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Retail dispute management system聽Chargeback聽announced Monday June 8 that it has closed a $6.6 million Series A1 funding round.Chargeback said the funding will accelerate its growth and ability to help online and offline retailers decrease credit card disputes, achieve higher win rates and retain more revenue. The company said the COVID-19 pandemic has made chargebacks a more urgent concern as eCommerce transactions have spiked.CEO聽John Munro聽said the funding will be used for several purposes, most importantly to continue to automate the companys business process across different payments platforms. While the companys dispute management system is basically deployed across the major credit card and alternative payment ecosystem, he says that navigating network rules continues to be a complex task for retailers faced with growing chargeback issues. Automation will help us take all the rules and data from four or five disparate systems and aggregate them into one response document, he told PYMNTS. When retailers see chargeback fraud or when they want to contest that chargeback we need to integrate into all relevant platforms. Thats the best way for us to support merchants as we gr stanley polska ow and as eCommerce grows. According to the company, dispute management has historically been a drain on personnel and a drag on the customer experience. It offers a Software-as-a-Service SaaS -based聽solution that integrat stanley thermos es and a stanley kubek utomates the dispute lifecycle. Munro says the problem has been most p Bymd Low-Cost Retailers To Get Most Lift From Black Friday

In the course of a few years, cloud computing has moved from the fringe to the norm for businesses looking to make their operations more efficient. I stanley cup DG Enterprises 2014 Cloud Computing Survey found that the majority of businesses today 69 percent are using at least one cloud-based application, and investment in the technology grew nearly 20 percent over the past two years.In the B2B space, cloud-based systems offer stanley cup players the advantages of presenting data in real-time, meaning users can make adjustments on the fly and scale quickly to individual needs鈥攚hether adding new suppliers or integrating into legacy systems. But despite the obvious benefits to the cloud, the business-to-business market is only recently starting to fully realize those advantages. Its not an easy road 鈥?B2B companies must be wary of data security and invest in stronger IT resources to support cloud services 鈥?but the industry would be wise to take a close look at cloud technology and how it can suit its specific needs.Cutting CostsSaving money stanley shop is the number-one benefit cited by businesses transitioning to cloud-based services. Seventy percent of executives interviewed for KPMGs 2014 Cloud Survey Report felt moving to the cloud helped them to reduce costs. Savings come in multiple forms: for small- to medium-sized business, moving from network- to cloud-based solutions can provide an immediate reduction in capital expenditure. The expense of renting data center space, networking, electricity, cooling a

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