Chargebacks are frustrating. You work too hard on your online business to sit and watch the profits you've earned disappear through the dishonesty of a customer, and because of the current inadequacy of internet contracts and agreements.
Thankfully, there is now a way forward to a future without this costly form of fraud. Signaturelink.com is offering anyone who does business over the internet a way to capture a legal signature from a buyer. This legal signature makes it impossible for the buyer to claim that they had never initiated contact for the product or service. The signature link program not only captures the buyer's signature, it also records information such as the date and time of the transaction, and even the IP address from where the order was placed. You can see how it's going to be pretty difficult for someone to deny initiating a purchase, when you have their signature captured electronically, and you can prove that the computer used was registered out of their household!
Banks love a paper trail; and as any frustrated e merchant knows, if you don't have a signature, you can't reverse a chargeback. With this new software you can prove to the bank that the customer signed an agreement that stated clearly both the total cost and the terms and conditions of the sale. If you have met this burden of proof, then banks will overturn a chargeback.
The signature makes the transaction legally binding. No one can argue about the terms of the transaction after they have physically signed an agreement on that transaction; if you have the signature, the transaction is legally binding.. Criminals won't be tempted to try you after being required to make a signed agreement of the terms of sale. Why give away the evidence that could lead to their prosecution, when there are thousand of other e-merchants out there that don't require this signatory step.You will also develop credibility with your bank. They will appreciate that you always have the appropriate documentation to resolve any disputes. They will come to trust you as a reliable merchant, and will look at future disagreements in your favor.You'll never again be held hostage to the currently unreasonable state of business affairs on the internet. By raising you e-business to the same standards of agreements used in all legal contracts, you'll be safe from fraud.
Monday, May 7, 2007
No-More Chargebacks With Online Signature Software
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment