Chargeback Prevention with avoided.io
Prevent chargebacks, reduce fraud losses, and safeguard your revenue with automated prevention tools from avoided.io.
Fraud Detection
Identifies high-risk transactions in real-time, allowing for immediate action.
Proactive Measures
Issues refunds or challenges disputes proactively to prevent escalation.
Customizable Rules
Enables businesses to set tailored rules that align with their specific prevention strategies.
How Does avoided.io Prevent Chargebacks?
Addressing Common Chargeback Reasons
Fraudulent Transactions
Utilizing advanced verification to prevent unauthorized charges.
Authorization Issues
Ensuring proper transaction approvals to avoid disputes, such as Visa's Reason Code 11.3 (No Authorization).
Processing Errors
Maintaining accurate transaction data to prevent errors like Visa's Reason Code 12.6 (Duplicate Processing).
Consumer Disputes
Providing clear product descriptions and return policies to minimize misunderstandings.
Common Visa and Mastercard Chargeback Reason Codes
avoided.io assists in managing chargebacks associated with:
Visa Reason Codes:
10.4: Other Fraud – Card-Absent Environment
13.1: Merchandise/Services Not Received
Mastercard Reason Codes:
4837: No Cardholder Authorization
4853: Cardholder Dispute – Defective/Not as Described
High-Risk Merchant Category Codes (MCCs) Prone to Chargebacks
Certain industries are more susceptible to chargebacks due to the nature of their services. avoided.io offers specialized support for high-risk categories, including:
MCC 4816: Computer Network Services
MCC 4829: Money Transfer Services
MCC 5962: Direct Marketing – Travel-Related Arrangement Services
MCC 5966: Direct Marketing – Outbound Telemarketing Merchants
MCC 7995: Betting, including Lottery Tickets, Casino Gaming Chips, Off-Track Betting, and Wagers
MCC 6211: Securities – Brokers/Dealers
Key Benefits of Chargeback Prevention with avoided.io
Reduce Fees
Avoid incurring $50-$100 per chargeback.
Protect Revenue
Safeguard your sales by preventing disputes.
Automate Processes
Allow avoided.io to manage disputes around the clock, reducing manual efforts.
How Much Can avoided.io Save My Business?
Businesses utilizing avoided.io have reported up to a 70% reduction in chargebacks, saving thousands annually.
“72% of disputes are fraud-related – avoided.io helps prevent them before they escalate.”
“Businesses lose an average of $40,000 annually to chargebacks – losses mitigated with avoided.io.”
Learn More About avoided.io