Chargebackhit helps businesses across industries address Glossary
A chargeback is a protective financial mechanism initiated by the issuing bank, where funds are withdrawn from a merchant’s account and reimbursed to the cardholder.
chargeback
challenges. Its suite of products supports early-stage Glossary
Dispute is a customer's challenge to a transaction on their account. It often occurs when a cardholder does not recognize a charge, is dissatisfied with a purchase, or suspects fraudulent activity. If not resolved promptly, a dispute can lead to a formal chargeback process.
dispute
resolution, allowing companies to analyze trends, protect revenue, and improve chargeback management.
Explore
Get the full picture of how Prevent, Resolve, Recover, and Inform work together across the chargeback lifecycle.
Build strategy
Prevent disputes before they happen, resolve them at the pre-dispute stage, or recover revenue through representment.
Prevent
Reduce fraud and disputes by sending real-time transaction details to issuers and cardholders through Order Insight and Consumer Clarity tools.
Resolve
Resolve fraud and non-fraud disputes at the pre-dispute stage to protect dispute ratios and recover revenue with Chargebackhit automation.
Recover
Increase chargeback win rates and recover revenue by submitting compelling evidence, responding within deadlines, and drafting persuasive rebuttal letters.
Inform
Act on post-authorization fraud and dispute notifications from Verifi's Inform solution to enhance fraud detection and lower payment risk.