About Chargeback Alerts
Closing the information gap between merchants and card issuers, Chargeback Alerts significantly reduces the time it takes for merchants to be notified. Merchants are notified of confirmed chargeback fraud within a few minutes, hours or days instead of the usual three to six weeks.
While other chargeback companies help merchants fight chargebacks that have already happened, Chargeback Alerts has taken a completely new approach. Chargeback Alerts works with the issuing banks to receive real-time information from them when a merchant’s customer calls into the bank to dispute a transaction as fraudulent. Within minutes, merchants are notified that a customer is going to do a chargeback so that the merchant can contact the customer before a chargeback ever starts.
Stop Goods and Services Fraud
Normally chargebacks have already happened before merchants even know about they have happened and result in loss of product or goods and services. Normally receiving chargeback notifications thru the mail or maybe by your processor thru email after they receive a notification that a chargeback has occurred.
Chargeback Alert’s helps avoid loss due to fraud giving merchants the ability to recover valuable goods and services that they would otherwise lose. With Chargeback Alert’s platform merchants are notified immediately, giving them the opportunity to address any issues before valuable product or merchandise is shipped or valuable services are performed, saving merchants time and money. All while protecting your brand and your customer experience is much more valued.
Stop Fraudulent Orders:
- Avoid the financial losses related to lost goods or services.
- Avoid loss due to fraud, recover valuable goods and services
- Protect you brand and customer experience
Refund Transactions:
- Avoid chargebacks and related chargeback costs
- Accept more transactions based on accurate intelligence provided by card issuersto fraud, recover valuable goods and services
- Protect integrity of merchant identification number
- Maintain chargeback levels at acceptable levels
- Adopt a proactive versus reactive approach to fraud prevention
- Use link-analysis to proactively identify fraudulent accounts and transactions before losses result
Benefits of Chargeback Alerts
- Chargeback Alert’s Fraud Alert Service helps merchants reduce fraud in the card not present environment.
- Chargeback Alert’s service is a collaborative fraud management model that transmits fraud/chargeback alerts to hundreds of merchants enrolled in our network.
Prevent Repeat Offenders!
- Eliminate chargeback ratios
- Catch fraud before losing product
- Slash chargeback fees and processing costs
- Accept more transactions by throttling less
- Keep your MIDs alive
Reliable Reduction in Chargebacks with Notifications
Our chargeback alert system notifies merchants of chargebacks quickly and easily. Chargeback Alerts gives merchants the ability to manage their chargebacks in a timely manner and gives them the ability to possibly rectify situations quickly and avoid a chargeback altogether. PrismPay’s chargeback alerts platform helps create better relationships between merchants and customers. Save time and money as Chargeback Alerts’ Fraud Alert Service drastically reduces the time it takes a merchant to receive notice of confirmed fraud from six weeks to just a few minutes, hours, or days by signing up today to start protecting your business!