4 min read
Auction Cataloging & Data Entry with AuctionMethod
In the dynamic high-speed world of auctions, having efficient data-entry methods at your disposal is not just a convenience—it's a necessity. The...
2 min read
Daniel P. West : February 11, 2025
Credit card fraud has long been a thorn in the side of online auctioneers, and one of the most frustrating forms is 'friendly fraud' - when a buyer disputes a charge after receiving the goods, hoping to get their money back while keeping the item. Even when auctioneers have ironclad proof, they can still lose disputes if the buyer’s bank rules against them. However, chargebacks aren’t always fraudulent. Sometimes they stem from misunderstandings, billing errors, or unauthorized transactions. Regardless of the reason, handling chargebacks is time-consuming and costly for auctioneers.
At AuctionMethod, we know how disruptive chargebacks can be for online auction businesses. That’s why we’ve launched a new Chargeback Mitigation Program designed to help auctioneers reduce risk, fight fraudulent disputes, and effectively manage chargeback cases of all kinds.
Our new program is built to give online auctioneers a better fighting chance against chargebacks. Here’s what it includes:
Auctioneers operate in a high-risk payments environment. Unlike traditional e-commerce, auction transactions involve unique challenges - buyers might regret bidding too high, claim misrepresentation, or simply exploit the system to get something for nothing. Chargebacks can also result from legitimate billing disputes, accidental transactions, or cases of true fraud where stolen credit card information is used. The burden of proof is stacked against auctioneers, and winning disputes can feel like a gamble.
Our program helps level the playing field, giving auctioneers the tools and support needed to push back against fraudulent claims while also effectively managing legitimate disputes to minimize financial losses.
If you’re tired of losing money to chargebacks, AuctionMethod’s Chargeback Mitigation Program is here to help. Learn more and sign up today at auctionmethod.com/chargebackprogram.
Don't let credit card fraud and disputes eat into your profits - fight back with AuctionMethod!
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