While they don’t happen often, payment disputes are a risk you take when accepting payment cards. If you take the following precautions, you can reduce the likelihood of receiving a dispute and be prepared in the event that you do receive one.
Present Your Refund, Return, and Cancellation Policies on Your Receipts
Write out and present your return, refund, and cancellation policies on your receipts or any other agreements made at the point of sale. Presenting a no returns/refunds/cancellation sign at the point of sale is not sufficient to verify your business’s policies.
Make the Name on Your Customer’s Bank Statements Recognizable
Make sure your business name reflects the type of goods or service you provide. If you don’t have a business name, include your service followed by the name of the city where you provide your service (eg. Taxi - Ottawa, ON). Do not use your personal name as your business name. Your customer may not recognize this name when it appears on their statement.
Communicate with Your Customers
Initiate and maintain open communication channels with your customers. Clearly communicate expectations around pricing, sales tax, delivery, and shipping.
Keep in mind that you can always re-send a receipt from your mobile device or from the Square Dashboard.