|Fraud is a real threat both internally and externally. Employees can issue fraudulent refunds, and thieves can use cards that don't belong to them, most often over the phone or online. Credit card and debit card fraud resulted in losses exceeding $16 billion annually worldwide, with almost $8 billion in the US.||A chargeback is the return of funds to a consumer, mainly used in the United States, forcibly initiated by the issuing bank. Knowing the specific rules and regulations about chargebacks can help protect your business and prevent severe losses. Our free chargeback training is a must!||Fraud and chargebacks can have a detrimental effect on your business. Not only can you lose products and money, but your merchant account can be terminated if your chargeback ratios exceed the allowable thresholds. We understand the rules and we can help your organization.