Shopify, the ecommerce platform used by about 500,000 merchants, reported that last Black Friday (2017), $1,138,574 passed through their platform per minute at the day’s peak—almost double the rate of 2016. It was the biggest Black Friday – Cyber Monday (BFCM) to date for Shopify merchants: $1 billion was spent
In an age of advanced technology, convenience and self-service, more and more customers are turning to ecommerce businesses over their brick-and-mortar counterparts. But that’s not to say that the physical storefront is becoming extinct. In a mutually-beneficial cycle, most in-store purchases are inspired by online searches and social media sites.
Chargebacks. They’re frustrating for business owners, and a beloved perk for credit cardholders. We’ll start with the basics about how chargebacks work, then get into what you can do to prevent them at your business. What is a Chargeback? A chargeback is a forced refund from business to customer after the
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