Mobius CDRN – Stop Chargebacks Before They Happen!
Chargebacks are often viewed as a cost of doing business and many merchants believe there is nothing they can do about chargebacks. Nothing could be further from the truth. Aggressively preventing
chargebacks from occurring and recovering funds lost to chargebacks should be a priority for every merchant.
There are several procedures and strategies a business owner can use to reduce and recover the costs of chargebacks. Improving the process and workflow of the transaction from start to finish will be the first step. Including a URL or a contact
number in the descriptor field on transactions, collecting the necessary information needed if a chargeback does get reported to your
merchant account and following the
appropriate data collection to make the
dispute process much simpler for any disputes/chargebacks reported on your Merchant Account.
With the CDRN, you can:
Stop chargebacks BEFORE they happen.
Real Time notifications
Instantly resolving disputes before they become chargebacks
Reduce your chargeback ratio since most disputes never become chargebacks
Lower operating expenses - arbitration cases alone can cost $250 to $750 each*.
Now that EMV is being more and more widely adopted, there can be a potential for a rise in CNP fraud. Let the CDRN protect you and your business today!