2TouchPOS and the Chargeback FEVER!
2TouchPOS Working for you to keep your money SAFE! Keeping track of your charge payments and payment processes is becoming routine for business owners. Monitoring your bank account balances is a daunting task, but now that consumers have the ability to dispute charges; more and more businesses are left “Holding the Bag”. Chargebacks can happen when a customer claims that they did not get what they paid for. A consumer can get their money back after a purchase simply by calling their bank or a Credit Card Dispute Agency ; explaining the circumstance and then if the bank agrees or finds cause, the money is given back to the consumer. This means that YOUR customers may have the ability to reverse a charge for a tab that you thought was paid for. I was reading some articles on the topic as I continue to be concerned for our 2TouchPOS customers. Take a look: Chargeback Article. This concept is beginning to really hit establishment owners in the restaurant industry.