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Friendly fraud: The chargeback that hurts worst

Friendly fraud is more than an insult—it’s the main type of chargeback that small business merchants have to deal with, making it a big expense, in addition to the headache that it causes. Even the best credit card processing company can only do so much to protect merchants from chargebacks. It takes effort, and know how.

Generally speaking, friendly fraud happens when the merchant did everything right, but something leads the buyer to feel that they were not treated fairly. In the worst-case scenario, the business transaction is completed as usual, the product is shipped and delivered, but after, something goes wrong. Either the customer realizes something that they didn’t beforehand, or some other such circumstance causes the customer to have a complaint. If they feel it can’t be resolved adequately, they feel that the only recourse is to request a chargeback from their financial institution. If it’s charged back as the customer requests, it’s at a loss for the merchant.

It’s tough to fight

Finding a strategy to minimize the effects of this type of chargeback can be difficult because there is nothing you really did wrong, and therefore, not much you can change to make them go away. While it’s a challenge to oppose a chargeback and get a positive outcome, it is possible. You’ll need to throw as much documentation as possible at the case to state your case for the legitimate completion of the transaction. Cover the basics, such as documentation of the transaction and delivery, especially tracking numbers and documentation from the delivery company. From here, branch out with real pictures of the product compared to the pictures that are posted online, and anything else that adds legitimacy to your case.

A pound of prevention

The best way to reduce chargebacks, by far, is to prevent them. Here’s how:

  • Communicate, communicate, communicate: If you sell online, your website is the first line of defense for chargebacks. GREAT photos and product descriptions are essential to helping the customer understand what they’re getting. A generous returns policy that really makes it easy for the customer can also help by lowering barriers of returning, so that the average customer isn’t tempted to turn to the bank instead.
  • Raise your customer service game: in the end, great customer service is what will save you. Every representative for your company should be trained on how to be the face of your company, and empowered to actually help people in as many ways as possible.

Creating a culture where chargebacks are less likely takes time and effort on a variety of fronts. As Moolah aims to be the best credit card processing company for your needs, we lead with education. In the end, you probably won’t be able to prevent all chargebacks, but if you’re doing your best to serve your customers at every step of the relationship, odds are, you’ll minimize them, and you’ll be winning over return customers in the process.

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Surcharge FAQ

Surcharge Compliance

If you are considering introducing a credit card surcharge for your patients, it is important to understand that there are specific rules and regulations that must be followed when enrolling in and operating under a surcharge plan.

This article provides a general overview of common surcharging requirements. This content is provided for informational purposes only and does not constitute legal advice. It is the responsibility of each merchant to review, understand, and comply with all applicable laws, card-network rules, and regulatory requirements, including notification timeframes, signage requirements, surcharge percentage limits, and jurisdictions where surcharging is prohibited.

If you are unsure about the laws or regulations applicable to your practice, you should consult with qualified legal counsel. Moolah assumes no liability for a merchant’s compliance or non-compliance with credit card surcharging rules or regulations.

Transparent Communication
Card networks, including Visa, Mastercard, Discover, and American Express, require merchants to clearly and transparently disclose when a credit card surcharge is applied.

Practices must clearly notify patients of a credit card surcharge through appropriate signage placed at the practice entrance, at the point of sale or terminal, and anywhere payments are accepted. If payments are accepted online, surcharge disclosures must also be clearly visible on the practice’s website. All disclosures must inform patients that the surcharge applies only to credit card transactions.

Surcharge Limits
Credit card surcharges must comply with both card-network rules and applicable law. The surcharge amount may not exceed the merchant’s actual cost of accepting credit cards and may not exceed 3% of the total transaction amount.

Card-network rules cap credit card surcharges at 3%, meaning that if a merchant’s processing costs exceed this amount, the excess portion cannot be passed on to the patient.


Warning
The following is a general overview of credit card surcharging rules in the United States. Merchants are responsible for understanding and complying with all applicable requirements.

Network and State Restrictions
The major credit card networks, such as Visa and Mastercard, impose specific requirements related to surcharge limits, advance notification, and disclosure.

In addition, several U.S. states and territories regulate or prohibit credit card surcharging. At the time of writing, credit card surcharging is prohibited in Connecticut, Maine, Massachusetts, and Puerto Rico. Other states, including Colorado, Minnesota, Mississippi, New Jersey, and New York, impose restrictions on surcharge amounts or require specific disclosures.

If your practice operates in a state that restricts or prohibits credit card surcharging, you must fully understand and comply with those requirements before implementing a surcharge.

Debit card transactions may never be surcharged, even if the debit card is processed as a credit transaction.

Applicability
Credit card surcharges may be applied only to credit card transactions. Other payment types, including debit cards and alternative payment methods, are not eligible for surcharging.

Regulatory Compliance
Merchants are responsible for maintaining ongoing compliance with all applicable card-network and legal requirements. This includes meeting advance notification obligations, using compliant signage and disclosures, adhering to surcharge percentage limits, and respecting jurisdiction-specific restrictions.

By following these guidelines, dental practices can implement credit card surcharging in a way that aligns with card-network rules and promotes transparency with patients. Clear and upfront communication helps maintain patient trust and supports a positive payment experience.