Chargebacks are a silent profit killer for high-risk industries like gaming, forex, and e-commerce. Beyond financial losses, they can lead to increased fees, account freezes, or even blacklisting by payment processors. Here’s what you need to know.
The Financial Impact of Chargebacks
- Merchants lose 2.5x the transaction value on each chargeback.
- Global chargeback fraud cost businesses $20 billion in 2023, expected to hit $28.1 billion by 2026.
Why High-Risk Merchants Are More Vulnerable
- Higher rates of card-not-present transactions make these businesses easy targets.
- Friendly fraud is rampant, with 1 in 4 customers admitting to filing fraudulent claims.
How to Mitigate the Risk
✔️ Chargeback-Free Fiat Payments: Reduce the risk of disputes with secure options.
✔️ Fraud Prevention Tools: Implement AI-powered systems to detect and block suspicious transactions.
✔️ Tailored Solutions: Work with experts to align your payment systems with your business needs.
Conclusion:
Chargebacks don’t have to drain your profits or disrupt your business. With tailored solutions like chargeback-free fiat payments, Amun Consulting helps high-risk merchants secure their revenue and protect their operations.