Dispute
Disputes, also known as chargebacks, are costly to businesses and complex tasks to manage. As every chargeback can cost over three times the amount lost, efficiently managing this issue is crucial to maximizing profits.
Butter intercepts disputes before they reach your payment processor in order to:
- Reduce Disputes: Fewer processor fees + lower operational costs
- Minimize Dispute Ratio: Avoid Visa Dispute Monitoring Program and penalty fees
- Prioritize Winnable Dispute: Increase dispute win rate
Butter has partnered with Verifi, a Visa Solution, to receive alerts once a dispute is created for a specific charge. Within seconds, we can review the transaction details, provide more information to the issuing banks, and successfully intercept disputes before they reach your payment processor. No manual effort is required to resolve each issue.
Rapid Dispute Resolution utilizes merchant-tailored rules developed by Butter's data scientists to determine the best course of action for each dispute - avoiding chargebacks and prioritizing winnable disputes.
Order Insight uses your historical transaction data to provide compelling evidence to block eligible disputes entirely - eliminating dispute costs and minimizing dispute ratio.