The holidays approach and that means many businesses are going to enjoy a holiday sales bump. While chargebacks are a serious threat all year round, holiday sales often lead to an increase in chargebacks in December, January, and February. Fortunately, there are steps you can take to mitigate them, but proper preparation is a must.
Setup a Dispute Management Platform
If you haven’t set up a chargeback and dispute management platform, it’s crucial that you do so before the holidays. These platforms make it easier to deflect, track, and manage disputes when they arise. Your staff will likely be stretched thin during the holidays and the weeks after, so anything that can ease burdens can go a long way