Chargeback Avoidance and Reversals
Chargeback Avoidances oftentimes simply require a timely and proper response to an inquiry or retrieval, through the bank process. The key here is to know exactly what to do and to ensure it happens within the limited time frame. The Receivable Management Services Corporation (RMS) is the leading provider of Chargeback Management Services.
- On inquiries and retrievals, RMS is successful in avoiding the chargeback up to 80% of the time!
A Chargeback Reversal occurs once a chargeback is properly defended through the bank process. However, it is then up to you to make sure the bank processing actually happens and that you get the funds re-deposited or cleared. RMS has over 165 years of recovery services experience which when combined with the relationships we maintain with the banking institutions and credit card providers, gives us – and then you - critical advantage when pursuing reversals.
- RMS achieves reversals on up to 40% of the chargeback’s managed…inclusive of fraud!