Chargebacks in the U.S. Credit Card Market: Third-Party Chargeback Specialists are an Emerging Service for Merchants

Dublin, Nov. 15, 2021 (GLOBE NEWSWIRE) -- The "Chargebacks in the United States: Increases in Credit Card Disputes Threaten Merchant Profitability" report has been added to ResearchAndMarkets.com's offering.

The COVID-19 pandemic accelerated the adoption of e-commerce sales across the U.S., but it also caused a major increase in the number of chargebacks experienced by merchants across all scales and industries. Understanding the key causes and implementing a chargeback management program is key towards conserving revenue loss for merchants this holiday season.

This report explores the current state of the chargeback landscape in the United States, including the key factors causing a rise in chargeback volumes since the onset of the pandemic.

Merchants in the United States continue to experience high volumes of chargebacks, which pose significant risks to business operations and increase the likelihood of reputational loss. In the current supply-chain crisis, merchants must take proactive steps to better understand their chargeback issues and reduce the likelihood of high dispute volumes during the holiday season. It is particularly critical to develop a firm understanding of organizational capability to address all the dimensions of chargeback causes and make an informed decision on how to address this growing issue.

Highlights of the research note include:

• Overview of chargebacks, including a comprehensive breakdown of the dispute process

• Analysis of revenue risks and heightened potential losses in the holiday 2021 shopping season

• Analysis of the key causes behind rising chargeback volumes

• Recommendations for chargeback reduction strategies

• Recommendations for third-party chargeback mitigation services

Companies Mentioned

• American Express

• Arkose

• Chargeback Gurus

• Chargebacks911

• Discover

• Fiserv

• Kount

• Mastercard

• Midigator

• Sift

• Visa

For more information about this report visit https://www.researchandmarkets.com/r/18erxo

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