Description
Beat Chargebacks
Beat Chargebacks – John Acme, an aspiring online merchant, has been successfully selling widgets through his website. His business is thriving, thanks to his merchant account and credit card processor, which allow customers to easily purchase his products. However, one day, John receives a “Retrieval Notice” from his merchant account provider regarding a seemingly trouble-free transaction from weeks ago, requesting sales documentation. Unaware of the implications, John faces a potential costly situation.
This Retrieval Notice is a warning sign for chargebacks, a process in which the payment received by the merchant is deducted from their account due to a customer dispute. To safeguard his hard-earned profits and reputation, John must respond diligently to the provider’s request. Failure to provide proper documentation may lead to losing the sale and the shipped widgets.
The challenge lies in the biased nature of chargeback disputes, where merchants are presumed guilty until proven innocent. To tip the scales in his favor, John must arm himself with vital information when responding to the notice. Key elements he should include are:
Product Terms
- [YES] You can certainly sell this item.
- [YES] Additionally this item is suitable for you to use personally.
- [YES] You May modify/change or add your name to the sales letter
- [YES] This product is equally eligible for bundles.
- [YES] You may add this product to paid membership websites,
- [YES] You Can simultaneously print/publish offline and give it away for free or use it to build a list
- [YES] Free free to convey and sell Personal Use Rights
- [YES] This products license is compatible with bonus programs.
- [YES] You can convey and sell Resale Rights
- [YES] Go Ahead and subsequently convey and sell Master Resale Rights
- [NO] You may not modify/change the main product
- [NO] Can not modify/change the graphics and e-cover
- [NO] Do not add to free membership websites
- [NO] lastly you can not convey and sell Private Label Rights
