There ought to be a pivot from straight-up remittances (straight-through processing) to wallets (stored value) in the United States. This is a mindset change and is not too difficult to do.
If you can pivot to this, you will reduce your overall chargeback exposure (you cannot eliminate it, but you will reduce it nonetheless).
ABOUT FAISAL KHAN
Faisal Khan is a banking/payments consultant specializing in cross-border payments and is a digital money evangelist. He is the co-host of Around the Coin, a weekly podcast on Payments & Fintech with over 22,000+ listeners. Mr. Khan is a talent scout for Series A & B financing for various fintech VCs/funds. He is also a frequent contributor to popular Q&A site Quora where he has been a Top Writer 6 consecutive years.
Getting in touch is easy as 1…2…3
Please use this link to comment/contact: https://faisalkhan.com/contact/
WhatsApp # +1 312 957 6797
Telegram: @faisalkhan99
SCHEDULE A FREE 15 MINUTE CALL: https://faisalkhan.com/calendar/
Links
- Faisal Khan: https://faisalkhan.com
- Twitter: https://twitter.com/babushka99
- Facebook: https://www.facebook.com/faisalkhanpaymentconsultant/
- LinkedIn: https://www.linkedin.com/in/faisalkhan99/
- Quora: https://www.quora.com/profile/Faisal-Khan-1
- Podcast: http://www.aroundthecoin.com
- Blog: https://faisalkhan.com/blog/
- Blog on Medium: https://blog.faisalkhan.com/
#askfaisalkhan #byobaas #moneytransfer #cryptocurrency
If you can pivot to this, you will reduce your overall chargeback exposure (you cannot eliminate it, but you will reduce it nonetheless).
ABOUT FAISAL KHAN
Faisal Khan is a banking/payments consultant specializing in cross-border payments and is a digital money evangelist. He is the co-host of Around the Coin, a weekly podcast on Payments & Fintech with over 22,000+ listeners. Mr. Khan is a talent scout for Series A & B financing for various fintech VCs/funds. He is also a frequent contributor to popular Q&A site Quora where he has been a Top Writer 6 consecutive years.
Getting in touch is easy as 1…2…3
Please use this link to comment/contact: https://faisalkhan.com/contact/
WhatsApp # +1 312 957 6797
Telegram: @faisalkhan99
SCHEDULE A FREE 15 MINUTE CALL: https://faisalkhan.com/calendar/
Links
- Faisal Khan: https://faisalkhan.com
- Twitter: https://twitter.com/babushka99
- Facebook: https://www.facebook.com/faisalkhanpaymentconsultant/
- LinkedIn: https://www.linkedin.com/in/faisalkhan99/
- Quora: https://www.quora.com/profile/Faisal-Khan-1
- Podcast: http://www.aroundthecoin.com
- Blog: https://faisalkhan.com/blog/
- Blog on Medium: https://blog.faisalkhan.com/
#askfaisalkhan #byobaas #moneytransfer #cryptocurrency
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