The card network has found common ground with retailers, revising its policies to help them better combat a type of fraud where consumers attempt to dispute legitimate purchases.
Parts Geek Partners with Chargehound to Scale Chargeback Representment Amid E-Commerce Boom
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Leading online auto parts retailer leverages Chargehound’s automated chargeback solution to create operational efficiencies and recover revenue. Chargehound has increased revenue recovery and created operational efficiencies that will benefit us long term said Jon Sinclair, President at Parts Geek SAN FRANCISCO (PRWEB) April 19, 2021 Chargehound, the only fully automated chargeback solution on the market, today announced a partnership with Parts Geek, an online auto parts retailer offering an extensive selection of parts at the most competitive prices. By leveraging Chargehound’s customized, automated chargeback solution, Parts Geek has scaled its submission rate to 100%, seen a 33% increase in win rate, and a 2.5x increase in revenue recovered.