Rethink Commerce Blog

Posts Tagged ‘payments’

The Push to Make Payments Painless

Posted on October 5th, 2017 by

With this article, we wanted to take a fresh look at what’s new in payments, a pretty broad area and constantly under change. What is certain is that the push to make payments “painless” or “frictionless” continues, driven by uber-like successes.  […]

10 Things to Consider Before You Sign on the Dotted Line for eCommerce or Payment Gateway Services

Posted on September 18th, 2017 by

First, a Pop Quiz

The list below contains several reasons for why new online businesses fail, according to a widely cited report conducted by CB Insights (and several updates supporting the original report’s findings): […]

Industry Buzz – July 2017

Posted on August 3rd, 2017 by

Hi Sellers!

Summer is heating up and with it we have some hot company and product news! We have plenty of new resources that will help you learn how to boost sales, build customer relationships, lower chargeback rates and more.

Keep on reading! […]

Curb Involuntary Churn with Tips and Tricks on How to Increase Authorization Rates

Posted on July 27th, 2017 by

Every year, cloud software and online services companies lose millions of dollars in potential recurring revenue to customer churn. While reducing churn is mission one for any subscription-based business, most retention strategies neglect one of the biggest and most recoverable causes of lost recurring revenue: failed payment authorizations. […]

Hitting the Payments Wall

Posted on July 13th, 2017 by

Limitations of Traditional Payment Processors

With all the buzz around payments, it’s no surprise to see the industry undergoing another round of consolidation, or to hear of yet another challenger jumping into the fray. What is surprising, however, is that the industry as a whole has not done enough to advance its capabilities to match fast enough savvy buyers’ requirements. […]

How to Lower Chargeback Rates

Posted on July 11th, 2017 by

“What is a chargeback?”

Asking the question is probably a good place to start if you want to prevent chargebacks.

A chargeback is a transaction reversal designed to protect consumers. Most refund requests that vendors like you deny will end up in a dispute or chargeback if the customer feels the problem hasn’t been solved. The chargeback process is also initiated when a customer is not willing to work with the vendor to solve a problem and instead goes directly to the card issuer to file a dispute. […]