var(--spacer-size)}.e-con{--container-widget-width:100%}.e-con-inner>.elementor-widget-spacer,.e-con>.elementor-widget-spacer{width:var(--container-widget-width,var(--spacer-size));--align-self:var(--container-widget-align-self,initial);--flex-shrink:0}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container,.e-con>.elementor-widget-spacer>.elementor-widget-container{height:100%;width:100%}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer{height:100%}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner{height:var(--container-widget-height,var(--spacer-size))}.e-con-inner>.elementor-widget-spacer.elementor-widget-empty,.e-con>.elementor-widget-spacer.elementor-widget-empty{position:relative;min-height:22px;min-width:22px}.e-con-inner>.elementor-widget-spacer.elementor-widget-empty .elementor-widget-empty-icon,.e-con>.elementor-widget-spacer.elementor-widget-empty .elementor-widget-empty-icon{position:absolute;top:0;bottom:0;left:0;right:0;margin:auto;padding:0;width:22px;height:22px}<\/style>\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-797ffb0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"797ffb0\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-af14def\" data-id=\"af14def\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-10ec0d8 elementor-widget elementor-widget-heading\" data-id=\"10ec0d8\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"chargeback_rates_by_industry_statistics\"><\/span>Chargeback rates by industry statistics<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5ab6aad elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5ab6aad\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-321c60c\" data-id=\"321c60c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-647b081 elementor-widget elementor-widget-text-editor\" data-id=\"647b081\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Below is a compilation of chargeback statistics for global markets.<\/p><ol><li>Education and training: It faced the highest chargeback rate of 1.02%.<\/li><li>Travel: It experienced a chargeback rate of 0.89%.<\/li><li>Health and wellness: It recorded a rate of 0.86%.<\/li><li>Gaming: It came in 4th with 0.83%.<\/li><li>Software: Software stood at the 5th position with a rate of 0.66%.<\/li><li>Media: This industry experienced a rate of 0.56%.<\/li><\/ol><p>(via <span style=\"text-decoration: underline\"><strong><a href=\"https:\/\/www.swipesum.com\/insights\/chargeback-rate-by-industry-and-business-type\" target=\"_blank\" rel=\"noopener\">Swipesum<\/a><\/strong><\/span>).<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-824d23e elementor-widget elementor-widget-image\" data-id=\"824d23e\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"768\" height=\"420\" src=\"https:\/\/comparedbusiness.com\/uk\/wp-content\/uploads\/sites\/3\/2025\/01\/napkin-selection-7-768x420.png\" class=\"attachment-medium_large size-medium_large wp-image-13378\" alt=\"Chargeback Rates By Industry\" srcset=\"https:\/\/comparedbusiness.com\/uk\/wp-content\/uploads\/sites\/3\/2025\/01\/napkin-selection-7-768x420.png 768w, https:\/\/comparedbusiness.com\/uk\/wp-content\/uploads\/sites\/3\/2025\/01\/napkin-selection-7-300x164.png 300w, https:\/\/comparedbusiness.com\/uk\/wp-content\/uploads\/sites\/3\/2025\/01\/napkin-selection-7-1024x560.png 1024w, https:\/\/comparedbusiness.com\/uk\/wp-content\/uploads\/sites\/3\/2025\/01\/napkin-selection-7-1536x839.png 1536w, https:\/\/comparedbusiness.com\/uk\/wp-content\/uploads\/sites\/3\/2025\/01\/napkin-selection-7-2048x1119.png 2048w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f6baa4d elementor-widget elementor-widget-spacer\" data-id=\"f6baa4d\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-dd21406 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"dd21406\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6f195fa\" data-id=\"6f195fa\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1bd5dd5 elementor-widget elementor-widget-text-editor\" data-id=\"1bd5dd5\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Here are the common factors that contributed to these chargebacks:<\/p><p><strong>1. Education:<\/strong><\/p><ul><li>Dissatisfaction with training materials.<\/li><li>Lack of clear refund policies or delayed responses. This led to disputes which escalated into chargebacks.<\/li><\/ul><p><strong>2. Travel:<\/strong><\/p><ul><li>Flight or hotel cancellation over refund eligibility. <\/li><li>Complaints about service quality such as delayed departures or overbooked accommodations.<\/li><\/ul><p><strong>3. Health and wellness<\/strong><\/p><ul><li>Dissatisfaction with product effectiveness, such as supplements or fitness plans.<\/li><li>Confusion over auto-renewing subscriptions for services like wellness programs.<\/li><\/ul><p><strong>4. Gaming:<\/strong><\/p><ul><li>Unauthorised purchases.<\/li><li>Complaints about in-game purchases not being delivered.<\/li><\/ul><p><strong>5. Software:<\/strong><\/p><ul><li>Not satisfied with the value\/utility of purchased software.<\/li><li>Misunderstanding about billing cycles for SaaS subscriptions.<\/li><\/ul><p><strong>6. Media:<\/strong><\/p><ul><li>Unmet expectations in streaming.<\/li><li>Unauthorised account access which led to disputed charges.<\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ece8268 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ece8268\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-51e9fd2\" data-id=\"51e9fd2\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-dc579ba elementor-widget elementor-widget-heading\" data-id=\"dc579ba\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"financial_impact_of_chargeback_fraud_on_businesses\"><\/span>Financial impact of chargeback fraud on businesses<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1ffa80c elementor-widget elementor-widget-image\" data-id=\"1ffa80c\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"720\" height=\"475\" src=\"https:\/\/comparedbusiness.com\/uk\/wp-content\/uploads\/sites\/3\/2025\/01\/Financial-Impact-of-Chargeback-Fraud.png\" class=\"attachment-medium_large size-medium_large wp-image-13382\" alt=\"\" srcset=\"https:\/\/comparedbusiness.com\/uk\/wp-content\/uploads\/sites\/3\/2025\/01\/Financial-Impact-of-Chargeback-Fraud.png 720w, https:\/\/comparedbusiness.com\/uk\/wp-content\/uploads\/sites\/3\/2025\/01\/Financial-Impact-of-Chargeback-Fraud-300x198.png 300w\" sizes=\"(max-width: 720px) 100vw, 720px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ebc1546 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ebc1546\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-86a6efe\" data-id=\"86a6efe\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6489841 elementor-widget elementor-widget-text-editor\" data-id=\"6489841\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>The effects of chargeback frauds are prominent &#8211; Businesses had to endure losses of about $20 billion\/\u00a315.9 billion as a result of chargeback fraud in 2021 alone (<span style=\"text-decoration: underline\"><strong><a href=\"https:\/\/www.juniperresearch.com\/research\/fintech-payments\/fraud-identity\/online-payment-fraud-research-report\/\" target=\"_blank\" rel=\"noopener\">Juniper Research<\/a><\/strong><\/span>). Now, let\u2019s discuss some of the consequences of chargeback fraud in detail.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3ece6ab elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3ece6ab\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-65d1aaf\" data-id=\"65d1aaf\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-45db083 elementor-widget elementor-widget-heading\" data-id=\"45db083\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">1. Direct financial losses<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7068212 elementor-widget elementor-widget-text-editor\" data-id=\"7068212\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Chargebacks aren\u2019t just about refunding a customer; they involve additional fees, typically in the range of \u00a315-25. These fees, imposed by payment processors or banks, can quickly add up if the businesses experience a high volume of disputes.<\/p><p>This type of loss is a direct hit to the bottom line. And mind it, a report found out that 86% of chargebacks are probable cases of friendly fraud (<span style=\"text-decoration: underline\"><strong><a href=\"https:\/\/chargebacks911.com\/86-of-chargebacks-are-friendly-fraud\/\" target=\"_blank\" rel=\"noopener\">Chargeback911<\/a><\/strong><\/span>).<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f9c6f6b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f9c6f6b\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3278f65\" data-id=\"3278f65\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-201341d elementor-widget elementor-widget-heading\" data-id=\"201341d\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">2. Increased operational costs<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-04c88a2 elementor-widget elementor-widget-text-editor\" data-id=\"04c88a2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Handling chargebacks is a time-consuming process that involves collecting evidence, e.g. proof of delivery and receipts, submitting it to the issuing bank, and responding to follow-up queries. This diverts your resources from other critical business activities and increases operational expenses.<\/p><p>According to a report, chargebacks affect 6 out of every 1000 transactions, especially in the e-commerce industry (<span style=\"text-decoration: underline\"><strong><a href=\"https:\/\/www.clearlypayments.com\/blog\/chargeback-statistics-in-credit-card-processing\/\" target=\"_blank\" rel=\"noopener\">Clearly Payments<\/a><\/strong><\/span>).<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b9740bf elementor-widget elementor-widget-image\" data-id=\"b9740bf\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"301\" src=\"https:\/\/comparedbusiness.com\/uk\/wp-content\/uploads\/sites\/3\/2025\/01\/napkin-selection-8-768x301.png\" class=\"attachment-medium_large size-medium_large wp-image-13383\" alt=\"Chargeback Increases Operational Costs\" srcset=\"https:\/\/comparedbusiness.com\/uk\/wp-content\/uploads\/sites\/3\/2025\/01\/napkin-selection-8-768x301.png 768w, https:\/\/comparedbusiness.com\/uk\/wp-content\/uploads\/sites\/3\/2025\/01\/napkin-selection-8-300x118.png 300w, https:\/\/comparedbusiness.com\/uk\/wp-content\/uploads\/sites\/3\/2025\/01\/napkin-selection-8-1024x401.png 1024w, https:\/\/comparedbusiness.com\/uk\/wp-content\/uploads\/sites\/3\/2025\/01\/napkin-selection-8-1536x602.png 1536w, https:\/\/comparedbusiness.com\/uk\/wp-content\/uploads\/sites\/3\/2025\/01\/napkin-selection-8.png 1662w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0c0e466 elementor-widget elementor-widget-spacer\" data-id=\"0c0e466\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8482fbe elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8482fbe\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4e81dc3\" data-id=\"4e81dc3\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c122021 elementor-widget elementor-widget-heading\" data-id=\"c122021\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">3. Higher merchant account fees<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d107fcb elementor-widget elementor-widget-text-editor\" data-id=\"d107fcb\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>When a business\u2019s chargeback rate exceeds the acceptable threshold (normally 1% of total transactions), it\u2019s labeled as high risk by the payment processors and card networks. This results in higher transaction fees, and stricter terms, which does what? Reduces flexibility in managing payments.<\/p><p>It can also impact the cash flow as payment processors may delay the funds to mitigate their own risk. <\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-feaa5da elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"feaa5da\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a5f12f4\" data-id=\"a5f12f4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-abbb65e elementor-widget elementor-widget-heading\" data-id=\"abbb65e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">4. Reputational damage<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fc34cfe elementor-widget elementor-widget-text-editor\" data-id=\"fc34cfe\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Frequent chargebacks signal to customers and stakeholders that a business might be unreliable or untrustworthy. This perception can deter your future customers, which can lead to lost sales and a decrease in long-term revenue.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0ce2892 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0ce2892\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-879eaff\" data-id=\"879eaff\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1c0d032 elementor-widget elementor-widget-heading\" data-id=\"1c0d032\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"preventive_measures_for_uk_businesses\"><\/span>Preventive measures for UK businesses<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6a27246 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6a27246\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-06a67d6\" data-id=\"06a67d6\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-48790a4 elementor-widget elementor-widget-text-editor\" data-id=\"48790a4\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Implementing preventive measures is crucial to reducing chargeback fraud risks.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6e596ef elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6e596ef\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-24cc8d9\" data-id=\"24cc8d9\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7574d07 elementor-widget elementor-widget-heading\" data-id=\"7574d07\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">1. Implement a fraud detection system<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-78baae5 elementor-widget elementor-widget-text-editor\" data-id=\"78baae5\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Fraud detection tools use transaction data to identify patterns that indicate potential fraud, e.g. high-value purchases or mismatched IP addresses and shipping locations. Combining such tools with machine learning creates a dynamic system which is capable of reducing these frauds.<\/p><p>For example, Visa prevented $40 billion\/\u00a331.8 billion worth of fraudulent transactions in 2023 through technology (<span style=\"text-decoration: underline\"><strong><a href=\"https:\/\/www.reuters.com\/technology\/cybersecurity\/visa-prevented-40-bln-worth-fraudulent-transactions-2023-official-2024-07-23\" target=\"_blank\" rel=\"noopener\">Reuters<\/a><\/strong><\/span>).<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6695f90 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6695f90\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f69813f\" data-id=\"f69813f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-df92e09 elementor-widget elementor-widget-heading\" data-id=\"df92e09\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">2. Enhance customer verification processes<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-18aef26 elementor-widget elementor-widget-text-editor\" data-id=\"18aef26\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Verify every customer that comes into your systems. How?<\/p><p>Multi-factor authentication (MFA) is the first thing. It adds an extra layer of security because it prompts the customers to use 2 methods of identification, which are a password and a one-time code sent via SMS or email.<\/p><p>Another process you can implement is the address verification system (AVS) and CVV check. This ensures the cardholder\u2019s information matches the transaction.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ee6963b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ee6963b\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-37a3dfe\" data-id=\"37a3dfe\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c32ed03 elementor-widget elementor-widget-heading\" data-id=\"c32ed03\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">3. Monitor chargeback data<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-244979a elementor-widget elementor-widget-text-editor\" data-id=\"244979a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Regularly reviewing chargeback data also helps your businesses identify patterns and adjust strategies to prevent future disputes. This includes information like chargeback rate and dispute reasons, which you can get from your payment processor.<\/p><p>With a reported increase of <span style=\"text-decoration: underline\"><strong><a href=\"https:\/\/chargebacks911.com\/chargeback-facts\/\" target=\"_blank\" rel=\"noopener\">19% in chargeback fraud<\/a><\/strong><\/span> between the years 2022 and 2023, this constant monitoring has become the need of the time.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ebf295b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ebf295b\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0d6c8d4\" data-id=\"0d6c8d4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5692896 elementor-widget elementor-widget-heading\" data-id=\"5692896\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"bottom_line\"><\/span>Bottom line<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b104a36 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b104a36\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4eace4e\" data-id=\"4eace4e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-acc9e2a elementor-widget elementor-widget-text-editor\" data-id=\"acc9e2a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Protecting your business from chargeback fraud starts with proactive measures like fraud detection and strong customer verification.<\/p><p>We know it\u2019s a likely danger to your revenue. That\u2019s why we recommend collaborating with your payment processor and analysing chargeback data to reduce the tendency. Take action today to stay ahead of fraud!<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7bdd58f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7bdd58f\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-908f209\" data-id=\"908f209\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6033471 elementor-widget elementor-widget-heading\" data-id=\"6033471\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"comparedbusiness_connects_you_with_reliable_card_machine_solutions\"><\/span>ComparedBusiness connects you with reliable card machine solutions<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e047886 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e047886\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-52b28e2\" data-id=\"52b28e2\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-26a3bb2 elementor-widget elementor-widget-text-editor\" data-id=\"26a3bb2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>We are experts at providing businesses like yours with top credit card processing solutions. Our proprietary system processes your details and links you with relevant service providers so you don&#8217;t have to do the hard work.\u00a0 <br \/><br \/>Just submit your business details in less than 2 minutes and we will get back to you with quotes from the list of top card machine providers in the UK.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3cf0e401 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3cf0e401\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3bb9bcf0\" data-id=\"3bb9bcf0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-51f470f7 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"51f470f7\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-size-md elementor-animation-grow\" role=\"button\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Get Card Machine Quotes<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Think for a moment about losing revenue not because of a genuine refund but due to fraudulent claims. It\u2019s frustrating, right? For business owners like you, one such claim is the chargeback fraud, which is more than a nuisance; it\u2019s a silent profit killer. According to chargeback fraud statistics, businesses lose a lot annually to &#8230; <a title=\"Chargeback Fraud Statistics: Everything You Need to Know in 2025\" class=\"read-more\" href=\"https:\/\/comparedbusiness.com\/uk\/blog\/card-machines\/chargeback-fraud-statistics\/\">Read more<\/a><\/p>\n","protected":false},"author":5,"featured_media":13384,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[58],"tags":[],"class_list":["post-13368","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-card-machines"],"_links":{"self":[{"href":"https:\/\/comparedbusiness.com\/uk\/wp-json\/wp\/v2\/posts\/13368"}],"collection":[{"href":"https:\/\/comparedbusiness.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/comparedbusiness.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/comparedbusiness.com\/uk\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/comparedbusiness.com\/uk\/wp-json\/wp\/v2\/comments?post=13368"}],"version-history":[{"count":17,"href":"https:\/\/comparedbusiness.com\/uk\/wp-json\/wp\/v2\/posts\/13368\/revisions"}],"predecessor-version":[{"id":13397,"href":"https:\/\/comparedbusiness.com\/uk\/wp-json\/wp\/v2\/posts\/13368\/revisions\/13397"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/comparedbusiness.com\/uk\/wp-json\/wp\/v2\/media\/13384"}],"wp:attachment":[{"href":"https:\/\/comparedbusiness.com\/uk\/wp-json\/wp\/v2\/media?parent=13368"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/comparedbusiness.com\/uk\/wp-json\/wp\/v2\/categories?post=13368"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/comparedbusiness.com\/uk\/wp-json\/wp\/v2\/tags?post=13368"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}